MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024
MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices.
MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices.
As Bitcoin (BTC) reserve discussions continue to escalate, new statements came from former German Finance Minister Christian Lindner. Christian Lindner, who recently criticized German Chancellor Olaf Scholz for not including Bitcoin in Germany’s financial strategy, said that the European Central Bank and the German Federal Bank (Bundesbank) should review their reserve policies. Lindner stated that … Read more
PRESS RELEASE. Singapore, December 30, 2024 – LBank, a leading global cryptocurrency exchange, has released its 2024 Annual Report, showcasing a year of extraordinary achievements across various domains, including leap growth, product innovation, global branding, and compliance. In 2024, LBank reached remarkable new heights in growth. The platform achieved over 15 million registered users worldwide, … Read more
The United Kingdom has a regulatory advantage in the cryptocurrency market.
Since January 1, bitcoin (BTC) has rallied 119% while its nearest rival, ether (ETH), trailed way behind at just 44%. A year-end review is in order to understand why Vitalik Buterin failed to lead ETH to outperform BTC and other major assets in 2024. For context, tether’s (USDT) market capitalization increased 52% this year. ETH’s … Read more
On Monday, while bitcoin (BTC) prices hovered between $92,850 and $93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $209 million at $97,837 each. Since 2020, Microstrategy has steadily accumulated bitcoin, making it the largest publicly traded company (excluding ETFs) to hold BTC … Read more
MicroStrategy has made its weekly Bitcoin (BTC) purchase, purchasing 2,138 Bitcoins for $209 million in cash. MicroStrategy founder Michael Saylor announced in a statement that the company purchased 2,138 BTC worth $209 million. “MicroStrategy purchased 2,138 BTC for $209 million at a cost of approximately $97,837 and achieved a BTC Return of 47.8% QTD and … Read more
As 2024 winds down, the crypto economy has flourished, growing by an impressive $1.62 trillion in value over the year. Interestingly, nine of the top ten gainers for the year turned out to be meme tokens, with only one utility token breaking into the elite group. Meme Coins Take the Crown The crypto sector expanded … Read more
This year was definitely a good one for Solana (SOL), if we choose any altcoin which is any cryptocurrency —besides Bitcoin (BTC). Network activity in the Solana ecosystem increased by 83% last year, and there are various reasons for this, from the hype around meme coins to artificial intelligence projects, which also played an important role in … Read more
Investors seeking exponential growth often look to Ethereum and Solana ecosystems, two of the most innovative and active blockchain networks. Both ecosystems host projects that have delivered incredible returns and continue to offer promising opportunities. If you’re looking to turn a modest $500 investment into a potentially life-changing $50,000, focusing on high-potential tokens within these … Read more