Michael Saylor, the executive chairman of MicroStrategy (now known as Strategy), is adjusting his long-term Bitcoin acquisition strategy by moving away from common stock sales as a primary funding method. While the company has historically used at-the-market (ATM) equity programs to raise capital for its Bitcoin purchases, recent reports indicate a shift towards an “unorthodox … Continue reading "Michael Saylor’s Strategic Pivot: Limiting Stock Sales for Bitcoin Buys" The post Michael Saylor’s Strategic Pivot: Limiting Stock Sales for Bitcoin Buys appeared first on Cryptoknowmics-Crypto News and Media Platform.Michael Saylor, the executive chairman of MicroStrategy (now known as Strategy), is adjusting his long-term Bitcoin acquisition strategy by moving away from common stock sales as a primary funding method. While the company has historically used at-the-market (ATM) equity programs to raise capital for its Bitcoin purchases, recent reports indicate a shift towards an “unorthodox … Continue reading "Michael Saylor’s Strategic Pivot: Limiting Stock Sales for Bitcoin Buys" The post Michael Saylor’s Strategic Pivot: Limiting Stock Sales for Bitcoin Buys appeared first on Cryptoknowmics-Crypto News and Media Platform.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more