tl;dr
MicroStrategy CEO Michael Saylor celebrated the 16th anniversary of the Bitcoin Whitepaper Day, thanking Satoshi Nakamoto for the groundbreaking masterpiece. Saylor's celebration overshadowed the company's quarterly earnings miss. He acknowledged Bitcoin as humanity's "economic energy" and emphasize...
MicroStrategy CEO Michael Saylor celebrated the 16th anniversary of the Bitcoin Whitepaper Day, thanking Satoshi Nakamoto for the groundbreaking masterpiece. This celebration overshadowed the company's quarterly earnings miss. Saylor acknowledged Bitcoin as humanity's "economic energy" and emphasized its potential to reshape economies.
Michael Saylor, the CEO of MicroStrategy, thanked Bitcoin founder Satoshi Nakamoto and shared a screenshot of MicroStrategy sales agreement, which allows the potential sale of up to $21 billion in Class A common stock. The agreement, finalized on October 30, gives MicroStrategy the flexibility to control the timing and amount of shares sold.
Michael Saylor views Bitcoin as humanity's "economic energy," praising its potential to reshape economies. He owns over 17,000 Bitcoins personally, with MicroStrategy holding upwards of $18 billion worth, making it the largest corporate holder of Bitcoin in the world.
On the 16th anniversary of the Bitcoin Whitepaper Day, Michael Saylor celebrated the publication of the groundbreaking document that outlined the plan for a decentralized currency using blockchain technology. This marked a significant milestone in monetary history and laid the foundation for the cryptocurrency revolution.
More about United States Steel Corporation
United States Steel Corporation produces and sells tubular and flat rolled steel products primarily in North America and Europe. The company is headquartered in Pittsburgh, Pennsylvania.
Industry: Manufacturing
Sub-Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Market Cap: 8,892,748,000
Current Price: $17.26
Price Change: 0.2
Percentage Change: 2.29%
PE Ratio: 75.31
Dividend Yield: 0.034
Shares Outstanding: 1,685,300,000
Revenue: 16,853,000,000
EPS: $41.87
Net Income: -617 million
EBITDA: -178 million