Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans...
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury.
Microstrategy’s Bitcoin Holdings...
Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the...
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of...
Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later
The continuing bitcoin price rally has seen the value of Microstrategy’s total holdings of the digital asset go up by 100%. Specifically, the company has seen the value of...
BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces...
Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data...
Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC
On the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million...
Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators
The price of bitcoin jumped well over the $25k handle touching a high of $25,890 on Saturday morning (EST). The crypto asset has an overall market valuation of $476...
Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year
On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president...
Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases
Citigroup has downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sell” rating after the company announced that it would offer $400 million convertible senior notes to buy more bitcoin. Microstrategy...
Renowned Finance Youtuber Andrei Jikh Invests Over $100K Into Cryptocurrencies
The popular Youtuber Andrei Jikh published a video this week to his 978,000 Youtube subscribers explaining that he invested over $100,000 into crypto assets. Jikh details why he spent...
