The MicroStrategy CEO is buying as much of the cryptocurrency as he can. Some big-name investors are going along for the ride.
Bitwise Chief Investment Officer Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc. (NASDAQ:MSTR) would be inaccurate, as companies buying the apex cryptocurrency is now a “bona fide megatrend.
Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
MicroStrategy, the largest corporate holder of Bitcoin, revealed a fresh acquisition of 1,070 BTC made during the final two days of 2024. The announcement, made on January 6, highlighted that the company spent approximately $101 million on December 30 and 31,
Crypto hedge fund Wintermute predicts a potential Dogecoin DOGE/USD ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States.
MicroStrategy expands its fundraising strategy with a $2B perpetual preferred stock offering while continuing aggressive bitcoin acquisitions
MicroStrategy Inc. is considering perpetual preferred stock to fund its Bitcoin strategy, aiming to offer 1.5x returns and volatility. Trump admin may support crypto industry and repeal SEC rule.
Altcoins have had a strong run in recent months, but JPMorgan expects bitcoin to be the main attraction in crypto in 2025.
MicroStrategy has further solidified its position as a leading corporate Bitcoin holder by purchasing another 2,530 BTC.
MicroStrategy Inc. bought $243 million of Bitcoin, the 10th consecutive weekly purchase by the enterprise software company turned leveraged Bitcoin proxy.
Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, cast aspersions on MicroStrategy Inc.’s (NASDAQ:MSTR) debt-powered Bitcoin (CRYPTO: BTC) buying strategy,
Key Takeaways The price of Bitcoin climbed above $104,000, sending stocks linked to the popular cryptocurrency higher.Crypto exchanges, Bitcoin miners and companies that hold the cryptocurrency as an asset are among the beneficiaries.