Search results for Samson Mow
Crypto
Michael Saylor says he is going back to work as Strategy hints at resuming bitcoin buying
Strategy has hinted it may resume buying bitcoin this week after Chairman Michael Saylor posted, \"Going back to work, BTC\" on X. His posts have often preceded the company’s purchases. Strategy last bought 3,273 bitcoin on April 27 for about $255 million, lifting holdings to 818,334 valued at about $61.8 billion. The signal follows debate over possible limited sales to fund dividends for holders of its credit products.
Crypto
Samson Mow says Strategy\'s Bitcoin sale comment meant to keep options open
Strategy has flagged the possibility of selling part of its Bitcoin holdings to secure funds for dividends, drawing attention because it differs from Michael Saylor\'s previously firm holding stance. Bitcoin supporter Samson Mow said an absolutist stance against selling limits options and that public markets require every available tool. Markets are focused on the opening of that option and the impact any sale could have, given Strategy holds 818,334 BTC.
Crypto
VanEck says bitcoin could reach $1 million by 2031
VanEck said bitcoin could reach $1 million per coin within the next few years, around five years. Matthew Sigel, head of digital assets research at VanEck, told CNBC that the firm’s base case is a long-term rise, though the asset can be highly cyclical and volatile. He compared its adoption to the video game industry and cited broadening demand across age groups and central bank purchases for reserves.
