Software company MicroStrategy Inc (NASDAQ:MSTR) has purchased more Bitcoin (CRYPTO: BTC), continuing the company's strategy of buying the leading cryptocurrency asset. What Happened: MicroStrategy announced Friday it acquired 18,300 Bitcoin between Aug. 6 and Sept.

Business intelligence company MicroStrategy has made big headlines again with its latest acquisition of 18,300 Bitcoin, valued at approximately $1.11 billion. The purchase, the largest by the company in over three years, was disclosed in a recent filing with the US Securities and Exchange Commission (SEC), which took place between August 6 and September 12, 20241.

MicroStrategy advances its Bitcoin accumulation strategy with a billion-dollar purchase.

On this Friday the 13th, Peter Schiff declared it is a "lucky" day for gold investors as the precious metal trades at a new all-time high of $2,600. Bitcoin (BTC) investors, though, in Schiff's view, are "out of luck," as are all Americans in general, says the banker and financial expert.

On 13 September 2024, Michael Saylor, Co-Founder and Executive Chairman of MicroStrategy (NASDAQ: MSTR), announced a significant new addition to the company's already massive Bitcoin holdings. Through a post on social media platform X, Saylor revealed that MicroStrategy has purchased an additional 18,300 Bitcoin for $1.

The acquisition, valued at $1.11 billion, was made at an average price of $60,408 per Bitcoin, including all associated fees. To fund this latest purchase, MicroStrategy sold over eight million company shares through a sales agreement finalized on August 1.

Mike McGlone, Bloomberg's senior commodity strategist, has made a bearish statement on the world's largest cryptocurrency, Bitcoin.

NBA legend Scottie Pippen has recently made waves with a bullish statement about Bitcoin. Pippen, a six-time NBA champion known for his remarkable career with the Chicago Bulls, took to social media to share his positive outlook on the world's leading cryptocurrency, sending the crypto community into a buzz.

Bitcoin's "anxiety stage" suggests more potential September downside before the next leg up, the latest price analysis suggests.

Michael Saylor's software firm MicroStrategy now holds over $14 billion worth of Bitcoin after four years of buying up BTC.

The bitcoin market has gone back and forth during the course of the early hours on Friday, as we just don't have anywhere to be it seems. All things being equal, bitcoin is about as neutral as it can get right now.

Most of the coins remain in the green zone, however, there are some exceptions to the rule, according to CoinMarketCap.

OpenAI, the leading company in artificial intelligence (AI) development, just launched its most advanced model, the o1, on September 12. Looking to test the AI's capabilities and gather insights on the cryptocurrency market, Finbold asked o1 for a Bitcoin (BTC) price prediction for the end of 2024.

Despite the sudden rise in positive Bitcoin comments, general investor behavior is still fearful, as seen in the Crypto Fear and Greed Index.

A community expert from the CryptoQuant platform explained why the narrowing of Coinbase Premium might be an optimistic indicator for Bitcoin (BTC) in the long run. Previously, this metric was useful for checking the time it took the largest crypto to set a new all-time high.

After a period of not buying any Bitcoin (BTC), raising concerns that one of the maiden cryptocurrency's largest bulls might be losing confidence, Michael Saylor's MicroStrategy (NASDAQ: MSTR) has broken the streak by purchasing 18,300 BTC and increasing its stash to a whopping 244,800 BTC.

Suze Orman, the personal finance expert and podcaster, has a message for investors: buy more Bitcoin. Her stance puts her at odds with many of her peers in the financial advisory world.

Jamie Coutts, chief crypto analyst at Real Vision, has taken to his account on the X platform (formerly know as Twitter) to warn Bitcoin holders in Australia over the “Orwellian legislation” that may include them as potential law violators.

A total of $1.3 billion worth of Bitcoin ($BTC) options are set to expire today, September 13, 2024, while an additional $298 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $1.

Following the release of the Consumer Price Index (CPI) data for the month of August, the Bitcoin price saw a major rebound. From trending around the $55,000 level, the price has since recovered and bulls continue to fight to turn the $58,000 resistance into support.

U.S. Spot Bitcoin ETFs experienced $39.2 million in inflows on Thursday, while Ethereum ETFs were hit with $20.1 million in outflows.

Crypto currency analyst Kevin Svenson is generating buzz with his optimistic outlook for Bitcoin (BTC), currently valued at $58,044.46. Despite a notable 20% decline from its previous peak, Svenson believes Bitcoin is poised for a significant upswing.

Software firm MicroStrategy acquired bitcoin worth $1.11 billion between Aug. 6 and Sept 12, boosting its total holdings of the world's biggest cryptocurrency to roughly $9.45 billion.

MicroStrategy purchased 18,300 Bitcoin for $1.11 billion between August and September 2024, bringing its total holdings to 244,800 BTC, worth around $14 billion.

MicroStrategy's massive Bitcoin investment underscores growing institutional confidence in cryptocurrency as a long-term asset. The post MicroStrategy nears $10 billion invested in Bitcoin with latest BTC acquisition appeared first on Crypto Briefing.

MicroStrategy acquired approximately 18,300 Bitcoin for $1.1 billion between Aug. 6 and Sept. 12 at an average price of $60,408 per BTC, according to a Sept.

TL;DR Critical Support Level: ARK Invest's latest report emphasizes the importance of Bitcoin maintaining the $46,000 support level, marking a “make-or-break moment” for the cryptocurrency. Bearish Market Sentiment: Bitcoin has struggled with a nearly 9% decline in August and is no longer respecting classic bull market support levels, adding to investor concerns.

Bitcoin's biggest holders, often referred to as “whales,” have sharply reduced their trading activity, flashing considerable discussion within the cryptocurrency community. This drop in transactions, noted particularly since Bitcoin's peak in March, raises important questions about the future trajectory of the cryptocurrency market.

Crypto trader Stockmoney Lizards shed light on how traders and investors tend to misinterpret Bitcoin's (CRYPTO: BTC) market cycle phases and how to prevent such errors. What Happened: The trader took to social media to highlight the common mistake of "buying the tops and selling the lows.

MicroStrategy has bought 18,300 bitcoin for $1.11 billion according to its CEO Michael Saylor.

Business intelligence firm MicroStrategy is continuing its Bitcoin allocation strategy, this time acquiring over 18,000 BTC. MicroStrategy, one of the largest corporate crypto holders in the world, announced in a press release on Friday, Sept.

MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation.

MicroStrategy has purchased another 18,300 BTC for approximately $1.11 billion at an average price of $60,408 per bitcoin.

Bitcoin (BTC) is still supported by a readiness to hold, as all but the latest ETF buyers and active traders are holding well above their cost basis. While BTC moves sideways, a capitulation is still an unlikely scenario.

Amid Bitcoin's price fluctuations, key market metrics are now suggesting potential for an imminent price move.

The business intelligence company MicroStrategy on Friday said it has acquired 18,300 BTC worth $1.11 billion, according to a filing with the US SEC. The company's net BTC holding has increased to 244,800 BTC worth $9.45 billion, revealed Michael Saylor, executive chairman of the firm.

In response to an infographic showing the largest holders of Bitcoin (BTC), Dogecoin cofounder Billy Markus, aka Shibetoshi Nakamoto, compared his DOGE holdings to how much Satoshi Nakamoto, the creator of Bitcoin, reportedly owns in BTC.

American business intelligence and software firm MicroStrategy Inc. has purchased another Bitcoin (BTC). In an announcement shared on X, Michael Saylor revealed that the firm bought 18,300 BTC for approximately $1.11 billion at approximately $60,408 per Bitcoin.

American business intelligence and software firm MicroStrategy Inc. has purchased another Bitcoin (BTC). In an announcement shared on X, Michael Saylor revealed that the firm bought 18,300 BTC for approximately $1.11 billion at approximately $60,408 per Bitcoin.

MicroStrategy Inc. (NASDAQ: MSTR), a leading enterprise analytics and mobility software provider, has announced a fresh Bitcoin (BTC) purchase. While other investors offloaded their Bitcoin holdings, as depicted by the notable cash outflows from the spot BTC ETFs in the past few weeks, MicroStrategy has announced that it acquired 18,300 BTCs for $1.11 billion.

Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date.

MicroStrategy's $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement.

Standard Chartered has outlined an extremely positive forecast for the price of Bitcoin (BTC).

The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.

Bitcoin has seen substantial gains this year, Ethereum has struggled, falling to a 40-month low in its ETH/BTC trading pair. Here's a closer look at the factors contributing to Ethereum's lag behind Bitcoin:

MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commission (SEC) confirmed this purchase.

XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.

The firm's latest acquisition was for 18,300 BTC.