Thursday, May 2, 2024
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MicroStrategy’s (MSTR) Bitcoin (BTC) Billions Have Rebounded Since Michael Saylor Exited CEO Job a Year Ago

Saylor had begun purchasing bitcoin for MicroStrategy’s balance sheet in August 2020, fueling its stock rally alongside bitcoin in 2020 and 2021. Taking a wider view, Saylor this week pointed out that MicroStrategy’s share price is up 254% since he first began making bitcoin purchases, well ahead of the Nasdaq’s

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Bitcoin hodlers exited ‘capitulation’ above $20K, new metric hints

Bitcoin (BTC) is in a “transition," which should pave the way to the next bull market top, new research has concluded.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode unveiled its latest tool for tracking Bitcoin’s resurgence.Bitcoin hodlers in "transition"After the 2022 bear market and

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