A Bitcoin (BTC) whale that last transacted about 44 months ago has awakened and moved over half a billion dollars worth of the flagship crypto asset, according to on-chain data. Blockchain analytics platform Arkham Intelligence says that the Bitcoin whale, which last transacted in April 2021, has moved the large BTC stash to two new […]
The post Bitcoin Whale Wakes Up After Three Years To Move $530,000,000 in BTC to New Wallets, Pays $46 in Fees: Arkham appeared first on The Daily Hodl.
MicroStrategy’s steady Bitcoin purchases could send its market cap above Starbucks and Nike if BTC rallies above $138,000.
MicroStrategy’s (MSTR) stock prices are up 546% for the year, with its market cap currently at $99.4 billion. Its Bitcoin (BTC) reserve is a major reason for its significant year-to-date yields, as the organization added 249,850 BTC in 2024, taking its total tally to 439,000 BTC.
With its market cap on the brink of breaking the $100 billion threshold, MicroStrategy will take over major American companies if Bitcoin hits higher price targets.
With 439,000 BTC in its treasury, MicroStrategy is the largest corporate holder of Bitcoin, surpassing Marathon Digital’s tally of 40,435 BTC by 985%.
Microstrategy’s $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin’s rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin’s growing prominence as a transformative financial asset took center stage as Microstrategy Inc. (Nasdaq: MSTR) detailed its latest […]
Microstrategy’s $43 billion bitcoin bet propels it into the Nasdaq-100, fueling bullish momentum as institutional investors are expected to prepare for major crypto-driven gains. Nasdaq Adds $43B Bitcoin Giant Microstrategy: Institutional Buying Frenzy Ahead? Nasdaq Inc., a leading global technology company and stock exchange operator, announced its annual adjustments to the Nasdaq-100 Index on Friday, […]
Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major investments on Thursday. Since […]
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value.
Riot Platforms bought approximately $510 million worth of Bitcoin (BTC) between Dec. 10 and 12, bringing the Bitcoin miner’s total BTC holdings to nearly $1.7 billion, according to a Dec. 13 regulatory filing.
The purchases coincide with reports that activist investor Starboard Value has taken a “significant position” in the Bitcoin miner.
On Dec. 12, The Wall Street Journal reported that Starboard urged Riot to repurpose some of its Bitcoin mining capacity to service artificial intelligence models. Buying BTC has shown itself to be another way for Bitcoin miners to win over investors.
Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.
MicroStrategy (MSTR) is expected to join the Nasdaq 100 stock index on Dec. 23, with an announcement coming as soon as this week, according to a post on the X platform by Bloomberg Intelligence analyst Eric Balchunas.
The placement will rank MicroStrategy, a software company that became a de facto Bitcoin (BTC) hedge fund in 2020, among the Nasdaq stock exchange’s 100 largest stocks by market capitalization.
It will also expose MSTR to hundreds of billions of dollars in institutional capital flows tracking the widely-followed index.
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course.
Opinion by: Alex O’Donnell, Senior Writer for Cointelegraph.
MicroStrategy’s multibillion-dollar Bitcoin bet has paid off spectacularly. Still, the good times won’t last. When cheap financing dries up, Microstategy’s stock price will wither.
Copycats risk similar fates. Bitcoin (BTC) maxis should look elsewhere.
MicroStrategy keeps stacking Bitcoin despite BTC hitting all-time high prices, with its co-founder Michael Saylor confident that his company will still buy it at $1 million per coin.
MicroStrategy, one of the largest corporate holders of Bitcoin, continues stacking BTC despite the cryptocurrency surging to new all-time high prices above $100,000.
MicroStrategy acquired 21,550 BTC for $2.1 billion from Dec. 2–8 at an average price of $98,783 per BTC, the company officially announced on Dec. 9.
As of Dec. 8, MicroStrategy held a total of 423,650 BTC acquired for $25.6 billion at $60,324 per BTC, MicroStrategy co-founder and former CEO Michael Saylor said in a statement on X.
Microstrategy has amassed 423,650 BTC worth $25.6 billion and just bought 21,550 more, underscoring its aggressive bet on bitcoin as a transformative asset. Michael Saylor Highlights Microstrategy’s 423,650 BTC Portfolio and KPI Success Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) has significantly expanded its bitcoin portfolio, as disclosed in a Dec. 9 filing with the […]