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MicroStrategy’s Latest $1.1 Billion Bitcoin Purchase Is Largest Since 2021
MicroStrategy Inc. purchased 18,300 Bitcoin for around $1.11 billion, the largest acquisition of the digital asset by the crypto hedge-fund proxy in more than three years.
Michael Saylor's MicroStrategy Purchased 18.3K More Bitcoins for $1.1B
Formerly a business software firm but now calling itself a bitcoin development company, MicroStrategy (MSTR) has added 18,300 bitcoins {{BTC}} to
MicroStrategy converts $1.1B in shares to Bitcoin, boosting holdings to 244,800 BTC
Micro Strategy, the popular business intelligence company, invested over $1.1 billion in shares in Bitcoin purchases in just five weeks.
MicroStrategy's Bitcoin Bet Grows: Acquires 18,300 BTC Worth $1.11 Billion
MicroStrategy announced the purchase of 18,300 Bitcoins totaling $1.11 billion, elevating its net Bitcoin holdings to 244,800 BTC worth $9.45 billion. This marks one of the companys largest Bitcoin investments,
EconoTimes
2h
Bitcoin ETFs Record $400 Million Inflows, Pushing BTC to $60K Amid Rising Institutional Interest
Bitcoin ETFs experienced a resurgence this week with $400 million in net inflows, signaling renewed institutional interest.
3h
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
Caroline Ellison's lawyers say she "poses no threat to public safety" and Bitcoin ETFs attractive to hackers due to the ...
Inside Bitcoins
17h
Bitcoin Price Soars 4% After MicroStrategy Buys $1.1 Billion BTC, And This PEPE 2.0 Blasts Past $13 Million In Presale
The Bitcoin price soared 4% in the last 24 hours to trade at $60,628 as of 08:23 p.m. EST even as trading volume tumbled 1% ...
Cryptopolitan on MSN
2h
Miners ditch Bitcoin for AI as energy costs surge
Bitcoin miners are bailing on the crypto grind, switching gears to artificial intelligence (AI) as rising energy costs make ...
1d
on MSN
Bitcoin nears $60,000 as consumer sentiment hits four-month high: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
EconoTimes
5h
Bitcoin Market Depth Hits Rock Bottom—Is a Bull Run About to Explode?
Bitcoins market depth reached new lows this weekend, signaling a possible price bottom. Analysts are eyeing this as a signal ...
14h
Bitcoin network hits record level of power, but falling profits push miners to AI
On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash rate hit an all-time high. Hash ...
The Daily Hodl
10h
Bitcoin Could Skyrocket by Up to 890% This Cycle, Says Analyst Michaël van de Poppe – Here Are His Targets
Crypto trader Michaël van de Poppe tells his 724,700 followers on the social media platform X that Bitcoin could increase by ...
1d
‘Shock And Awe’—China Could Be About To Trigger A $1.4 Trillion Bitcoin And Crypto Price Earthquake
Economists are calling for China to unleash $1.4 trillion worth of "shock and awe" stimulus that could kick start the economy ...
Coingape
1h
BlackRock And Bitcoin ETFs Saved BTC Price, Bloomberg Analyst Claims
Bloomberg analyst Eric Balchunas claimed that BlackRock and the Bitcoin ETFs saved the BTC price from massive decline several ...
The Daily Hodl
17h
Crypto Trader Issues Bitcoin Alert, Says BTC Could Crash by up to 47% From Current Level – Here’s Why
Analyst and trader Ali Martinez is leaning bearish on Bitcoin (BTC) as the flagship crypto asset sits around 20% below the ...
1d
How The Fed Rate Cut Could Make Bitcoin Volatile
The bitcoin market is bracing for a volatile month as the U.S. Federal Reserve’s anticipated interest rate cut looms large.
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