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Bitcoin, MicroStrategy
Bitcoin Rises. MicroStrategy Buys $2.1 Billion of the Crypto as Spending Spree Continues.
The price of Bitcoin was rising Tuesday, but it looks unlikely that the cryptocurrency’s recent red-hot rally will reignite soon. The world’s largest token crept up 1.7% to $97,826. It topped $100,000 for the first time last week but has see-sawed around that level since then.
MicroStrategy Buys Another $2.1 Billion Worth of Bitcoin
The company spent roughly $2.1 billion to add 21,550 bitcoins to its stash that has now grown to 423,650 BTC, and is worth close to $41.5 billion at current prices. MicroStrategy now controls over 2% of the 21 million bitcoin that will ever exist.
MicroStrategy Purchases 21,550 Bitcoin for $2.1 Billion, Expanding Holdings to 423,650 Bitcoin
MicroStrategy, led by Michael Saylor, has continued its Bitcoin acquisition strategy, purchasing 21,550 BTC for $2.1 billion between Dec. 2 and 8, 2024.
3d
'Selling $1 bills for $3': Why bond buyers and equity investors can't get enough of bitcoin-obsessed MicroStrategy
MicroStrategy has been one of the market's best stocks, crushing bitcoin and even Nvidia. Here's why investors are obsessed ...
decrypt
1d
MicroStrategy Adds Billions More in Bitcoin in Fifth-Straight Weekly Buy
Michael Saylor's software firm now has $42 billion worth of Bitcoin after adding 21,550 BTC in MicroStrategy's fifth ...
6d
Bitcoin Now Poised For A $26 Trillion MicroStrategy Game-Changer As Crypto Prices Soar
Bitcoin juggernaut MicroStrategy is poised to be added to the Nasdaq-100 Index, potentially sending huge swathes of investor ...
Coingape
9h
Bitcoin-Friendly MicroStrategy Eyes Nasdaq 100 Index Inclusion
The Nasdaq 100 Index is on track to experience a shake-up that might see MicroStrategy gain inclusion into the presitigious ...
decrypt
5h
MicroStrategy's Nasdaq Debut Could Trigger $2.1 Billion ETF Buying Spree
MicroStrategy's official announcement is expected this week, with implementation scheduled for December 23, Bloomberg ...
12d
How Does MicroStrategy Use Bitcoin To Make Money?
MicroStrategy claims to have found an infinite money glitch by using inflating dollars to accumulate scarce bitcoin. But how does it actually work?
Bitcoin Magazine
9h
MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg
Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart announced that MicroStrategy (MSTR) is expected to enter into ...
11h
Microsoft shareholders reject a proposal for the tech giant to possibly invest in bitcoin
MicroStrategy CEO Michael Saylor had pitched Microsoft's board on investing in bitcoin. Investors voted against the proposal ...
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