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Saylor is known for his extremely bullish views on the major cryptocurrency, which he doesn’t forget to confirm with almost daily Bitcoin-focused statements on social media, sometimes viral, sometimes unconventional, sometimes shocking and sometimes insightful, which have already become part of the crypto market lore.The most recent one, however, is more insightful, as Saylor plotted the performance of MSTR stock against other top-performing stocks in the S&P 500, the main index of the U.S. stock market.According to him, MicroStrategy had its best stock performance since August 2020, when the software maker adopted the Bitcoin strategy. To put this in perspective, MSTR is up 1,620% year to date, while its nearest competitor, Nvidia (NASDAQ:NVDA), is up 1,107%, and that’s despite all the artificial intelligence hype.At the moment, this colossal amount of Bitcoin brings the company around $5.85 billion in unrealized profits.The result is clear to see, and despite the bear market we’ve seen throughout 2022 and beyond, Saylor & Co has not stopped buying Bitcoin, and that is perhaps the unspoken part of the strategy, as you need to be prepared for the toughest times along the way.This article was originally published on U.Today More
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“Investors in Germany will be getting tax breaks,” said the strategy paper, a copy of which was obtained by Reuters.The paper laid out proposals to change course against a damaging recession, as Germany struggles with rising unemployment, high energy costs and competition from China and the United States in export markets.The presidium of the left-wing party that in 2021 forged a three-way coalition with the Greens and pro-business Free Democrats approved the proposals, which also envisage giving income tax breaks to 95% of taxpayers, on Saturday.It also says minimum wages should be gradually raised to 15 euros from 12.41 euros. There were no financial details of how these plans would be funded.The Bild am Sonntag (BamS) Sunday paper was first to report the plans.All parties are preparing for the elections scheduled for September 2025, though the vote could be held earlier if the coalition were to break up in coming months over a raft of problems.The SPD plans include purchase bonuses for locally-made electric vehicles which have seen sluggish sales and face stiff competition from cheaper Chinese-made imports. The party reiterated calls for a revision of a debt brake to roll back decades of underinvestment in crucial infrastructure and proposes helping manufacturers save on electricity grid fees as part of a package of more competitive industry power prices.Economy Minister Robert Habeck of the Green Party supports the grid fee move.The SPD board is due to approve the strategy at a meeting on Sunday afternoon. More
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