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The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy’s current 125,051 BTC holdings worth roughly $6 billion. Go to Source Powered by WPeMatico
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant’s CEO. Go to Source Powered by WPeMatico
In an inflationary environment, assets such as Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings. Go to Source Powered by WPeMatico
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company Microstrategy discussed … Read more
MicroStrategy currently holds a total of 125,051 BTC acquired for $3.78 billion at an average price of $30,200 per Bitcoin. Go to Source Powered by WPeMatico
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. Go to Source Powered by WPeMatico
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash flows or we find other ways to raise money, we continue … Read more
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Go to Source Powered by WPeMatico
Sven Henrich, CEO of NorthmanTrader, is the latest Bitcoin supporter after speaking with Michael Saylor. Go to Source Powered by WPeMatico
The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.” Go to Source Powered by WPeMatico
