MicroStrategy, the big company that owns a lot of bitcoin, didn't buy any last week. This is unusual because they usually buy some every week. The last time they bought was six weeks ago. They have 649, 870 bitcoins now. They bought each one for about $74, 433. The company is not doing well. Its stock price is way down, about 70% less than its highest point. It's al...
El Salvador made a big move in the Bitcoin world. They bought a lot of Bitcoin when the price was dropping. This is not just any purchase. It is the largest single-day buy since they started using Bitcoin in 2021. They added about 1, 090 BTC to their reserves. That is worth around $100 million. President Nayib Bukele shared this news on X. He showed a screenshot of t...
A new media venture is making waves in the financial world. This company is planning to invest a huge amount of money into Bitcoin. The sum is a staggering 2. 5 billion dollars. This move is part of a bigger plan to push for more use of cryptocurrencies. The company is led by a well-known figure in politics and business. This person has been a strong supporter of dig...
The tech firm Strategy is making waves in the cryptocurrency world. It recently spent $10. 7 million on Bitcoin. This purchase came just a week after the company announced plans to issue up to $21 billion in preferred stock. The goal? To buy even more Bitcoin. Strategy has been on a Bitcoin buying spree since late October. The company, known for its enterprise softw...
Rumble, a video platform with a conservative following, is making headlines for its bold new treasury strategy. The company recently announced that it'll allocate a portion of its excess cash to buy bitcoin, with a cap of $20 million. This move isn't surprising, given the growing interest in cryptocurrencies. Rumble's CEO, Chris Pavlovski, believes that bitcoin is a ...
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, MicroStrategy announced it had purchased around 27, 200 Bitcoins. This...