MicroStrategy News
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MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path…
BTC
Bitcoin
Analyst Jacob King has labeled MicroStrategy’s Bitcoin-focused business model a “giant scam,” claiming it is unsustainable and destined for collapse. King, a contributor to the Whalewire newsletter, issued this critique of MicroStrategy in a detailed post on X. King argued…
BTC
Bitcoin
Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase. The flagship digital asset rose…
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Bitcoin
Michael Saylor-led MicroStrategy has increased its total Bitcoin holdings to 439,000, strengthening its position as the top corporate BTC holder.
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Bitcoin
MicroStrategy stock has popped more than 6% in pre-market trading as cryptocurrencies see gains amid Bitcoin’s surge to a new all-time high. The MicroStrategy shares’ price is also rising as the market reacts to news that the leading corporate holder…
BTC
Bitcoin
Bitcoin reached an all-time high on Monday after institutional interest in the digital currency spiked as President-elect Donald Trump confirmed plans for Bitcoin reserve.
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Bitcoin
Bitcoin institutional adoption surges, MicroStrategy makes another massive BTC purchase, and Avalanche secures major funding in today’s edition of the weekly recap. U.S. Bitcoin ETFs breach $50.5 billion MicroStrategy joins Nasdaq-100 BiT Global takes legal action Avalanche secures major funding…
MicroStrategy, the largest corporate holder of Bitcoin, will officially join the Nasdaq-100 index effective Dec. 23. The company’s inclusion follows an eventful year that saw its stock value increase more than sixfold. The Nasdaq-100 index is up 29.4% in 2024.…
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Bitcoin
What if Amazon added Bitcoin to its balance sheet? With BTC up 125% this year, some shareholders argue it’s the perfect moment to explore the crypto market. Amazon under pressure to add Bitcoin to reserves Amazon, one of the largest…
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Bitcoin
MicroStrategy, as the leading company that acquired Bitcoin, is expected to join the Nasdaq 100 index, but analysts have given the company a notice. Bloomberg ETF analyst Eric Balchunas, in his X post on Dec. 11, stated that MicroStrategy (MSTR) would like…
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Bitcoin
Genius Group has significantly bolstered its Bitcoin treasury, acquiring 194 Bitcoin worth $18 million at an average price of $92,728 per Bitcoin. This move aligns with its “Bitcoin-first” strategy, which commits at least 90% of the company’s reserves to Bitcoin,…
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Bitcoin
MicroStrategy acquired another 21,550 Bitcoin for approximately $2.1 billion in cash between Dec. 2 and Dec. 8, executive chairman Michael Saylor said.
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Bitcoin
Despite Bitcoin’s recent surge past $100,000, investors in Russia doubt the crypto will hit the $200,000 mark anytime soon. Bitcoin’s (BTC) rise past $100,000 has sparked excitement, though Russian investors aren’t counting on it hitting $200,000 this cycle, according to…
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Bitcoin
A prominent investment expert has raised concerns about MicroStrategy’s aggressive Bitcoin accumulation strategy, even as the company’s holdings reach $40.01 billion. The warning comes as the company’s portfolio shows unrealized gains of 70.35% ($16.52 billion) on its total investment. Gavin…
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Bitcoin
MicroStrategy stock price has dropped 27% from its highest level this year, despite Bitcoin reaching a record high. MSTR shares were trading at $390 on Dec. 6, continuing a decline that began on Nov. 21, when the stock peaked at…
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Bitcoin
MicroStrategy’s aggressive Bitcoin acquisition strategy continues to draw sharp criticism from gold advocate Peter Schiff. In an X post on Monday, Schiff pointed out that MicroStrategy has already spent $11.5 billion of its $42 billion Bitcoin (BTC) investment plan in…
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Bitcoin