Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising a total of … [Read more...] about MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
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Report: Bitcoin (BTC) investment products declined in November
In its latest Digital Asset Management Review, CryptoCompare has reported that in November, alternative crypto-asset investment products, such as Ethereum, Litecoin and Solana have outshined those of Bitcoin ETPs, as they raked in better gains than the flagship digital asset.Bitcoin-based products perform poorly in NovemberThe report observes that the AUM of Grayscale’s … [Read more...] about Report: Bitcoin (BTC) investment products declined in November
MicroStrategy announces purchase of 7002 more Bitcoin (BTC) for $414.4 million
MicroStrategy announced earlier today that it has purchased an additional 7,002 Bitcoin (BTC). The latest purchase makes Michael Saylor’s company the largest known BTC holder among non-crypto companies.More bitcoins for Michael SaylorOne of the largest software companies in the world has just announced that it has significantly increased its cryptocurrency holdings.According to … [Read more...] about MicroStrategy announces purchase of 7002 more Bitcoin (BTC) for $414.4 million
Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
Bitcoin (BTC) hovered around $54,000 on Nov. 28 as the upcoming weekly close showed signs of hitting two-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers keen at $53,000Data from Cointelegraph Markets Pro and TradingView followed a quiet 24 hours for BTC/USD after Friday's $6,000 red candle.Although quiet into Sunday, the pair nonetheless dipped … [Read more...] about Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protein.The sharp fall has resulted in cross-crypto liquidations of over $750 million over the 24-hour period … [Read more...] about BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB