MicroStrategy and KULR Technology have made headlines with significant investments in Bitcoin. MicroStrategy, which began acquiring Bitcoin in 2020 and now holds over 279,000 coins worth approximately $26.2 billion, has seen its stock rise 380% despite struggles in its software business. In contrast, KULR has shifted focus and invested 90% of its surplus cash into ...
MicroStrategy and KULR Technology are making headlines with their significant investments in Bitcoin. As of November 10, MicroStrategy holds around 279,420 Bitcoins, valued at $26.2 billion, making up a large portion of its enterprise value. Meanwhile, KULR plans to use 90% of its surplus cash for Bitcoin investments, having recently purchased 217.18 Bitcoins for $20.4 ...
In this engaging recap for 2025, the author reflects on their ongoing Bitcoin investment journey. Starting with a modest $50 purchase in 2022, they faced significant ups and downs in value, including a staggering 66% loss by January 2023. However, by the beginning of 2025, the Bitcoin Market recovered dramatically, with the author’s holdings nearly ...
As President-elect Donald Trump prepares to take office, a wave of interest in cryptocurrency, particularly Bitcoin, is anticipated across U.S. states. Supporters argue that Bitcoin is a hedge against inflation, while critics warn about its speculative nature. Public pension funds have been cautious, with few investing in cryptocurrencies due to their volatile nature and the ...
MicroStrategy, a company focused on business intelligence and cloud services, recently announced a significant move in its investment strategy. For 2024, they reported a remarkable 74.1% yield from Bitcoin (BTC) investments. In December 2024, the company sold $209 million worth of shares to acquire 2,138 bitcoins, bringing their total holdings to 446,400 bitcoins. This underscores ...
MicroStrategy, a business intelligence firm, continues to aggressively buy Bitcoin, with its latest purchase of 2,138 BTC costing $209 million. This brings their total Bitcoin holdings to 446,400 BTC. The buy, announced on December 30, occurred between December 23 and December 29 at an average price of $97,837 per Bitcoin. Despite this substantial acquisition, MicroStrategy’s ...
Bitcoin has recently surged to new all-time highs, prompting many investors to contemplate how much of their portfolios they should allocate to this cryptocurrency. BlackRock, a major asset management firm, suggests that a 2% allocation is optimal for most investors. This percentage strikes a balance, offering diversification with manageable risk while still allowing for potential ...
KULR Technology Group has made a major move into cryptocurrency by purchasing 217.18 Bitcoin for about $21 million, averaging $96,556.53 per Bitcoin. This investment is part of their new Bitcoin Treasury strategy, which aims to allocate up to 90% of their extra cash into Bitcoin. They will use the Coinbase Prime platform for secure storage ...
KULR Technology Group, Inc. has made headlines by investing $21 million in Bitcoin as part of its new treasury strategy. The company purchased 217.18 Bitcoin at an average price of $96,556.53 per BTC, following a plan to allocate up to 90% of its surplus cash to cryptocurrency. This investment marks the beginning of ongoing BTC ...
KULR Technology Group has made headlines by investing $21 million in Bitcoin, purchasing 217.18 BTC at an average price of $96,556.53 each. This move is part of their newly announced Treasury strategy, which allocates up to 90% of their surplus cash to Bitcoin. The company plans to continue purchasing Bitcoin over time. KULR has chosen ...
