MicroStrategy, the business intelligence firm turned Bitcoin treasury company, has temporarily halted its Bitcoin acquisitions after a 12-week streak of continuous purchases. The company’s co-founder and chairman, Michael Saylor, announced
The move is seen as a strategy to reduce the company’s debt burden while encouraging noteholders to convert their holdings into equity. Noteholders have until February 24 to either redeem their securities at face value or opt for the conversion.
During an interview at the World Economic Forum in Davos, BlackRock CEO Larry Fink recently shared his views on Bitcoin’s role as a potential hedge against economic instability. Fink suggested
This development follows a December 2024 agreement with the IMF, where El Salvador pledged to curb its Bitcoin policies in exchange for a $1.4 billion loan.
Ben El-Baz, Managing Director of HashKey Global, emphasized Bitcoin's decentralized, inflation-resistant nature as a challenge to traditional assets like gold and U.S. Treasury bonds.
