MicroStrategy Bets Another $1B on Bitcoin
MicroStrategy turned a veritable mountain of zero-interest debt into its single-largest bitcoin allocation yet. MicroStrategy announced the purchase of another $1.026 billion in bitcoin Wednesday,…
Tag: MicroStrategy
Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal
Bitcoin’s rally could continue in the short term, analysts and traders said, after the largest cryptocurrency by market cap surged on Wednesday to a new…
Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market
Bitcoin’s two-day rally has stalled as the U.S. dollar gains ground in the wake of Joe Biden’s fiscal stimulus announcement. The U.S. President-elect proposed an emergency relief…
NASDAQ-Listed MicroStrategy Buys $175 Million More Worth Of Bitcoin
The NASDAQ-listed company providing business intelligence and mobile software MicroStrategy has added $175 million worth of Bitcoin to its portfolio. The addition comes just a…
Data Shows Whales Are Loading Up On Bitcoin, But Why?
Bitcoin price is falling and the market is already fearful of a repeat of Black Thursday. But if massive “high net worth” whales have anything to…
MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency.…