Bitcoin

Saylor’s succinct but impactful Bitcoin pitch may cause a change in Microsoft’s cash-rich reserves. Source: Decrypt Michael Saylor, the chair of MicroStrategy and an enthusiast for Bitcoin, has confirmed that he will address the board of directors of Microsoft. The three-minute presentation will highlight the advantages of Bitcoin investing. “The activist that put that proposal […]

The price of bitcoin has risen to yet another record high as it approaches the historic six-figure worth. Source: CryptoNewsZ According to TradingView on Bitstamp, the price of bitcoin reached $97,765 during early Asian trade on Thursday, Nov. 21. Since Donald Trump won the presidency earlier this month, the price of Bitcoin has increased by

Source: CryptoPotato By acquiring an extra 124 Bitcoins, the publicly traded Japanese business Metaplanet has grown its overall Bitcoin holdings to almost 1,142 BTC. The portfolio that this investment has created is worth about 11.37 billion Japanese yen. After these acquisitions were announced, Metaplanet’s stock price increased by 15%. Bitcoin Holdings Total More Than 1,100

Software Company MicroStrategy has increased its holdings to over 331,200 BTC by carrying on Michael Saylor’s aggressive Bitcoin purchasing strategy. Source: CryptoPotato Key Points: The $4.6 billion Bitcoin buy doubled the size of its first acquisition that was revealed last week. The company’s founder and executive chair, Michael Saylor, acknowledged that it purchased 51,780 bitcoins

Soure: Brave New Coin Highlights: Business intelligence pioneer MicroStrategy holds a reserve of about $26 billion in Bitcoins. This exceeds the cash on hand of large companies such as Nike and IBM. This development marks a critical turning point in the mainstream corporations’ use of cryptocurrencies. MicroStrategy Bitcoin Holdings. Source: Saylortracker MicroStrategy’s Increasing Bitcoin Financial

Political changes, institutional support, and lower market risks are some of the reasons Michael Saylor believes Bitcoin might surpass $100,000 this year. Michael J. Saylor Former CEO of MicroStrategy (Source: CryptoNewsZ After a big surge earlier this week, Bitcoin witnessed a 1.5% decline in the last day, indicating profit-taking. The Bitcoin had surged above $93,000,

Source: Coin Edition Highlights: Bitcoin recently hit an all-time high of over $93,000. However, market investors are now concerned about today’s fall. What are the fundamental causes of this decrease? Fed Concerns and Macroeconomic Factors Source: Skilling.com Recent US inflation data has caused market confidence to wane. This week’s Consumer Price Index (CPI) was 2.6%,

The chair of MicroStrategy, Michael Saylor, has proposed using a Bitcoin reserve to settle the US national debt in an interview with CNBC. Source: Moneycontrol Key Points: Saylor claims that purchasing one million Bitcoins over the course of the following five years would settle $16 trillion, or 45%, of the nation’s debt. This is a

To diversify public money, Pennsylvania lawmakers have introduced a bill to make Bitcoin a reserve asset. Source: CryptoSlate Important Takeaways: The Pennsylvania House of Representatives ( sponsored the “Pennsylvania Bitcoin Strategic Reserve Act”according to Fox Business). This measure seeks to diversify the state treasury’s investments by allowing up to 10% of the $7 billion fund