MicroStrategy’s co-founder Michael Saylor has announced plans to buy more Bitcoin on January 27, following a recent purchase of 11,000 BTC at around $101,191 per coin. This brings MicroStrategy’s total Bitcoin holdings to 461,000 BTC, valued at about $48.4 billion, surpassing U.S. government holdings. This announcement comes as President Trump signed an executive order to ...
MicroStrategy’s co-founder Michael Saylor has announced plans for a new Bitcoin purchase, following their recent acquisition of 11,000 BTC at an average price of $101,191, raising their total holdings to 461,000 BTC, worth about $48.4 billion. This surpasses the U.S. government’s Bitcoin reserves. Meanwhile, President Trump’s recent executive order focuses on establishing a digital asset ...
MicroStrategy, led by CEO Michael Saylor, may face hefty tax liabilities related to its $19.3 billion in unrealized Bitcoin gains. The company holds over 450,000 BTC, worth more than $48 billion, including a recent $243 million purchase of Bitcoin at lower prices. Due to the 2022 Inflation Reduction Act, MicroStrategy could be subject to a ...
Bitcoin surged to $105,683.70 on Wednesday after a positive overnight bounce influenced by recent regulatory news from the SEC. This marks a 4.3% increase as the SEC announced a task force to create crypto regulations. Investors are optimistic as President Donald Trump, a pro-crypto advocate, aims to reduce regulations against major firms like Coinbase and ...
Rumble Inc., a video-sharing platform, has made headlines by purchasing its first Bitcoin as part of a broader strategy to invest $20 million into the cryptocurrency. The company’s CEO noted that this won’t be the last Bitcoin acquisition. With Bitcoin’s price recently hitting a record high of over $109,000, Rumble’s move aligns with similar initiatives ...
Critical Metal Corps, a major American mining company, has announced an innovative Bitcoin treasury strategy. The board approved plans to allocate excess reserves, starting with a $100 million investment in Bitcoin from a $500 million capital pool obtained through convertible note financing. This move marks a significant step for the firm, positioning it as a ...
The cryptocurrency Market is rapidly expanding, with projections indicating a growth of $39.74 billion from 2024 to 2029, driven by increasing retail acceptance and digital asset investments. The global cryptocurrency mining sector is also on the rise, expected to grow from $2.45 billion in 2024 to over $8.24 billion by 2034, fueled by Bitcoin’s decentralized ...
The cryptocurrency Market is rapidly expanding, with projections indicating a growth of nearly $40 billion between 2024 and 2029. As more retailers accept digital currencies and investments in crypto assets rise, the industry is set to flourish. Notably, the global cryptocurrency mining Market is expected to grow from $2.45 billion in 2024 to over $8 ...
MicroStrategy has made headlines by acquiring an additional 11,000 Bitcoin for $1.1 billion, bringing its total holdings to a staggering 461,000 BTC, now worth around $48 billion. This recent purchase was funded through the sale of its own stock, and the company has reported investing approximately $29 billion in total at an average price of ...
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 ...
