MicroStrategy said it bought 7,002 bitcoin for about $414 million in cash during its fiscal fourth quarter.The company bought bitcoins during the quarter for an average price of about $59,000, it said in a statement.The largest crypto currency by market capitalization was around $57,326 on Monday. MicroStrategy now holds 121,044 bitcoins for an average purchase price of … [Read more...] about MicroStrategy Bought About 7K Bitcoins in Fiscal Fourth Quarter for $414M
Fiscal
IRS Seized $3.5B in Cryptocurrency During Fiscal 2021
The Internal Revenue Service’s (IRS) Criminal Investigation Unit (CI) unit seized $3.5 billion in cryptocurrency during fiscal 2021, which accounted for 93% of its criminal investigation seizures, according to the agency’s annual criminal investigation report published Thursday. Source link … [Read more...] about IRS Seized $3.5B in Cryptocurrency During Fiscal 2021
Voyager Digital Posts Fiscal Q1 Revenue of $65.6M, In-Line With Guidance
Voyager, a publicly-traded cryptocurrency exchange, says total funded accounts exceed 860,000 and were up 29% from 665,000 at fiscal year-end June 30. Total assets under management (AUM) reached $4.3 billion from $2.6 billion at June 30, with AUM currently of just under $7 billion. Source link … [Read more...] about Voyager Digital Posts Fiscal Q1 Revenue of $65.6M, In-Line With Guidance
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency's move downhill prompted many analysts, including Luno exchange's Vijay Nayyar and Kinetic Capital's Jehan Chu, to predict a further depressive move below $25,000, Anthony Pompliano offered a contrasting bullish outlook.The Morgan Creek … [Read more...] about Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices