TL;DR MicroStrategy acquired 5,262 BTC for $561 million, consolidating its total reserves at 444,262 BTC, with an accumulated value of $27.7 billion. Institutions, governments, and funds now control 31% of all BTC in circulation, demonstrating MicroStrategy's impact on corporate adoption of BTC.
Tokyo-based investment firm Metaplanet Inc. announced on Monday it has purchased an additional 619.7 Bitcoin, spending approximately $58.9 million at current market rates.
Today's announcement coincides with MicroStrategy joining the Nasdaq 100 index, which could attract the interest of exchange-traded funds.
MicroStrategy has stunned the crypto world again by purchasing 5,262 BTC for $516 million, bringing its total to a record 444,262 BTC. The companys aggressive Bitcoin strategy continues to shape its Nasdaq-100 milestone today.
Investment advisers, the gatekeepers to retail and high-net-worth capital, are seen overtaking hedge fund managers in owning BTC and ETH ETFs next year.
Metaplanet acquires 620 BTC for $60.6 million, boosting its total holdings to 1,762 BTC. The company issued zero-interest bonds to fund its latest purchase.
MicroStrategy (MSTR) is on a tear, blowing past nearly every other stock in the U.S. with a 480% surge this year, thanks to one relentless strategy: buying Bitcoin like there's no tomorrow. The company has turned its balance sheet into a fortress of digital gold, and the results are clear.
Donald Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth"
El Salvador continues to showcase its unwavering commitment to Bitcoin, doubling down on its cryptocurrency strategy despite stringent restrictions imposed by the International Monetary Fund (IMF). On 19 December 2024, the country purchased an additional 11 Bitcoin (BTC), valued at over $1 million, pushing its total reserves to nearly 6,000 BTC.
Everyone's heard “Not your keys, not your coins.” Unchained head of research Joe Burnett explains how investors can protect their Bitcoin.
MicroStrategy slowed down Bitcoin buying last week, reporting the smallest BTC buy since July 2024.
MicroStrategy slowed down Bitcoin buying last week, reporting the smallest BTC buy since July 2024.
MicroStrategy has made headlines again by purchasing 5,262 BTC for approximately $561 million at an average price of $106,662 per BTC. The company now holds a staggering 444,262 BTC, accumulated at a total cost of approximately $27.7 billion, with an average purchase price of $62,257 per BTC.
Bitcoin was expected to be the headline-grabber in the financial world with its price surging throughout the year. While the leading cryptocurrency did indeed witness a significant increase, it wasn't the best-performing commodity of the year.
In the ever-dynamic cryptocurrency market, Bitcoin is currently making headlines again, this time for topping above $107,000.
The business intelligence firm Microstrategy has added more to its bitcoin (BTC) holdings, according to a recent post on X by company founder Michael Saylor. Microstrategy Ramps up Bitcoin Reserves In a post shared Sunday evening, Saylor hinted at the acquisition. He followed up on Monday, Dec.
MicroStrategy increased its Bitcoin holdings to 444 BTC, valued at $42.7 billion.
The crypto market today witnessed a minor pullback over the previous day. As a result, the market cap of the industry took a blow of 0.95% to $3.32 trillion. The trading volume too saw a modest fall of 2.05% to $152.63 billion.
Matador Technologies, the firm that focuses on digitizing real-world assets like gold, announced to buying of $4.5 million worth of BTC over the next few days. According to the new announcement, the firm's Board of Directors has nodded to add Bitcoin and USD-denominated assets into its corporate treasure.
MSTR recently joined the Nasdsaq 100.
Amid ongoing market uncertainty, the defunct crypto exchange Mt. Gox has captured everyone's attention after transferring a million dollars worth of Bitcoin (BTC). Today, December 23, 2024, blockchain-based intelligence firm Arkham posted on X (formerly Twitter) that Mt. Gox has moved a substantial $49.3 million worth of BTC. Mt. Gox Moves $49.
Michael Saylor, co-founder and chairman of MicroStrategy, has introduced a proposal aimed at deeply integrating Bitcoin and digital assets into the U.S. economy, positioning the nation as a leader in the emerging digital economy.
MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million at an average price of $106,662 per Bitcoin. The post MicroStrategy Acquires 5,262 BTC for $561M, Total Holdings Reach 444,262 BTC appeared first on Cryptonews.
A new week has started with bears putting the pressure on, according to CoinMarketCap.
MicroStrategy's strategic Bitcoin acquisition and Nasdaq-100 inclusion may enhance its market influence and drive further investment interest. The post MicroStrategy scoops another 5,262 BTC before joining Nasdaq-100 appeared first on Crypto Briefing.
MicroStrategy has announced another Bitcoin purchase, its seventh in as many weeks. This recent purchase brings the company's total holdings to 444,262 BTC, and it comes amid its Nasdaq-100 listing today.
The purchase takes MicroStrategy's total holdings to 444,262 bitcoin.
MicroStrategy, the biggest corporate holder of Bitcoin, has increased its Bitcoin reserves once again. The company recently bought 5,262 BTC BTC for $561 million, paying an average of ~$106,662 per bitcoin. As of today, the company hodl 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin.
Do you regret not buying Bitcoin at $10? You have company. Many claim they missed life-changing profit opportunities as Bitcoin has dramatically transformed from an unknown cryptocurrency into a worldwide legacy. The positive aspect is that the cryptocurrency market is still expanding and offering new opportunities.
Over $2.5B in Bitcoin outflows signal bullish sentiment as BTC trades near $96,905. Will it rally past $100K? Insights on key levels and funding rates. The post $2 Billion in BTC Leaves Exchanges – Will This Trigger a Rally to $108K for Bitcoin? appeared first on Cryptonews.
The U.S. Securities and Exchange Commission approved the first bitcoin ETFs in January.
Robert Kiyosaki, has issued a warning about an impending global market crash and potential economic depression while encouraging investors to buy more Bitcoin.
As we approach 2025, the big question is arising where will Bitcoin headed next year? Renowned crypto analyst Michaël van de Poppe believes that the next big rally for Bitcoin could send its price soaring to $250,000 in 2025.
The head of digital assets research at exchange-traded fund (ETF) provider VanEck says a strategic Bitcoin (BTC) reserve can help the US pay off its rapidly accelerating national debt in about 25 years.
The purchase did little to buoy sentiment for bitcoin, which recorded its first seven-day loss since early November.
Bitcoin (BTC) continued the 2024 bull cycle with the smallest drawdowns to date. The higher price range is less volatile, translating into much smaller expected crashes.
TL;DR Nexo, in collaboration with 7RCC Global, has proposed the world's first ESG-focused Bitcoin ETF, blending Bitcoin's growth potential with environmentally sustainable investment practices. The Nexo 7RCC ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures, ensuring adaptability to regulatory changes while fostering sustainable investment practices.
The cryptocurrency market has recently been shaken by a record fund outflow of 73 million dollars from BlackRock's Bitcoin exchange-traded fund (ETF) (IBIT). This event marks the largest fund outflow since the ETF's launch in January 2024.
Bitcoin price today trades at $94,650 after dropping 12% from its all-time high (ATH) of $108,421. Investors are shocked due to the quickness of the recent crash that wiped out more than $1 billion worth of positions.
Bitcoin faced its first big weekly decline since Trump's election-fueled rally, likely due to reduced Federal Reserve rate cut projections.
Bitcoin has been navigating an ascending consolidation phase near its critical $108K resistance level, recently encountering a sharp decline. However, strong support zones suggest a potential for a short-term bullish rebound.
Japanese Bitcoin-focused firm Metaplanet has significantly increased its crypto portfolio following its recent US market expansion. On Dec. 23, the company, listed on the Tokyo Stock Exchange and trading on the US OTCQX Market as MTPLF, said it acquired 619.70 BTC for 9.5 billion yen ($60.7 million).
However, it is only a projection based on current data that will hardly remain constant over time.
TL;DR A recent report by VanEck suggests that the U.S. could reduce its national debt by creating a Bitcoin reserve, potentially offsetting 35% of the debt by 2049. VanEck's analysis projects Bitcoin's value to reach $42.3 million by 2049, with the U.S. national debt growing to $119.3 trillion.
Simon Gerovich, the CEO at Metaplanet, announced that the company has achieved a BTC yield of 309 percent QTD as it holds about 1,761 Bitcoin.
El Salvador's festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador's Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country's everlasting dedication to the original cryptocurrency.
Over the last five days the Bitcoin ($BTC) price has generally trended downward. Currently holding just above $95,000, will this decline continue, or could we see a big recovery going into the end of this year?