Microstrategy Stock Drops 6% Amid Latest $6M Bitcoin Buy
The business intelligence firm Microstrategy says it has now spent a total of $3.98 billion on its Bitcoin bet.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Binance hackers reportedly spent eight weeks inside before $6.3 billion theft
The incident underscores the critical need for robust internal security and detection systems in exchanges to prevent prolonged br...
Bitcoin Futures Open Interest Drops to $52 Billion as Traders Retreat
Bitcoin futures open interest fell 1.88% to $52.04 billion as the leading crypto asset declined nearly 5% to $75,783 on Friday, No...
Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower
Bitcoin fell about 5.9% in the 24 hours to 3 a.m. ET Friday, sliding from about $80,360 to $75,620 on Binance as a selloff in arti...
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200...
Apple, Meta reject OKX–ICE tokenized stock plans, leaving crypto firms as the ones to watch
Strategy, Coinbase, Circle and Robinhood are among six companies from the venture’s initial selection with no disclosed objection,...
Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure
Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US r...