MicroStrategy
Many analysts expected bitcoin to top $100K before year-end, though it’s been on a post-election tear
BTC’s 46% average returns last month was the asset’s best November performance since 2020
MSTR shares hovered around $402 at 2 pm ET Monday — down 4.7% on the day but up 70% from a month ago
MicroStrategy announced that it purchased 55,500 bitcoin last week, but that didn’t quite push BTC over the 6-figure edge
MicroStrategy founder Michael Saylor alluded to Marathon’s CEO during a X Spaces on Tuesday
MicroStrategy’s bitcoin buying has exploded — it now holds 1.7% of the asset’s circulating supply
The proposal notes a corporation’s “fiduciary duty” to maximize shareholder value by protecting profits from debasement in an inflationary world
First it was MicroStrategy, then Block. Now over a dozen companies have bought bitcoin, treating it the same as cash.
MicroStrategy executives have been well rewarded for turning the stock around, with bitcoin’s help
MicroStrategy announced that it bought nearly 12,000 more bitcoin from April to late June
The number of companies buying BTC is likely to go up “as inflation continues to erode the purchasing power of cash,” analyst says
Also, tokenization continues to grab headlines and one bitcoin miner stock soars Tuesday after inking a big deal
DC AG Brian Schwalb said the case is the “largest income tax fraud recovery” in DC history
Semler Scientific, a publicly traded medical tech company, joined MicroStrategy by buying up millions of bitcoin
The publicly traded hoarder of bitcoin could hold close to 300,000 BTC by the end of 2025, the Benchmark Company’s Mark Palmer predicts
Vitalik Buterin has some thoughts on memecoins, and one firm says it’s shorting MicroStrategy
MicroStrategy keeps adding to its giant bitcoin stash, with a new buy announced Tuesday
Get the daily newsletter that helps thousands of investors understand the markets.