Saylor

This Week on Crypto Twitter: Michael Saylor Steps Down as CEO to 'Focus More on Bitcoin', Nomad and Solana Get Hacked

This Week on Crypto Twitter: Michael Saylor Steps Down as CEO to ‘Focus More on Bitcoin’, Nomad and Solana Get Hacked

Illustration by Mitchell Preffer for Decrypt After two straight weeks of growth, crypto markets a bit cramped. Even though reports of liquidity issues appear to have slowed, investors have been cautious. This week, Bitcoin-HODLing companies Block Inc. and MicroStrategy both reported large impairment charges on their holdings. Block is down $36 million, while MicroStrategy is …

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Michael Saylor lost big in the Dot-Com bubble and Bitcoin crash.  Now he's aiming to bounce back again

Michael Saylor lost big in the Dot-Com bubble and Bitcoin crash. Now he’s aiming to bounce back again

Michael Saylor lost around $1 billion on his bitcoin (BTC) bet and has just quit as CEO of MicroStrategy (MSTR), the software company he founded in the 1980s. Being in a sticky situation is familiar territory for Saylor, 57. After the dotcom bubble burst in March 2000, CNBC host Jim Cramer pointed to MicroStrategy’s collapse …

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