Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Go to Source
Microsoft
Auto Added by WPeMatico
AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices
Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours. Go to Source
Experts: Microsoft’s Bitcoin Consideration Reflects Growing Corporate Acceptance
Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate … Read more
Blackrock to Vote on Microsoft’s Bitcoin Move — BTC Treasury Strategy in Focus
Blackrock’s significant stake in Microsoft could sway the tech giant’s potential decision on adding bitcoin to its corporate reserves, signaling a shift in mainstream crypto adoption. Blackrock’s Stake Fuels Speculation Over Microsoft’s Bitcoin Future Speculation emerged last week around Microsoft’s upcoming Dec. 10 shareholder meeting, following a U.S. Securities and Exchange Commission (SEC) filing that … Read more
What happens to Bitcoin price if Microsoft shareholders vote to buy BTC?
Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC. Go to Source
Microsoft’s Surprising Stance on Bitcoin as a Treasury Asset – Why They’re Saying No
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center … Read more
Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7
Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s … Read more
Kenya Launches Digital and AI Skills Center
Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with Kenya’s National Digital Master Plan and focuses on topics … Read more
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims … Read more
Three-Mile Island nuclear site reopening to power AI
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate. Go to Source