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Michael Saylor says MicroStrategy’s Bitcoin Strategy Factors in Volatility and its Balance Sheet is Structured to Keep Hodling BTC

Key takeaways: Michael Saylor has explained that MicroStrategy’s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy’s balance sheet is structured so that the company can continue to hold BTC through adversity. Mr. Saylor’s comments come in the wake of Bitcoin slipping below the magic $21k price level that has

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Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses

Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase sees conspicuous outflowsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged near $30,000, still down 6% versus its prior highs.After underperforming versus

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Cybersecurity firm supports Bitcoin ‘mission,’ converts balance sheet to BTC

Another business jumps aboard the Bitcoin bandwagon. Octagon Networks, a global cybersecurity network company with over 20 employees announced on June 6 that it had “finished the process of converting its liquid assets and entire balance sheet into Bitcoin (BTC).” The group will also “start accepting Bitcoin payments for all of

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Solana Falls by 12% After Network Outage, Bitcoin Falls as Feds Reduce Balance Sheet, Ethereum Tops NFT Sales With $27 Billion Sales.

Solana's decline after announcing its network outage Solana, after being plunged with network issues, nosedived by 12%. The network, which was once hailed as one of the fastest blockchains and a challenger to Ethereum, was down on June 1 due to network challenges. This is the second time in the month's space that

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Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet – Finance Bitcoin News

Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now

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New York digital media company the latest to add Bitcoin to balance sheet

Townsquare Media, a New York based digital marketing and radio station company is the latest business to back the original cryptocurrency with its addition of $5 million worth of Bitcoin (BTC) to its balance sheet.A filing with the Securities and Exchange Commission (SEC) disclosing Townsquare’s purchase of Bitcoin was first

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Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust

Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls' latest advance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sheds $3,000 on U.S. stocks plungeData from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000 Friday after volatility during the latest Wall Street

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