Following Bitcoin's fourth halving in April 2024, mining companies have tried to diversify their operations.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
MSTR intends to use the proceeds to buy more bitcoin, of which is currently holds 471,107 BTC worth over $46 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Mizuho Securities initiated coverage on shares of MSTR with an "outperform" rating and a $515 price target.
Norway’s indirect bitcoin exposure via its sovereign wealth fund has risen to 3,821 BTC, according to K33 Head of Research Vetle Lunde.
On Jan. 21, Riot Platforms said it is looking to the artificial intelligence and high-performance computing boom.
Dogecoin is one of the 10 largest cryptocurrencies by market cap, currently sitting around $47 billion.
Cboe BZX Exchange Inc. filed a fresh set of filings for firms vying for a spot Solana exchange-traded fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Several investor groups are trying to ramp up their crypto activity amid the political shift under President Trump, according to Bernstein.
A leveraged ETF uses financial derivatives and debt to amplify the daily returns of the underlying security.
Shares of Cipher Mining and Core Scientific are trading down 30%, while other miners are down about 20-25%.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Michael Saylor previously said MSTR aims to offer investors "both returns and volatility at factors of 1.5x those of bitcoin itself."
The bitcoin acquisitions follow MicroStrategy's latest sale of shares during the same period, equivalent to the same value.
MicroStrategy may have to pay up to $18 billion in realized bitcoin gains despite the firm never selling a token, WSJ reports.
The U.S.-based, commission-free trading platform has gradually been introducing "localized versions" of its app across the E.U.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Riot Platforms has been engaged in preliminary discussions with potential AI/HPC counterparties for several months.
MicroStrategy shareholders approved two amendments to increase the number of authorized stock.
The bitcoin acquisitions follow MicroStrategy's latest sale of shares during the same period, equivalent to the same value.
The publicly traded company formerly known as Marathon Digital mined a portrait of Donald Trump using a strategy of ordering transactions it invented.