MicroStrategy lost about 45% from its November peak, trading at about $300 after highs of $543 about six weeks ago. MicroStrategy is a publicly traded business intelligence company founded in 1989 that pivoted to acquire as much Bitcoin as possible in 2020. The company now holds well over 1% of all Bitcoin that will ever exist, and is now well underway to get its hands on 2%. With its strategy, MicroStrategy has enshrined its position as the largest corporate Bitcoin holder and attracted attention as a potential leveraged Bitcoin bet for institutional investors.

NEXT
BING NEWS:
  • Bitcoin hits two-month low amid Fed rate cut concerns
    On Monday, the price of bitcoin slid below $90,000, representing the lowest level in two months for the world’s top cryptocurrency. The drop was driven by concerns that the Federal Reserve might delay ...
    01/13/2025 - 1:12 pm | View Link
  • Bitcoin plunge: End of crypto boom? Worries grow amid signs of instability in $3.2 trillion market
    Bitcoin's value has dropped after peaking at $110,000, driven by economic factors like a strong US jobs report. Analysts warn of further declines, with key support levels under threat across ...
    01/13/2025 - 5:45 am | View Link
  • MicroStrategy Buys $243 Million More Bitcoin
    MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.
    01/13/2025 - 3:47 am | View Link
  • Bitcoin Price’s Rally to $100,000 Challenged By 66% Decline in Short-Term Demand
    Bitcoin’s price drops below $100,000 as short-term demand declines by 66%. Explore key levels and what’s needed to reignite momentum.
    01/10/2025 - 2:30 am | View Link
  • ‘Time To Sell’—Serious Bitcoin Price Crash Warning Adds To Crypto Sell-Off
    Legendary bitcoin and crypto investor Arthur Hayes has predicted when the bitcoin price and crypto market will ...
    01/9/2025 - 8:48 pm | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News