The company, the largest corporate holder of the cryptocurrency, continued a string of weekly purchases that began in early November.
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on the stock market.
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.
Is it a perpetual money machine or a high-stakes gamble dependent on Bitcoin's price? Examining the risks, rewards, and sustainability.
Bitcoin hit a new all-time high, while MicroStrategy continues stacking BTC and prepares for it’s Nasdaq 100 stock listing. Ripple finally launched its stablecoin, with big plans for global payments and XRP integration.
Exchange-traded funds (ETFs), governments and MicroStrategy (MSTR) own nearly one-third of all known Bitcoin (BTC) holdings.
Bitcoin broke another price record, rising above $107,000 Monday, after crossing $106,000 in late trading Sunday. Meanwhile, MicroStrategy, which calls itself a bitcoin treasury company, announced yet another $1.
Bitcoin rose as MicroStrategy announced it plans to sell more of its shares to amass new funds and spend more on digital currency. According to a recent Bloomberg report, the world’s largest cryptocurrency was up 0.
Shares of MicroStrategy Inc. (NASDAQ:MSTR) fell more than 8.5% Monday, marking a rough debut to its nascent tenure among the Nasdaq 100. The software company and top corporate Bitcoin (CRYPTO: BTC) holder has struggled lately,
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