MicroStrategy has revealed that it bought additional 9,000 units of Bitcoin during the third quarter of the year, bringing the worth of its holdings to around $7 billion.Microstrategy now holds 114,042 BitcoinAccording to the company’s Q3 report released on October 28, the intelligence firm holds a total of 114,042 Bitcoin at an average purchase price of $27,713, which roughly … [Read more...] about MicroStrategy bought close to 9000 BTC in Q3, stash now worth $7 billion
Stash
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve's overnight facility after the central bank started paying interest on the money.The U.S. central bank received $756 billion via its reverse repurchase program from nearly 70 market participants on Thursday. The stash is about $172B higher than the one deposited last week and roughly $235B more … [Read more...] about Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash
United Kingdom-based fund manager Ruffer liquidated its $600M Bitcoin bet after growing nervous about the speculative frenzy in the cryptocurrency market, including huge rallies in meme-based tokens like Dogecoin (DOGE).The fund, which manages roughly $34 billion for wealthy clients and charities, started selling its cryptocurrency stash in December 2020, when the BTC/USD … [Read more...] about Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash