MicroStrategy Hasn't Bought Any Bitcoins This Month
The company paid about $25 million in cash at an average price of $37,865 per bitcoin, it said in a statement. Source
Read MoreThe company paid about $25 million in cash at an average price of $37,865 per bitcoin, it said in a statement. Source
Read MoreU.S. Senator Ted Cruz has declared his bitcoin purchase worth up to $50,000. “I’m also particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world,” said the senator. Senator Ted Cruz Declares Bitcoin Purchase U.S. Senator
Read MoreAmazon Marketplace owners who sell their business to Elevate Brands will now have the option of being paid in crypto.Elevate Brands, which holds a portfolio of Amazon-focused consumer products companies, is teaming up with Coinbase Prime to offer the option.“We’ve learned that [Fulfillment by Amazon] sellers are already well entrenched
Read MoreThis episode is sponsored by Nexo, Abra and FTX US.Download this episodeOn today’s episode of “The Breakdown,” NLW covers the latest news from macro and the crypto space, including:Value investing legend Bill Miller holds 50% of his net worth in bitcoinParadigm invests in Citadel Securities’ first outside round$207 million in digital asset fund outflows
Read MoreWhy do crypto traders “buy the rumor, sell the news”?Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are
Read MoreMicroStrategy (Nasdaq: MSTR), the business-intelligence software company that’s taken to accumulating bitcoin, said it bought 1,434 bitcoins between Nov. 29 and Dec. 8.The company paid about $82.4 million in cash at an average price of $57,477 per bitcoin, it said in a statement.As of Dec. 8, the company held approximately
Read MoreMicroStrategy said it bought 7,002 bitcoins for about $414 million in cash during its fiscal fourth quarter.The company bought bitcoins during the quarter for an average price of about $59,000, it said in a statement.The largest crypto currency by market capitalization was trading around $57,326 on Monday.MicroStrategy now holds 121,044
Read MoreLast week, a crypto collective called ConstitutionDAO raised over $40 million in ether (ETH to buy an original copy of the U.S. constitution at auction; it failed, outbid by the hedge fund billionaire Ken Griffin.But the idea of raising $40 million in a week on the strength of a meme
Read MoreInstitutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin (BTC) and Ether (ETH) continued to grow, according to data from CoinShares. Crypto investment products, which include exchange-traded funds (ETFs), saw weekly inflows totaling $154 million for the week ending Nov. 20,
Read MoreWe’ve argued many times in the past that the correlation between Bitcoin’s price and the market capitalization of hundreds of altcoins makes very little sense.Whether you buy into the idea that Bitcoin is digital gold, or a payment mechanism, or both, it doesn’t have a whole lot in common with
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