JPMorgan’s Michael Cembalest Isn’t Crazy About BTC
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Michael Cembalest – chairman of investment strategy for financial giant JPMorgan – said in a recent interview that he’s not crazy about bitcoin and the world of crypto, suggesting that despite how…
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Michael Saylor, one of the leading advocates of Bitcoin, has recently faced criticism from the Bitcoin community with his statements. Another criticism came from Ethereum co-founder Vitalik Buterin, who criticized Michael Saylor’s view on institutional Bitcoin custody. Vitalik Buterin criticized Saylor’s proposal that large financial institutions and “very difficult to…
Strategy (MicroStrategy), which has been making regular Bitcoin (BTC) purchases since approximately 2020, made its weekly Bitcoin purchase and purchased 8,178 BTC last week. Accordingly, Strategy purchased 8,178 BTC worth $835.6 million at an average price of $102,171 between November 10 and November 16. Strategy founder Michael Saylor announced the…