The Trillion-Dollar Bet of Microstrategy! Since Donald Trump’s re-election last week, Bitcoin (BTC) has been setting unprecedented highs, now trading above $87,000, marking a historic peak of $87,293. This upward momentum has also propelled shares of business intelligence giant MicroStrategy (MSTR) to a new record high of $341, a remarkable 25% increase in a single …
Donald Trump’s win in the 2024 U.S. presidential election sparked a significant rally across crypto stocks, with major players like MicroStrategy, Coinbase, Tesla, and Bitcoin miners seeing impressive double-digit gains. The election results, combined with a favorable environment for crypto-friendly policies, triggered a surge in optimism for the sector. However, as of now, anything is …
Metaplanet Inc. has achieved its first inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index), marking a significant milestone. This global index, which tracks 45 major blockchain and cryptocurrency-focused companies, is managed by CoinShares and includes prominent names like MicroStrategy, Coinbase, and SBI Holdings. Metaplanet’s addition reflects its dedication to Bitcoin accumulation and solidifies …
MicroStrategy, the largest corporate holder of Bitcoin, has announced an ambitious plan to raise $42 billion over the next three years to boost its Bitcoin reserves. The plan dubbed the “21/21 Plan,” was outlined during the company’s Q3 2024 earnings call, to raise $21 billion through equity and another $21 billion through fixed-income securities. This …
In the last seven days, Bitcoin has experienced a surge of 9.4%. With the price standing at $72,387.46, the BTC market could create a new all-time high at any moment. Interestingly, MicoStrategy, a company with a massive Bitcoin holdings of 252,220 BTC, has grown 58.71% this month, highlighting that the company has benefited greatly from …
Microsoft is gearing up for a major vote at its shareholder meeting on December 10, with a fresh proposal on the table—whether or not the company should officially assess investing in Bitcoin. This comes after a recent SEC filing revealed the proposal, sparking interest in the corporate world’s ongoing dance with cryptocurrencies. More: In additional …
Metaplanet Inc. (Tokyo:3350), a Japanese long-standing company that deals with hotel asset management and operations, announced earlier today that it had acquired an additional 108.786 Bitcoins, for about $6.7 million at an average price of around 61.9k. As a result, the company now holds a total of 639.503 Bitcoins, worth approximately $40.5 million. According to …
The post Fidelity & Signum Partner With Chainlink For Tokenized Asset Data appeared first on Coinpedia Fintech News
Fidelity and Signum announce a new partnership with Chainlink to transform tokenized asset data by integrating Net Asset Value data on chain. The innovative move aims to enhance transparency and real-time data access in the digital space. With Chainlink’s technology, NAV data can be securely and accurately updated on-chain and across both public and private …
The post Tech Companies Confidence In Hong Kong’s Virtual Asset Market appeared first on Coinpedia Fintech News
A large number of technological companies have returned to Hong Kong in the past year which shows their confidence in the future development of Hong Kong’s virtual asset market. The financial director of OSL group underscored Hong Kong’s advantages in developing the virtual asset market. He also stated that the SAR government’s declaration on virtual …
The post Apple in Hot Water: EU charges Apple over App Store rules, alleging DMA violation appeared first on Coinpedia Fintech News
In a rising tide of regulatory scrutiny, Apple Inc. is yet again under the microscope for its app store practices. The European Union (EU) has stepped up its regulatory efforts, targeting the tech and crypto industries to promote fair competition and maintain market integrity. This approach shows how the EU is working hard to limit …