MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
MicroStrategy bought significantly less BTC in January than in previous months, according to official data.
Auto Added by WPeMatico
MicroStrategy bought significantly less BTC in January than in previous months, according to official data.
Sven Henrich, CEO of NorthmanTrader, is the latest Bitcoin supporter after speaking with Michael Saylor.
The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on…
Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation.
Bulls had a 90% higher open interest coming into Dec. 31 options expiry but bears managed to balance the scales at $47,175.
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there…
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently…
The company's holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020.
The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his…