MicroStrategy® Incorporated (Nasdaq: MSTR) Acquires Additional 19,452 Bitcoins for $1.026 Billion

TYSONS CORNER, Va., February 24, 2021– MicroStrategy® Incorporated (Nasdaq: MSTR) (the “Company”), the largest independent publicly-traded business intelligence company, today announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses.  As of February 24, 2021,… Continue reading MicroStrategy® Incorporated (Nasdaq: MSTR) Acquires Additional 19,452 Bitcoins for $1.026 Billion

Grayscale Bitcoin Trust (GBTC) has bought $350 million worth of BTC during February dip

Grayscale has bought $350 million worth of bitcoin during this dip according to their latest filing with the Securities and Exchanges Commission (SEC). “The Trust issued 7,789,400 Shares… for an aggregate of 7,383.70073325 Bitcoins representing $352,176,132,” they say. “As a result, there are 691,906,200 Shares issued and outstanding as of February 22, 2021.” That translates… Continue reading Grayscale Bitcoin Trust (GBTC) has bought $350 million worth of BTC during February dip

The Ultimate Bitcoin HODL

Old Bitcoin on the MOVE! Some old coins moved today (100 BTC from June 2010). It’s very rare to see pre-GPU era bitcoins move, it only happened dozens of times in the past few years. And no, it’s probably not Satoshi. Source: @khannib Was is worth it? Hmm. So, let’s see. Assuming a cubicle is a… Continue reading The Ultimate Bitcoin HODL