Cryptocurrency Analysis and News Portal
MicroStrategy has revealed via its Q2 2021 Financial Results report released on July 29, 2021, that it plans to keep investing in its digital asset strategy even as its bitcoin (BTC) holdings are now well above 105,000. BTC. A Sterling Performance Even with the current uncertainties in the cryptocurrency markets, MicroStrategy, the
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As noted by Michael Saylor, the total BTC holdings by the firm were acquired for approximately $2.251 billion, at an average price of $24,450.American business intelligence and software developer, MicroStrategy Incorporated (NASDAQ: MSTR) has made an additional purchase of 229 units of Bitcoin (BTC) for a sum of $10 million.
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When it comes to bitcoin, MicroStrategy is looking for more. This comes after buying over 20,000 BTC in the first quarter of the year, at an average cost of roughly $52K (for a total cost exceeding $1B). Now, the business intelligence firm led by Bitcoin advocate Michael Saylor is adding
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MicroStrategy has bought 271 Bitcoin for $15 MillionEach Bitcoin was bought at an average price of $55,387MicroStrategy now holds 91,850 Bitcoin purchased at a total of $2.241Billion and at an average entry price of $24,403The Bitcoin is now twice the initial investment at $4.592 BillionBitcoin is currently attempting to reclaim
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MicroStrategy has released its Q1 financial reportMicroStrategy has 91,579 Bitcoin on its balance sheet at an average entry of $24,311The report goes on to explain that MicroStrategy may increase or reduce its BTC holdings in the futureThis statement comes after Tesla sold some of its Bitcoin for $272 millionMicroStrategy has
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Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month.On April 26, Binance announced it will launch tokenized stock pairings for leading business intelligence firm, Microstrategy
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Being ultra bullish on Bitcoin (BTC) Michael Saylor sees a $100 trillion market cap for the crypto asset class. He thinks that BTC will easily outclass the performance of the Big Tech companies in the future.Bitcoin (BTC), the world’s largest cryptocurrency has already surged more than 85% year-to-date and is
Read MoreMichael Saylor’s advocacy for BTC has received much recognition today and his commitment to Bitcoin entails a long-term HODLing strategy.Michael Saylor, the Chief Executive Officer (CEO) of business intelligence and software firm MicroStrategy Incorporated (NASDAQ: MSTR) has shared a number of bullish comments about Bitcoin (BTC), the world’s first and
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The cryptocurrency exposure basket will have MicroStrategy (20%), Square (18%), Riot Blockchain (15%), NVIDIA (15%), PayPal Holdings (10%), etc.A debt instrument is set to be released by JPMorgan Chase & Co (NYSE: JPM) in a bid to ensure that investors get access to a crypto exposure basket featuring several cryptocurrency-related
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In summary:Microstrategy has purchased 205 additional Bitcoin for $100 million bought at $48,888 eachThe company now holds 91,064 Bitcoin at an average entry of $24,119The $47k Bitcoin price area is a level of macro support that has seen the movement of 500k BTCIf Bitcoin fails to hold $47k, chances are
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