MICROSTRATEGY
MicroStrategy Acquires Additional 5,445 Bitcoins, Total Holdings Reach 158,245 BTC
MicroStrategy continues to invest heavily in Bitcoin, announcing the acquisition of an additional 5,445 BTC. The company now holds 158,245 Bitcoins, acquired for an aggregate sum of approximately $4.68 billion. The move comes amid a period of relative stability in Bitcoin prices.
Bitcoin Surpasses $30,000 Mark, Reaches New High in 2023
Bitcoin has exceeded the $30,000 mark, reaching a new high for 2023, with gains of almost 46% in the last month. Experts anticipate its price to rise as the United States Consumer Price Index (CPI) report on April 12 approaches. The Crypto Fear and Greed Index indicates the market's optimism, scoring 68 out of 100.
Microstrategy's Bitcoin Investment Turns Green Again
Microstrategy's Bitcoin investment has turned profitable again as BTC surpassed the critical resistance of $29,000 and hit a new 10-month high of $30,163. The company had accumulated 140,000 BTC for nearly $4.17 billion at an average price of $29,803 per BTC. After a 70% drop in BTC price during the crypto winter in 2022, the price has seen over a 55% increase in the first quarter of 2023, outperforming most traditional stocks and bonds.
MicroStrategy Acquires Additional 1,045 Bitcoin
Business intelligence firm MicroStrategy acquires 1,045 Bitcoin for $29.3 million, bringing its total holdings to 140,000 BTC worth over $12.6 billion. The company continues to invest in Bitcoin as a reserve asset.
MicroStrategy Acquires More Bitcoin Amid Market Recovery
MicroStrategy has acquired 6,455 Bitcoin for $150 million and repaid its $205 million loan to Silvergate at a 22% discount, according to a filing with the US SEC. The company now holds a total of 138,955 BTC, bought for $4.1 billion at an average price of $29,817 per coin. MicroStrategy also sold class A common stock worth $500 million and acquired BTC between Feb. 16, 2023 and March 23, 2023.
Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time
In January, Marathon Digital, the second-largest Bitcoin holder after Michael Saylor's Microstrategy, sold 1,500 BTC.
Coinbase Up 69%, MicroStrategy Up 74% From Lows
Since its Jan 6 lows, Coinbase's share price has climbed 69%. MicroStrategy and Block Inc. also gained. Bitfarms and Marathon Digital Holdings shares rose 140% and 120%. After selling at a 45% discount on Dec 28, it is presently at 36%. Some analysts attribute this to January 12's good U.S. inflation data.
MicroStrategy Bitcoin Buying Splits The Crypto Community
MicroStrategy, a business that specializes in software analytics, has just increased the amount of Bitcoin it holds. Following the transaction, the company now has a total ownership of 132,500 BTC, which were acquired for a sum of $4.03 billion. Some people believe that this new move may have the ability to cause a new minimum price for the leading digital asset. Others say that increasing one's Bitcoin holdings exposes one to the danger of centralization.
MicroStrategy is Hiring a Bitcoin Developer to Design Enterprise Solutions
American Nasdaq-listed business intelligence firm, MicroStrategy Incorporated has put out a call in search of a Bitcoin Lightning Software Engineer
Bitcoin Is ‘100 Times Better Than Gold,’ Says Michael Saylor
Michael Saylor of MicroStrategy sees a revival for Bitcoin as he expects plenty of upside above its previous high.