Michael Saylor assuages investors after market slumps hurts $MSTR, $BTC
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans. Go to Source Powered by WPeMatico
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Crypto Biz: The real reason crypto hodlers should care about the Federal Reserve, April 28-May 4, 2022
On May 4, the FOMC voted to raise interest rates by 50 basis points. Here’s why Bitcoin investors need to care about central bank policy. Go to Source Powered by WPeMatico
BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate. Go to Source Powered by WPeMatico
MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion. Go to Source Powered by WPeMatico
Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly … Read more
Blockchain.com names custody partner for its institutional offering
Recently launched BCAM will provide an institutional-grade custody and settlement platform for digital assets. Go to Source Powered by WPeMatico
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last 24 hours. LFG Buys the … Read more
Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday: Macrostrategy has purchased an additional 4,167 bitcoins for … Read more
MicroStrategy subsidiary adds another 4,197 BTC to balance sheet
The business intelligence firm now owns a total of 129,218 BTC. Go to Source Powered by WPeMatico
Bitcoin retests key level that sparked 66% BTC price gains in 2021
MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average. Go to Source Powered by WPeMatico