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Showing posts with the label announcement

Saylor posts MicroStrategy’s BTC tracker: Another Buy?

Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X. The market expects an annoncement that the company has acquired another chunk of BTC. Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29 MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again. In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul. Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase. NEW: Michael Saylor posted his BTC purchase tracker again, which means MicroStrategy will announce another HUGE #Bitcoin purchase tomorrow. SAYLOR IS THE GOAT 🐐 pic.twitter.com/48RTgEE1ud — Nikolaus Hoffman (@NikolausHoff) December 29, 2024 Noticeably, MicroStrategy has acquir...

No, Louisiana is not accepting crypto for tax payments

Another day, another fake headline from a crypto influencer. Today, in an alleged first-ever announcement for a state government, Louisiana supposedly announced its acceptance of crypto for the payment of taxes. There is just one problem with that incredible news: It never happened. According to a screenshot and post to X (formerly Twitter) by BitcoinNews.com, Louisiana residents “can now use bitcoin and Bitcoin Lightning Network to pay taxes and fees.” Unfortunately, a fact check reveals that they cannot. According to BitcoinNews.com, Louisiana’s Department of Wildlife and Fisheries accepted bitcoin via the Lightning Network. However, per the actual announcement from Louisiana’s Department of Wildlife and Fisheries, point-of-sale provider Bead Pay accepted bitcoin from a resident, facilitated its sale into US dollars, and then deposited US dollars into a state government bank account. No, California is not adopting bitcoin Read more: No, Russia did not just lift its ban ...