MicroStrategy’s core software business has been falling for years, but its enormous Bitcoin holding has surged in value in recent months.
MicroStrategy plans to leverage its capital structure for Bitcoin investments, sparking concerns about sustainability amidst surging stock prices.
Just in: Bitcoin-Gold Ratio Hits New All-Time High! On Dec. 16, 1 $BTC equaled 40 ounces of gold as Bitcoin soared past $106K, with gold trading at ~$2,650. A milestone showcasing Bitcoin’s growing dominance as a store of value. 🚀 #Bitcoin #Gold #Crypto pic.twitter.com/5kV2495JJh
MicroStrategy (MSTR), the software company founded by Michael Saylor, is not the only large-scale corporate buyer of bitcoin (BTC), JPMorgan (JPM) said in a Wednesday report. Crypto miners are also adopting the accumulation strategy. "This likely prompted ...
Bitcoin ETFs make it much easier for funds to invest. They bring liquidity, security, and a legitimacy that can only come from the Securities and Exchange Commission (SEC). Since their introduction, more and more managers are directing a portion of their funds toward the cryptocurrency.
Crypto was once a fringe sideshow for the investing public, a concern for DC policymakers and a subject of ridicule for top Wall Street figures. That changed in 2024.
Stock futures were lower Thursday as traders came back after markets were closed on Christmas Day. Futures tied to the Dow Jones Industrial Average fell 150 points. Meanwhile, S&P 500 futures slid 0.3% and Nasdaq 100 futures dropped 0.3%. Follow live market updates.
Bitcoin BTC -2.42% has been on a powerful upward trajectory since the US 2024 election, reaching its apex when it powered through the much-anticipated $100,0000 mark on December 4th. However, it didn’t stop there, and its new all-time high now stands at ...
During his first term, former President Trump was openly skeptical of cryptocurrency, but went “all-in” on crypto during the campaign, dubbing himself the “Crypto President” and his sons launching World Liberty Financial,
President Donald Trump has officially announced the lineup for his newly minted Presidential Council of Advisers for Digital Assets, also known as the ‘Crypto
Hims & Hers (HIMS), and MicroStrategy Inc. (MSTR) posted significant declines on Thursday, dropping by 20 percent, 8 percent, and 6.6 percent, respectively, and here is why: On Thursday, Lamb Weston’s shares dropped by as much as 23.
MicroStrategy founder Michael Saylor made headlines in June 1998 when his stock surged over 70% on its debut, benefiting from the dot-com boom. In024, Saylor was back in the spotlight, urging Microsoft to invest over $70 billion cash reserve into Bitcoin,