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MicroStrategy Buys More Bitcoin for 7th Consecutive Week
MicroStrategy continues its bitcoin buying spree for the 7th straight week as the crypto dips below $100,000
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
MicroStrategy adds to bitcoin holdings for seventh straight week
MicroStrategy (NASDAQ:MSTR) acquired 5,262 bitcoin (BTC-USD) for a total of $561M for the week ended Dec. 22, the company disclosed on Monday, marking its seventh consecutive weekly bitcoin purchase.
MicroStrategy Buys More Bitcoin for Seventh Consecutive Week
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
Bitcoin, MicroStrategy and Share Gamble
Bitcoin rises after MicroStrategy announces plan to sell more shares
Bitcoin rose as MicroStrategy announced it plans to sell more of its shares to amass new funds and spend more on digital currency.
Bitcoin Gains on MicroStrategy’s Plans to Issue More Shares
Bitcoin rose on Thursday after the digital asset’s stockpiler MicroStrategy announced a plan to issue more shares, a move that would allow it to buy even more tokens.
MicroStrategy’s Bitcoin Bet: Saylor’s Risky 10 Billion Share Gamble
Discover how Michael Saylor's MicroStrategy is betting big with a 10 billion share increase to invest in Bitcoin. Dive into the risks and stakes.
Cryptopolitan on MSN
38m
Stocks and crypto see gains. Has the Santa Rally begun?
The Santa Rally could have already started, and this year, it’s packing a punch. Every trader worth their salt knows about ...
cryptonews
1h
Bitcoin Price Holds Steady Near $98,000 as Russia Embraces BTC for Trade and MicroStrategy Expands Holdings
Bitcoin stabilizes near $98,000 amid Russia's adoption of BTC for trade and MicroStrategy's continued Bitcoin accumulation, ...
2d
on MSN
MicroStrategy shares slump on first day in the Nasdaq 100 index: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
2d
MicroStrategy rides ‘red sweep' to 477% gain in 2024, topping almost all U.S. stocks
Of the 439,000 bitcoin that MicroStrategy owns, more than one-third have been purchased since Trump’s election victory last ...
2d
on MSN
MicroStrategy’s Long-Shot S&P 500 Bid Stokes Wall Street Agita
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc.
6d
on MSN
Bitcoin Reaches New High As MicroStrategy Prepares To Join Nasdaq 100 (And More!)
Bitcoin hit a new all-time high, while MicroStrategy continues stacking BTC and prepares for it’s Nasdaq 100 stock listing.
3d
on MSN
Scaramucci Defends MicroStrategy's Bitcoin Strategy, Predicts Long-Term Crypto Growth
Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., ...
13d
on MSN
MicroStrategy shares could surge even higher if added to Nasdaq 100 on Friday, crypto analyst says
MicroStrategy’s inclusion on the Nasdaq 100 index largely depends on whether it is classified as a software developer or a ...
The Daily Hodl
1d
31% of All Bitcoin Holdings Now Belong to ETFs, Governments and Microstrategy (MSTR): CryptoQuant CEO
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
7d
on MSN
Michael Saylor's MicroStrategy arbitrage deals suggest underlying market risks
Prime brokerage desks are preparing for credit shocks as leveraged trading expands within cryptocurrency financial networks.
2d
on MSN
MicroStrategy paid well over $100,000 per coin in its latest bitcoin purchases
MicroStrategy’s stock falls after the sale of $561 million worth of shares was used to buy bitcoin at more than $106,000 each ...
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