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After Buying Over $1 Billion In BTC, MicroStrategy to Host an Educational Bitcoin Conference

January 14, 2021 , , , , , , , , , Eddy 0

The NASDAQ-listed business intelligence giant MicroStrategy will host an online conference to educate large organizations about the potential merits of investing in bitcoin. Called “Bitcoin for Corporations,” the initiative has also received support from other industry giants such as Gemini, Binance, Coinbase, Fidelity, Grayscale, and more. Bitcoin For Corporation Coming In February The company’s founder […]

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Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

January 8, 2021 , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation of around $778 billion today. Cryptocurrencies across the world have seen […]

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Bitcoin (BTC) Hits New All-Time High Above $35,500, SkyBridge Founder Says “Buy and Hold”

January 6, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin (BTC) continues to make a bold move northwards hitting a new all-time high above $35,500 levels. At press time, BTC is trading 15% up at $35.320 with a market cap of $657 billion. As per analysts Ki-Young Ju, this BTC price rally is because of institutional as well as retail participation. Over the last […]

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Five Months After Buying Bitcoin MicroStrategy’s Stocks Have Surged By 200%

Five Months After Buying Bitcoin MicroStrategy’s Stocks Have Surged By 200%

December 31, 2020 , , , , , , , , , Eddy 0

Michael Saylor’s business intelligence firm MicroStrategy has become one of the largest bitcoin holders after accumulating more than $1 billion worth of BTC in less than six months. Interestingly, the company’s stock price has surged by roughly 200% in the same timeframe. MicroStrategy’s History With Bitcoin MicroStrategy is a Nasdaq-listed company providing business intelligence, mobile […]

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Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators

Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators

December 26, 2020 , , , , , , , , , , , , , , , , Eddy 0

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 […]

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Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year

Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year

December 23, 2020 , , , , , , , , , , , , , , , , , , , Eddy 0

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 […]

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Grayscale Bitcoin Trust (GBTC) Adds 12,000+ BTC In a Single Day! Over 16K BTC Moved Out of Exchanges

December 23, 2020 , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Don’t be late for the Bitcoin party! If you are waiting on the sidelines, note that institutions are already making bold moves. On Tuesday, December 22, Grayscale has reportedly 12,319 BTC to the Grayscale Bitcoin Trust (GBTC) in a single day. This is more than the company’s cumulative BTC purchase over the entire last week. […]

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MicroStrategy Buys Additional 29,646 Bitcoins (BTC) for $650 Million During Recent Correction

December 21, 2020 , , , , , , , , , , , , , , , , , , , , , Eddy 0

Business Intelligence firm MicroStrategy knows how to make the most of the Bitcoin (BTC) price correction. As Bitcoin corrected over 5.5% in a marketwide correction, MicroStrategy director Michael Saylor announces the purchase of an additional 29,646 Bitcoins (BTC) for an aggregate price of $650 million. The massive fund infusion in Bitcoin comes after MicroStrategy completed […]

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Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC

Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC

December 21, 2020 , , , , , , , , Eddy 0

Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion. Microstrategy Now Has Over $1.6 Billion in Bitcoin Billion-dollar public company Microstrategy (Nasdaq: MSTR) announced its latest bitcoin purchase on Monday. CEO Michael Saylor tweeted: Microstrategy has purchased an […]

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Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

December 12, 2020 , , , , , , , , Eddy 0

Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75% interest per year. The […]

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