MicroStrategy’s Bitcoin holdings have surpassed $11 billion and its shares are likely to rise on increased institutional Bitcoin demand and the cryptocurrency’s halving, Benchmark said.
JinseFinanceTD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceMicroStrategy's Michael Saylor strategically sold shares ahead of the Bitcoin ETF launch, following a pre-existing plan. This surprising move, the first in 12 years, added $20 million to his portfolio. Concerns over stock decline and ETF impact arise as the company, known for its substantial Bitcoin holdings, faces the evolving cryptocurrency market surge.
BerniceSaylor previously stated that the move would allow him to meet his “personal obligations” and, of course, purchase more Bitcoin.
JinseFinanceCoinbase, the second largest crypto exchange, has recently launched a testnet for their newest product "Base," an Ethereum layer 2 (L2) network.
BitcoinistBitcoin has been declared 'dead' 463 times. Is the S2F price prediction model still valid?
BeincryptoMicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents to sell its aggregated class A common stock worth $500,000,000.
OthersThe Indonesian government sees the exchange as a means of protecting consumers as interest in digital currencies has risen, deputy trade minister Jerry Sambuaga said on Wednesday.
CoindeskPoor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR.
CointelegraphAccording to Thursday's reports, the recent decline in bitcoin's value has not altered the investment tactics of MicroStrategy. MicroStrategy surged ...
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