MicroStrategy Buys the Top, Adding $1.1 Billion in Bitcoin Ahead of Price Plunge
Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.
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
BitMine Buys 10,399 More ETH but Reported Holdings Fall to $11.3B
BitMine Immersion Technologies said Monday that its crypto, cash and "moonshot" holdings totaled $11.3 billion as of 4:00 pm ET on...
Korean Buyers Are Stacking XRP 2-to-1 Against Sellers: XRP Price Prediction Says 80-Day Downtrend About to Break?
In the latest XRP price prediction, XRP price is trading at $1.0732, down 0.99% in the last 24 hours, yet the more interesting sto...
Hashdex Will Liquidate DEFI in the First Wind-Down of a U.S. Spot Bitcoin ETF
Hashdex Asset Management will close and liquidate the Hashdex Bitcoin ETF, which trades on NYSE Arca under the ticker DEFI, the sp...
GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges
GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that would retire about one-third of i...
Strategy’s Michael Saylor outlines plan for perpetual Bitcoin buying
Saylor's strategy hinges on Bitcoin's growth; a downturn or market shift could challenge sustainability and investor demand for ST...
On-chain options close in on crypto’s $21B-a-day perp market to deepen liquidity everywhere
A Bitcoin holder who wants less downside exposure today usually sells the asset or shorts a perpetual futures contract, taking on...