MicroStrategy is preparing for an important meeting where shareholders will vote on significant proposals, including increasing the number of authorized shares to support its Bitcoin buying strategy. The company currently holds around 450,000 BTC, valued at approximately $48.5 billion, after investing about $28 billion in these assets. The proposed stock increase aims to facilitate raising ...
Bitcoin rebounded on Tuesday, rising 4% to $96,676.94, following a light inflation report that prompted traders to reassess their positions. Earlier in the week, the cryptocurrency had dipped below the $90,000 mark. The broader crypto Market, represented by the CoinDesk 20 index, also saw a 3.9% increase. Positive movements were observed in stocks related to ...
MicroStrategy, led by Michael Saylor, continues its aggressive Bitcoin buying strategy, acquiring 2,530 BTC for the tenth consecutive week, raising its total to 450,000 BTC. These Bitcoins were purchased for $243 million at an average price of $95,972 each, slightly above their previous average of $62,691, as reported by Cointelegraph. Despite this strong acquisition trend, ...
MicroStrategy Inc., led by co-founder Michael Saylor, has made headlines by purchasing an impressive $243 million worth of Bitcoin, marking its 10th consecutive weekly buy. The Virginia-based firm now holds over 2% of all Bitcoin ever created, valued at around $41 billion. Between January 6 and January 12, MicroStrategy acquired 2,530 Bitcoin at an average ...
Recent insights from Arkham reveal that BlackRock has amassed a significant $50 billion in Bitcoin in 2024. Notably, MicroStrategy, led by Bitcoin advocate Michael Saylor, invested $24 billion, while Fidelity acquired $20 billion worth of the digital currency. In addition to Bitcoin, BlackRock holds $3.6 billion in Ethereum and $68.5 million in USDC. However, contrary ...
BlackRock, the asset management giant, has made headlines by amassing a substantial $50 billion in Bitcoin in 2024, according to Arkham’s latest insights. Alongside this, software company MicroStrategy, led by Bitcoin advocate Michael Saylor, acquired $24 billion in Bitcoin last year, while Fidelity invested $20 billion. BlackRock’s portfolio also includes $3.6 billion in Ethereum and ...
Michael Saylor, co-founder of MicroStrategy, has been tracking Bitcoin for 10 weeks in a row, suggesting a potential purchase soon. MicroStrategy currently holds 447,470 BTC, worth about $42.4 billion, after buying 1,070 BTC recently. However, the company’s stock, MSTR, has dropped around 40% from its peak last November, mirroring the broader struggles in the crypto ...
Bitcoin has seen impressive growth, rising 120% in 2024, making it a standout among major asset classes. This follows a remarkable 157% increase in 2023, outpacing the S&P 500 and Nasdaq. As we look ahead to 2025, Bitcoin continues to attract attention with substantial investments in ETFs and support from pro-Bitcoin politicians like Donald Trump. ...
Michael Saylor, the CEO of MicroStrategy and a prominent Bitcoin supporter, recently shared an intriguing post featuring an AI-generated image of himself holding Bitcoin. He stated, “Everyone is going to want your Bitcoin.” This announcement coincides with the 16th anniversary of Satoshi Nakamoto’s Bitcoin supply cap of 21 million coins. Currently, about 19.8 million Bitcoins ...
Michael Saylor, the CEO of MicroStrategy and a prominent Bitcoin supporter, shared a new post on X today, showcasing an AI-generated image of himself holding Bitcoin. He boldly stated, “Everyone is going to want your Bitcoin.” This post coincides with a notable event, marking 16 years since Satoshi Nakamoto declared Bitcoin would have a capped ...
