On the eve of MicroStrategy’s 1998 stock market debut, founder Michael Saylor stayed at the Lotte New York Palace, with Merrill Lynch covering the costs, before watching the stock open on the Nasdaq the next morning. MicroStrategy’s shares rose 76%, kicking off the dot-com boom. In 2024, Saylor urged Microsoft to invest in bitcoin, with MicroStrategy already holding $42 billion worth of the cryptocurrency, leading to a market cap increase from $1.1 billion to $82 billion.
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Infrastructure works among budgetary announcements being implemented in Rajasthan
Rajasthan Chief Minister Bhajan Lal Sharma is overseeing the implementation of infrastructure development projects and industrial sector tasks outlined in the 2025-26 State Budget ahead of the upcoming budget session. Emphasizing accountability and transparency, Sharma identified key areas such as water supply, power, stone cluster upgrades, and polluted water treatment plants for timely completion. He instructed departments to submit progress reports regularly and expedite the Brahmani river dam project to ensure water availability in southern...
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