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Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution
03 May 2024 04:19 GMT
MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea.
During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael …
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MicroStrategy launches decentralized identity platform on Bitcoin blockchain
02 May 2024 17:37 GMT
MicroStrategy, the leading business intelligence firm and one of the earliest institutional adopters of Bitcoin, has made waves once again with the announcement of MicroStrategy Orange – a groundbreaking decentralized identity (DID) platform built on the …
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MicroStrategy Launches Orange Protocol for Decentralized ID on Bitcoin With Ordinals-Based Inscriptions
02 May 2024 13:53 GMT
TL;DR
MicroStrategy’s Innovation: Launched the Orange Protocol, a decentralized identity solution on the Bitcoin blockchain, using Ordinal-based inscriptions for data storage and retrieval.
Digital Identity Revolution: The protocol aims to create 10,000 …
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MicroStrategy Develops Decentralized Identity With Bitcoin’s Ordinals Tech
02 May 2024 12:40 GMT
Business intelligence company MicroStrategy, known as one of the largest Bitcoin holders, has unveiled MicroStrategy Orange, a decentralized identity (DID) protocol powered by the Bitcoin blockchain and inspired by inscription technology like Ordinals.
The …
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MicroStrategy to build a Bitcoin-based decentralized identity platform
02 May 2024 10:57 GMT
MicroStrategy has announced plans to launch a decentralized identity solution on the Bitcoin (BTC) network that stores and retrieves information using Ordinal-based inscriptions.
MicroStrategy executive chairman Michael Saylor announced the solution, …
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MicroStrategy Bought 122 BTC in April, Now Holds 214,400 BTC
02 May 2024 09:49 GMT
MicroStrategy, under the leadership of Michael Saylor, has been actively investing in Bitcoin. The company has recently acquired 122 BTC in April, equivalent to around $7.8 million at purchase time, according to MicroStrategy’s Q1/2024 financial report …
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MicroStrategy Stock Slumps: Was Deep Earnings Loss Just an Accounting Quirk?
01 May 2024 17:45 GMT
Bitcoin (BTC-USD) isn’t a business and doesn’t have earnings reports, but its price movements can have profound effects on cryptocurrency-associated companies. A case in point is MicroStrategy (NASDAQ:MSTR), which is about as crypto-immersive as a business …
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MicroStrategy Reports Q1 Loss, Misses Revenue Estimates Due to Bitcoin Impairment Charge
01 May 2024 11:38 GMT
MicroStrategy, the business intelligence software company turned bitcoin investment vehicle, reported a larger-than-expected loss and missed revenue estimates in its first-quarter 2024 earnings report.
The company posted a loss of $3.09 per share on …
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MicroStrategy’s Bitcoin Holdings Soar to $13.6 Billion: Now Holds 1% of BTC’s Total Circulating Supply
30 Apr 2024 14:44 GMT
TL;DR
MicroStrategy acquired $1.65 billion in Bitcoin in the first quarter, raising its total holdings to $13.6 billion.
Bitcoin has experienced significant growth, attributed in part to institutional interest and the launch of Bitcoin ETFs.
Michael Saylor …
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MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
30 Apr 2024 13:53 GMT
MicroStrategy’s Bitcoin holdings increased by 122 BTC in April, according to the company’s latest quarterly report.
MicroStrategy, the largest Bitcoin holder among public companies, keeps buying more BTC, as its latest quarterly report indicates the …