Articles for tag: Bitcoin investment, business intelligence, cryptocurrency strategy, Digital Assets, market performance, MicroStrategy, shareholder value

December 31, 2024

MicroStrategy’s Strategic Bitcoin Investment: Insights from Recent Equity Sale and Future Implications for Cryptocurrency Holdings

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 ...

December 31, 2024

Market News

Crypto

MicroStrategy Expands Bitcoin Holdings, Acquires 2,138 BTC in Latest Strategic Purchase

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 ...

December 28, 2024

Market News

Crypto

How Much Bitcoin Should You Hold in Your Portfolio by 2025? Insights from BlackRock’s 2% Recommendation.

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 ...

December 27, 2024

Market News

Crypto

KULR Technology Invests $21M in Bitcoin, Acquires 217 BTC at Average Price of $96.5K

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 ...

December 26, 2024

Market News

Crypto

KULR Invests $21 Million in Bitcoin to Enhance Treasury Strategy and Strengthen Financial Position

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 ...

December 26, 2024

Market News

Crypto

KULR Invests $21 Million in Bitcoin to Strengthen Treasury Strategy and Boost Financial Growth

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 ...

December 25, 2024

Market News

Crypto

Türkiye’s Crypto Regulations Enhance Trust and Optimism for Future Growth in 2025

In 2025, Turkey’s cryptocurrency regulations are making the Market more appealing to investors. With the introduction of a new legal framework this year, confidence in digital currencies is growing. Bitcoin’s value has surged significantly, nearly hitting $106,000, despite some price fluctuations. Turkeys’ Parliament passed a pivotal regulation in June, requiring crypto service providers to obtain ...

December 23, 2024

Market News

Crypto

MicroStrategy Soars 477% in 2024: The Top Tech Stock Driving Market Gains

Michael Saylor, CEO of MicroStrategy, has made headlines again after advocating for Microsoft to invest in Bitcoin. During a December 2024 presentation, he highlighted Bitcoin as a crucial technological wave, countering skepticism with his company’s significant success since they began acquiring the cryptocurrency. MicroStrategy currently holds a massive Bitcoin portfolio worth around $42 billion, leading ...

December 16, 2024

Market News

Crypto

MicroStrategy Expands Bitcoin Holdings to 439K BTC with $1.5B Purchase of 15.3K Bitcoin

MicroStrategy has recently expanded its Bitcoin reserves by purchasing 15,350 BTC for approximately $1.5 billion, bringing its total holdings to 439,000 BTC worth around $45.6 billion. This latest acquisition, made between December 9 and 15 at an average price of about $100,386 per BTC, underlines the company’s commitment to Bitcoin investment. Founder Michael Saylor noted ...

December 16, 2024

Market News

Crypto

Gold Set for Decade’s Best Year as Bitcoin Rises: Analysts Predict 2025’s Golden Era for Precious Metals and BTC Boosts

Analysts foresee a strong 2025 for gold, following its best yearly performance in over a decade in 2024. The World Gold Council suggests that gold may remain stable unless interest rates drop or geopolitical tensions escalate. Meanwhile, Michael Saylor, co-founder of MicroStrategy, argues for a shift away from gold to Bitcoin as the U.S. reserve ...