Bernstein believes Strategy, formerly known as MicroStrategy, could amass more than 1 million Bitcoin (BTC) by 2033 in a bullish market cycle, Benzinga reported on March 26, citing a research note. The projection issued by Bernstein analysts, outlines two vastly different paths for the company depending on macroeconomic conditions and Bitcoin’s long-term price trajectory. Bull […]
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STRK has risen 3% since its February launch, while MSTR has dropped over 20%.
Bitcoin's stumble begs the question asked during the last bear market: Is there a point at which Michael Saylor would be forced to liquidate part of the company's near-500,000 BTC stack?
Strategy (previously MicroStrategy) stock has plunged more than 55% from its all-time high, fueling speculation that the company could be forced to sell off its massive Bitcoin (BTC) holdings. With approximately 499,096 Bitcoin worth $43.7 billion, the firm has built one of the largest corporate Bitcoin reserves, but concerns are rising over its ability to […]
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Strategy, previously known as MicroStrategy, is pushing ahead with its aggressive Bitcoin accumulation strategy. According to a Feb. 20 statement, the company plans to acquire an additional $2 billion worth of Bitcoin using proceeds from its latest convertible notes offering. At the same time, Japanese firm Metaplanet, a Strategy copycat, has reached a key milestone […]
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Strategy acquired an additional 7,633 BTC and elevated its unrealized profit to over $17 billion on Feb. 9. Meanwhile, Metaplanet reported that 85% of its 2024 net income was attributed to Bitcoin (BTC) holdings, with nearly $36 million in unrealized profits. The firm said it intends to increase its Bitcoin stash to 10,000 BTC by […]
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Japanese Bitcoin investment firm Metaplanet has revealed plans to raise 116 billion yen ($745 million) through the issuance of 21 million shares, according to a Jan. 28 statement. According to the firm, the significant capital raise would be used to bolster the company’s Bitcoin holdings. Dylan LeClair, the firm’s director of Bitcoin strategy, emphasized the […]
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Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for President-elect Donald Trump.
Strive Asset Management, founded by Vivek Ramaswamy, has filed a request with US regulators to launch a new exchange-traded fund (ETF) designed to provide exposure to “Bitcoin Bonds,” according to a Dec. 26 filing. The Strive Bitcoin Bond ETF will target convertible bonds issued by companies like MicroStrategy that have invested significant portions of their capital in […]
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Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses. With this acquisition, Riot’s Bitcoin holdings have […]
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Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional investors. They include provisions for conversion into Riot’s common stock starting in 2029, with the possibility […]
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Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets.
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the delinquency rates on the debt have been low. This cohort of the population is still worth watching for emerging risks if the markets take a turn, the paper noted.
MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options.
The second-biggest publicly traded company holding bitcoin, MARA, is looking to purchase more from the estimated proceeds of $833 million.
Institutional adoption, US government overspending and future economic stimulus packages are just a few reasons why analysts believe Bitcoin price is on the path to $100,000.
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.
According to the International Monetary Fund, El Salvador has a 3% annual GDP growth rate and roughly $144 million in outstanding loans.
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain.
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.
Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week.
Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern.
The 2022-2023 period saw several bad actors wiped from the cryptocurrency industry, none bigger than FTX's Sam Bankman-Fried.
Reduced leverage use in Bitcoin futures greatly reduces the odds of cascading liquidations in the case of a BTC price pullback.
The token will be issued on the Liquid Network, a bitcoin sidechain.
Coinbase’s offering will better position the firm to pay off three existing debts due in 2026, 2028 and 2031.