Since the dawn of history, the person with the bigger stick could easily take the person with the smaller stick’s money. That, at least, is one of many philosophies espoused by MicroStrategy founder Michael Saylor. He is beyond enthusiastic about the ability of bitcoin to change the planet, thanks to its “freedom and self-sovereignty”, and he has bet his company's future on it. Unfortunately he still lives in a supervised world.
accusing Saylor of avoiding over $25 million of local taxes along with the help of his company. It isn't Saylor's first run-in with hall monitors. In 2000, he agreed to disgorge over $8 million to settle, without admitting or denying, claims MicroStrategy had overstated its financial results.
MicroStrategy made an unusual, debt-funded bet on bitcoin, spending $4 billion of company money which as the end of last quarter was worth $2 billion Die-hard bitcoin fans may dream of the day they live in world where both governments and markets don't have structure. Unfortunately for Saylor - and MicroStrategy investors - that's not today's reality. Capital Calls - More concise insights on global finance:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Binance Froze Russian Gun Maker's Crypto Assets, Likely at Ukraine’s RequestSCOOP: binance froze a wallet related to Vladislav Lobaev, a Russian gun manufacturer who raised funds for the country's troops in Ukraine, according to a Lobaev representative and blockchain analysis. baidakova reports for CoinDesk's SinWeek series
Leer más »
JPMorgan Strategist Advises Investors to Sell Bitcoin, Crypto After Fed's Hawkish StanceAfter a short-lived reprieve from June lows, the crypto market neared crucial support levels on Fed's hawkish chorus.
Leer más »
Crypto market turmoil highlights risks of leverage in tradingMajor crypto exchanges around the world are beginning to limit leverage in order to avoid regulatory discordance with major jurisdictions.
Leer más »
Crypto.com Accidentally Sends Woman $7 Million, Sues Her to Get It BackAfter sending a Melbourne woman roughly over $7 million USD by mistake, cringe crypto exchange Crypto.com has won a lawsuit against the user.
Leer más »
Coinbase, FTX, Binance Get Inquiries as Congress Looks to Crack Down on $1 Billion Crypto FraudThe House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from crypto fraudsters.
Leer más »