Crypto Biz: MicroStrategy’s Bitcoin bet swells
This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway. Go to Source
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AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy
Genius Group has recently reshuffled its board with crypto and Web3 execs and is now targeting to hold $120 million in Bitcoin. Go to Source
DeFi Technologies launches SolFi as “Microstrategy for Solana”
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said. Go to Source
Microstrategy Buys 27,200 BTC for $2.03B, Expanding Holdings to 279,420 Bitcoin
Microstrategy made a bold $2.03 billion move, adding 27,200 BTC to its holdings to cement its bitcoin dominance, part of an ambitious $42 billion digital asset growth plan. A Billion-Dollar Vision Unfolds as Microstrategy Acquires 27,200 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin, announced on Monday that it … Read more
MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B
MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion. Go to Source
MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027. Go to Source
Peter Schiff’s Grim Forecast: Microstrategy’s Bitcoin Gamble Nears Dangerous Limits
Peter Schiff warns that Microstrategy’s $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity Trap Looms? Schiff’s Ominous Message for Microstrategy’s Bold Plan Economist and gold advocate Peter Schiff has called out Microstrategy executive chairman Michael Saylor’s latest bitcoin … Read more
Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases
Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy’s $42 Billion Vision for Unmatched Bitcoin Reserves Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced its Q3 2024 results on Wednesday, detailing a $42 billion capital-raising initiative … Read more
MicroStrategy’s $42B Bitcoin bet is bullish for shareholders: Analyst
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans. Go to Source
Saylor’s Bitcoin custody debacle highlights growing divide in crypto community
As institutional interest in Bitcoin soars, the crypto community grapples with fundamental questions about custody and control. Go to Source
