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Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say

Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts SayMicrostrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However, challenges such as net losses and bitcoin volatility could complicate this forecast, despite a […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per DayOn July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after the 18 MW increase boosted the computational power by 200 […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain HighGlobal bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of the falling price of bitcoin. The publicly traded bitcoin […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC

Microstrategy Buys More Bitcoin, Now Holding 124,391 BTCNasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury

Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate TreasuryPayment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold bitcoin. Furthermore, Allied will keep bitcoin on its balance sheet. Allied Payment […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks