MicroStrategy adds to Bitcoin stake despite steep loss
The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397.
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The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397.
Homeowners don’t check the price of their homes while drunk at a party, so why check the price of Bitcoin in that way, Michael Saylor joked.
Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023.
The prominent bitcoin bull – Michael Saylor – opined that the FTX crisis will have certain benefits on bitcoin. In his view, the turbulence will eliminate thousands of useless digital…
Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy with BTC price slipping below its June lows again.
One of the leading crypto miners – Marathon Digital Holdings – recorded a net loss of $75.4 million, or $0.65 per share, during the third quarter of the year due…
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.
The largest BTC corporate holder – MicroStrategy – posted a minimal impairment charge of $727,000 on its bitcoin ownings in Q3, 2022 due to the relatively stable price of the…
MicroStrategy reported a $727,000 impairment charge this quarter following losses on its Bitcoin holdings. MicroStrategy Faces Minimal Losses MicroStrategy saw only slight Bitcoin losses this quarter. According to a Tuesday...
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months…