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As far back as 2021, we were paying attention to Michael Saylor and his company’s bitcoin strategy. In “THE BITCOIN FIX,” 24 Aug 2021, we profiled Saylor’s views about how Bitcoin could stabilize and solve capital preservation and even wider financial system problems for companies, economies and nations.
China’s “success” in shutting down bitcoin mining will hurt China the most, says Microstrategy CEO MIchael Saylor. Saylor’s company obviously has a huge stake in the world’s first and largest capitalized decentralized crypto. Microstrategy, a business intelligence firm that has made news repeatedly for putting its money where it forecasts, with huge buys of Bitcoin,...
As the old saying goes; “You can’t make this shit up.” But as we have detailed since Donald Trump won the race to the White House in 2024, with every passing day—from the Tariff War to the Israel War, to the Ukraine War to the Yemen War, to the Iran War—another day, another promise and another broken promise.
People are taking up characteristic words and phrasing of the most widely used generative AI chatbots, including OpenAI’s ChatGPT, according to the Max Planck Society.
Major companies who have been laying off workers are opting to replace them with AI and automation technologies, instead of inviting them back.
Another close associate to Donald Trump is looking to cash in on the U.S.’s first “crypto president,” and announced a new publicly traded bitcoin investment firm backed by $300 million.
Democrats who formerly backed a major crypto legislative bill that included positive regulations to further dollar backed stablecoins are now stalling the measure in Congress.
Softbank Group, the Japanese venture juggernaut, is leading a consortium that has formed Twenty One Capital, a new fund that will pool the cryptocurrency holdings of the partners with the goal of amassing more Bitcoin.
With two crypto measures on the Arizona Governor’s desk, Arizona might soon lead state-level bitcoin investing.
Go to the $6 weekend print edition of The Wall Street Journal... couldn’t find an article that gold prices spiked to new highs and closed at $3,225 per ounce. As we go to press, gold is up some $22 per ounce and spot gold is selling $3,231 per ounce.
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