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February 17, 2021
Comments Off on MicroStrategy ready to buy 2nd stash of Bitcoin
When most of us are watching bitcoin cross the $50,000 thinking whether to invest in it or not. MicroStrategy in its recent filling announced that it will start buying more bitcoins. It is entirely unfazed by the volatility of a crypto market. MicroStrategy is looking to sell its convertible bonds 
worth $ 600 Million. Which it will use to increase its bitcoin holdings in the coming days. Around last summer MicroStrategy actively bought its first stash of bitcoin. The company invested somewhere around $ 1.15 Billion in BTC which has come a long way. With this corporate strategy, they are looking to buy their second stash of bitcoin very soon.
worth $ 600 Million. Which it will use to increase its bitcoin holdings in the coming days. Around last summer MicroStrategy actively bought its first stash of bitcoin. The company invested somewhere around $ 1.15 Billion in BTC which has come a long way. With this corporate strategy, they are looking to buy their second stash of bitcoin very soon. But that’s not all there is to know, after their successful bet on bitcoin paid off this changed drastically. Now, MicroStrategy has earned a name for its bitcoin investments. Are you investing in MicroStrategy just to be safe from extra volatility? Then you’re paying a hefty premium.
About MicroStrategy
The company started in 1989 by Sanju Bansal & Michael J. Saylor. It is also the very first corporate buyer who dared to purchase bitcoin directly at that time. This was the idea of its CEO Michael Saylor. As he was actively analyzing the value of USD diminishing by large margins. MicroStrategy currently holds around 70,500+ bitcoins. This is after its first purchase in August 2020. This holding is worth around $ 3.5 billion as of 17th Feb 2021.
The CEO’s bet on bitcoin has paid off pretty well and paved a name for him across the globe. Bitcoin has appreciated around 315 % since its purchase in August. This directly tripled their investments to $3 Billion.
That’s not all, what if I tell you MicroStrategy has outgrown bitcoin itself? Well, you certainly won’t believe me, but that is 100% true. The company bought BTC at around $16,035 with an investment of around $1 Billion and the rest is history. Although bitcoin grew by 300%, MicroStrategy’s shares have soared by around 700% since then. This also increased the total valuation of MicroStrategy. Now it’s valued at $ 10 Billion, from $ 2 Billion in August.
Why are people paying a Premium by investing in MicroStrategy?
To understand this, you will have to be in a hypothetical situation. Say at the price of $ 50,000 MicroStrategy can purchase around 12,000 coins with its $ 600 Million. Now take the shares the company 
already owns which is around 71,000 and add 12,000 more to it. MicroStrategy has around 83,000 BTC in total. The shares outstanding are 7.6 Million meaning each share will get around 0.011 bitcoin.
already owns which is around 71,000 and add 12,000 more to it. MicroStrategy has around 83,000 BTC in total. The shares outstanding are 7.6 Million meaning each share will get around 0.011 bitcoin. The share price of MS was $135 in August that soared to $955 as of today. So, if an investor is looking to invest in MicroStrategy today only for its fair share in Bitcoin. He will be paying around $86,818 for each bitcoin he will own in proportionate to his shares. This is at almost 55% premium than the market rate.
However, things are not that bad. MicroStrategy has been outperforming bitcoin since August. This explains why everybody is after it.
February 16, 2021
Comments Off on Event Website Becomes Leading News Portal
This pandemic has lead to the devastation of many well-known businesses. But it has also given equal opportunities. Many new businesses were innovative enough to take advantage of this. One such website is the event planner SiGMA. SiGMA.world was just a small website representing the foundation’s 
work in places like Malta. But if you look at its homepage today it has much relevant news related to gaming.
work in places like Malta. But if you look at its homepage today it has much relevant news related to gaming. Their website used to be a showcasing album for their shows under SiGMA Europe, SiGMA Africa, SiGMA Asia, & SiGMA America. But now it has evolved as one of the leaders in recording news and events related to gaming. It has also started a new division under the name of AIBC. They cover all the general news related to the social and financial world.
About SiGMA Foundation?
Founded by Keith Marshall SiGMA foundation is the sub-division of SiGMA Group. It focuses mainly on doing philanthropic works. Also, it is the backbone of all the ventures run under the name of SiGMA. It also controls many other websites like AIBC. The company aims to spread awareness. Charity, fund-raising, education, and crucial skill development are some of their main goals. SiGMA promotes gaming in a regulated manner worldwide. The foundation is actively involved with big-organizations like MGA, PAGCOR, Coljuegos.
What makes it different from other such foundations is its transparent nature. The SiGMA foundation believes in staying transparent by keeping a low profile. All the details regarding their acts are already available online. The foundation is working day-night to provide better education and spread awareness. They are also actively involved in healthcare services.
Overview of the services covered by SiGMA
It was just an average website. Now SiGMA is the ultimate place for news and information. It is one of the few companies that cover round-the-clock news across the globe. With reporters reporting from many different locations the company offers diversified content. You will find everything from podcasts to personal interviews. SiGMA also started covering crypto news a few months ago.
The 
website also started featured events like Grand Slam Series. They interview multiple gaming stars. Here readers can get information about SEO tips. This would help them to form their favorite gaming affiliates. Along with this it also runs a dedicated game review section. Here the website provides readers with in-depth game reviews keeping them updated. You will also find all the news related to their charitable award shows and many such events.
website also started featured events like Grand Slam Series. They interview multiple gaming stars. Here readers can get information about SEO tips. This would help them to form their favorite gaming affiliates. Along with this it also runs a dedicated game review section. Here the website provides readers with in-depth game reviews keeping them updated. You will also find all the news related to their charitable award shows and many such events.Final Words
SiGMA has also started inviting more guests and entrepreneurs to its interviews. They have added multiple segments to their websites showcasing emerging tech start-ups. The news website AIBC is also something to look out for. Here readers can find dedicated segments of deep-tech and content related to block-chain. Also, you will get the latest news here. It covers crypto, AI, quantum computing, loT, fintech, etc. Due to the outburst of LAN gaming events. You will find news related to such events where it covers all its instances live.
February 15, 2021
Comments Off on Blockchain firm promise to make a Crypto City in Nevada desert
Blockchain technology to run an entire city? Impossible, right? But we are in 2021, and blockchain is brewing like never before. Recently, a blockchain technology-based firm proposed the same in the Nevada Desert. The firm’s CEO Jeffrey Berns stated that he has proposed to form a local government 
in the Nevada desert. On the 67,000 acres of land in the Storey County owned by the firm, he proposes to build a crypto city. If this gets approved that area’s identity will change into becoming an innovation zone.
in the Nevada desert. On the 67,000 acres of land in the Storey County owned by the firm, he proposes to build a crypto city. If this gets approved that area’s identity will change into becoming an innovation zone.The idea came from Jeffrey Berns. This happened after he heard some of his clients complaining about current regulations. His clients always complain about traditional government practices that provide less flexibility. After which he came up with an idea to create a place where innovation and growth work hand-in-hand.
What does the Blockchain firm aim to achieve?
The firm aims to create a local government with some prominent rights. They are looking to build their court-rooms and impose taxes on people living here. That’s not all, the firm also wants to incorporate all this in a unified crypto-based payment solution. Here, all the payments for goods and services will be processed via crypto. This will log an online footprint for everyone living in the city. This includes personal records to financial statements. The firm is looking to fulfill a long run dream of a smart city that runs on blockchain technology.
Jeffrey also said they will allow people to benefit from better regulations. They aim to lay the groundwork in the county area by 2022 which is 12 miles away from Reno. They have laid a plan for the next 75 years where the firm will build 15000+ homes and around 33 Million sq. ft. of industrial space. Their main goal is to introduce people to an innovation-driven place. Where they can benefit and innovate from technology.
Will this benefit other people?
You must have heard about proposals where the government gave billions in tax-rebates. For instance, Tesla getting 1.3$ Billion. Which then Tesla used for their Nevada battery factory. Newyork gave another billion to Amazon for their corporate headquarters. The tech giants Google and Facebook impact the current market heavily.
But,
a development project that plans to build a smart city and an innovation zone is a better option. This was also what Steve Sisolak had to say in his state address of January. He said economic development needs a revamp. And these innovation-zones and blockchain LLCs are an integral part of that.
How did the Nevada Government react to this?
The Government showed no official interest in such developments. And also stated that making such choices should be a state-run decision. Berns questioned the government about their response. He said, “what did they think we would do by purchasing 70,000 acres of land.”
February 13, 2021
Comments Off on All you need to know about Bitcoin Maximalist
If you have followed the Bitcoin community for at least 2 months then you should have heard about “Bitcoin Maximalist” many times. But what does it mean to be a Maximalist let alone a Bitcoin Maximalist?
What is the meaning of Maximalism?
Any person who has a strong belief in something. And is not ready to change his views is a Maximalist. These people are hell-bent on a point regressively. They will ignore anything that questions the 
belief they idealize. Each community has multiple maximalists who will blindly support their agenda. Likewise, there are Maximalists in the crypto world.
belief they idealize. Each community has multiple maximalists who will blindly support their agenda. Likewise, there are Maximalists in the crypto world.Who is a Bitcoin Maximalist?
In simple terms, a Bitcoin maximalist is a person who has an unwavering belief over Bitcoin. Bitcoin Maximalist do not accept any other cryptocurrency. These people think bitcoin is the only currency worth caring about. Due to which they despise all the other crypto-currencies. Maximalist even call their existence questionable and unwanted. There are thousands of people who claim themselves to be bitcoin maximalist.
All this started when a group of Bitcoin supporters came together. They backed bitcoin on multiple social media platforms and started calling themselves “Bitcoin Maximalists.”
Why Maximalists Love Bitcoin?
Bitcoin is the most prominent cryptocurrency in the world mostly due to its value. But, for a maximalist, that is not all the reason to consider it as its savior. There are many other aspects influencing people into becoming Bitcoin Maximalist. Some of the reasons why maximalist love bitcoin are as follows:
- No need for permission:
One of the primary reasons why maximalists support bitcoin is because it’s peerless. You don’t need to take any approval to send payments via bitcoin.
- No confiscation required
With bitcoin on your portfolio, there is no way anyone can ever confiscate your holdings. Due to its anonymity, it is rather hard to track the holdings of any individual.
- Trustless
Payments are mostly processed through financial institutes authorized by the government through trust. But it’s much better to transact through a decentralized currency like bitcoin. Here you will not have to trust anyone but yourself. This provides greater control which makes it dearer to maximalists.
- Self-sovereign bearer asset
The money we have at our bank is not completely controlled by us as we have given banks the right to use our money. But, with bitcoin, a user fully owns his holdings with no third-party access. This makes bitcoin a self-sovereign asset fully controlled by the bearer.
- Capped from inception
There is 
no limit to the supply of any commodity like cash, or gold. But bitcoin is a totally different case. The most debated topic about bitcoin by maximalists is its limit. There are only 21 Million minable Bitcoins in total which makes it very unique and valuable.
no limit to the supply of any commodity like cash, or gold. But bitcoin is a totally different case. The most debated topic about bitcoin by maximalists is its limit. There are only 21 Million minable Bitcoins in total which makes it very unique and valuable.Does Maximalist affect the Bitcoin market?
Maximalism is a sign of blind trust and faith. Any currency which is not controlled by anyone solely soars based on trust and faith. Bitcoin maximalists play a very vital role in supporting its overall-growth. Some even say that the exponential growth of bitcoin is due to its loyal maximalist. Although this is a highly speculated matter and no sources have confirmed this news.