-
MicroStrategy Plunges Post-Nasdaq 100 Inclusion: Is Its Bitcoin Investment Strategy Under Threat?
MicroStrategy’s stock has dropped over 8.5% following its inclusion in the Nasdaq 100, struggling with a significant loss amid a turbulent Market. The company recently sold $561 million in stock to buy more Bitcoin, bringing its total to 444,262 BTC. Critics are raising concerns as the latest purchase is its smallest yet and priced above…
-
Russian Companies Embrace Bitcoin for Foreign Trade, States Finance Minister in New Report on Cryptocurrency Adoption
Russia’s Finance Minister has announced that many Russian companies are now using Bitcoin for foreign trade to bypass Western sanctions. To support this, the government has recently implemented laws legalizing Bitcoin mining and other cryptocurrencies. Finance Minister Anton Siluanov noted that Bitcoin transactions are already happening and should expand next year. President Putin has also…
-
Top Cryptocurrency to Invest in Now Before a 1,500% Surge, According to Cathie Wood’s Insights
Cathie Wood, a well-known growth investor, has high hopes for Bitcoin, predicting it could reach between $1 million and $1.5 million by 2030. In a recent Bloomberg interview, she highlighted that institutional investors are starting to take Bitcoin seriously, thanks to new financial tools like spot Bitcoin ETFs. With over 94% of Bitcoin already mined,…
