Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC
Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment. Go to Source
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US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020. Go to Source
Japanese Bitcoin investor Metaplanet works with Ripple’s partner SBI
SBI Group’s fully-owned crypto exchange, SBI VC Trade, will assist Metaplanet in its Bitcoin strategy by providing various support in trading, storage and operation. Go to Source
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset. Go to Source
Bitcoin bulls should steer clear of new leveraged MicroStrategy ETF
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF. Go to Source
Microstrategy’s Bitcoin Holdings Catch Up to Theoretical Ether Profits Without Staking
After Michael Saylor, Microstrategy’s executive chairman, disclosed that the company now holds 226,500 BTC valued at $13.4 billion, it turns out the firm’s bitcoin (BTC) holdings have gained 61% profit. Interestingly, while blockchaincenter.net’s ‘There Is No Second Best’ index once hinted that investing in ethereum might have been a wiser choice for Microstrategy, the gap … Read more
World’s 3rd largest public pension fund buys $34M MicroStrategy shares
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy. Go to Source
Newly Launched ETF Supercharges Microstrategy Bets: 1.75x Risk or Reward
Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s volatile performance. Defiance ETFs Launches Leveraged Microstrategy ETF in the U.S. The newly launched MSTX ETF provides 175% long daily targeted exposure to Microstrategy, a … Read more
First leveraged MicroStrategy ETF launches in the US
The ETF could offer more leveraged exposure to Bitcoin, especially for institutional investors looking to diversify their holdings. Go to Source
Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to buy more. Saylor views bitcoin as an ideal investment for individuals, families, corporations, and countries. Meanwhile, Microstrategy … Read more
