MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B

November 11, 2024 Coin Telegraph

Bitcoin

MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion.

While some investors hold back from buying Bitcoin when it reaches new highs, MicroStrategy has doubled down, demonstrating a strong commitment to the cryptocurrency.

In a Nov. 11 announcement, the business intelligence firm turned Bitcoin (BTC) investor said it bought 27,200 Bitcoin for about $2.03 billion in cash. MicroStrategy purchased the coins between Oct. 31 and Nov. 10, at an average price of $74,463 per BTC, including fees and expenses.

With the latest purchase, the company now holds a total of 279,420 BTC, worth nearly $23 billion at current market prices.

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

February 9, 2023 Bitcoin.com

Atomyze

Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

January 31, 2023 Bitcoin.com

Alameda Research Seeks 6 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

$1.4 billion

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange

September 30, 2022 Bitcoin.com

AIFC

A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange in the nation’s financial hub. First Banking Operation With Crypto Assets Opens Door […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

September 10, 2022 Bitcoin.com

Acquisition

California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt Financial, a U.S. technology company headquartered […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

August 13, 2022 Bitcoin.com

bitcoin.com

It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic. Top Banker Confirms Crypto Trading Still Illegal in Iran […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

May 8, 2022 Bitcoin.com

Apartment

An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm

January 1, 2022 Bitcoin.com

bitcoin.com

The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Ukrainians Offered New Crypto Services, Bitcoin Cards

December 16, 2021 Bitcoin.com

bank

Along with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores and online. Wirex Gives Ukrainians Access to Over […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

August 31, 2021 Bitcoin.com

amendments

The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration […]

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