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
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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
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset. Go to Source
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF. Go to Source
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
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy. Go to Source
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
The ETF could offer more leveraged exposure to Bitcoin, especially for institutional investors looking to diversify their holdings. Go to Source
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
The valuation assumes continued aggressive Bitcoin buying by Microstrategy. Go to Source
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its … Read more