MicroStrategy Starts Preferred Stock Sale to Fund Bitcoin Purchases, Buys 471,107 BTC
MicroStrategy has added to its bitcoin stash for 12 consecutive weeks. MicroStrategy (MSTR), announced a preferred share offering of 2.5 million as the firm looks…
Tag: Bitcoin
Bitcoin Options Worth $7.8B Set to Expire at End of Month on Deribit
Some $6 billion of the notional value in bitcoin is currently set to expire out of the money. Some $7.8 billion worth of bitcoin (BTC)…
Bitcoin Is Like Coiled Spring Nearing Burst of Price Volatility, Key Indicator Suggests
Volatility bulls might want to pull up the 60-day price range indicator on their screens as it’s hinting at heightened BTC price turbulence. Volatility traders…
Bitcoin’s ‘Coinbase Premium’ Muted Amid Reports Trump Plans to Designate Crypto a National Policy
BTC trades at a slight discount on Coinbase relative to Binance, data from CryptoQuant show. Stars cannot align more positively for crypto in the U.S.,…
Corporate Bitcoin Adoption Forges Ahead as More Listed Firms Ride the Wave
In the last few weeks, four firms have announced bitcoin purchases, while seven companies announced a strategy, but no acquisition. Bitcoin (BTC) adoption by U.S.-listed…
Bitcoin Bull Tom Lee Sees BTC Reaching as High as $250K by Year-End
Fundstrat’s head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target. The consolidation between $90,000 and $100,000…
Morgan Stanley mulls adding crypto to E-Trade: Report
The brokerage reportedly cited expectations of a crypto-friendly regulatory environment under incoming US President Donald Trump as a key consideration. Morgan Stanley, one of the…