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Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings

On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has…

Continue ReadingMicrostrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings

Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say

Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at…

Continue ReadingMicrostrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say

Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center

Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the…

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Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs

Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase…

Continue ReadingCoinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs