MicroStrategy, a software company turned Bitcoin enthusiast, just got some good news. MSCI, a big name in finance, decided not to kick MicroStrategy out of its important stock index. This decision came after a lot of back and forth. MicroStrategy is known for holding a ton of Bitcoin. In fact, it's
MicroStrategy's stock price has taken a tumble, dropping below its net asset value (NAV) for the first time in two years. This happened as the crypto market faced a sharp decline, with Bitcoin, the company's main investment, losing significant value. The stock price fell below $200, causing the mark
Bitcoin is a type of digital money that isn't controlled by any government or bank. It's designed to be scarce, with only 21 million coins ever available. This makes it appealing as a way to protect against the devaluation of traditional currencies. Countries and big investors are starting to take n
MicroStrategy, known for its data visualization tools, has caught investors' attention for its big bet on Bitcoin. The company started buying Bitcoin in 2020, and by 2024, it owned nearly 2% of the world's Bitcoin supply. This move made MicroStrategy's stock price skyrocket, turning it into one of t
On Sunday, Bitcoin reached a new peak price of $106, 491. This comes as President-elect Donald Trump hinted at plans to create a U. S. strategic reserve for Bitcoin. In a recent interview, Trump discussed the idea of a crypto reserve similar to the Strategic Petroleum Reserve. Rep. Cynthia Lummis o
Bitcoin, the most prominent cryptocurrency, is on a roller-coaster ride. Standard Chartered predicts it could hit $125, 000 by the end of the year and then $200, 000 in 2025. However, some think even bigger. Michael Saylor from MicroStrategy believes Bitcoin could reach a market cap of $250 trillion
Bitcoin is zooming towards $100, 000, but don't expect it to fly there forever without a hiccup, warns Michael Novogratz, CEO of Galaxy Digital. The crypto king was trading near $97, 000 on Thursday, after hitting an all-time high of almost $98, 400. Novogratz thinks this milestone was bound to happ
Bitcoin surged to a new peak of almost $95, 000 recently, driven by positive U. S. election outcomes. Meanwhile, major firms like BlackRock and Grayscale introduced options for their spot bitcoin ETFs, attracting massive volumes. BlackRock's iShares Bitcoin Trust saw over $1. 9 billion in trades, si
In the days following the U. S. presidential election, Bitcoin has seen a significant surge. This is partly due to promises made by President-elect Donald Trump to support cryptocurrency. One major player in this space is MicroStrategy, which has been on a Bitcoin buying spree. In early November, M
Bitcoin briefly touched $70, 000 on Monday, a peak not seen since June. This happened as investors kept an eye on MicroStrategy's earnings and the upcoming U. S. presidential election. Stocks linked to bitcoin, like Coinbase and MicroStrategy, showed mixed reactions in late trading. Coinbase rose by
