Auto Added by WPeMatico
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 Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ: MSTR), with over $5 billion in market cap, has bought 314 more bitcoins. CEO Michael Saylor announced Friday: […]Powered by WPeMatico
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 the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting to bitcoin in order to avoid incurring […]
The post Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’ appeared first on Bitcoin News.
Powered by WPeMatico
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 its initial haul of 38,250 coins grow to over $1.3 billion from the $425 million spent. Market Capitalization By Almost 200% The growth in value of […]
The post Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later appeared first on Bitcoin News.
Powered by WPeMatico
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 from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces per coin. The new milestone comes as the […]
The post BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces per Bitcoin appeared first on Bitcoin News.
Powered by WPeMatico
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 in bitcoin. Nextech’s chief executive officer Evan Gappelberg says the firm may add more in 2021. Bitcoin (BTC) is becoming a treasury reserve mainstay for a […]
The post Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC appeared first on Bitcoin News.
Powered by WPeMatico
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 billion this weekend gaining over 6.8% during the last 24 hours. The overall cryptocurrency market capitalization of all the crypto assets in existence today is roughly […]
The post Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators appeared first on Bitcoin News.
Powered by WPeMatico
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 and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on the company’s product development related investments in bitcoin during the […]
The post Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year appeared first on Bitcoin News.
Powered by WPeMatico
Michael Saylor took to Twitter on Sunday, offering Bitcoin advice to the SpaceX founder ‘from one rocket scientist to another.’
Powered by WPeMatico
The biggest names and strongest voices cheering on crypto throughout 2020.
Powered by WPeMatico
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours. […]
The post Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’ appeared first on Bitcoin News.
Powered by WPeMatico