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

MicroStrategy, a publicly-traded business intelligence company, has announced that it has made a significant investment in bitcoin. The company purchased approximately 19,452 bitcoins for approximately $1.026 billion in cash, bringing its total bitcoin holdings to approximately 90,531 bitcoins. This is a significant development for the cryptocurrency market, as it shows that even traditional financial institutions… 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 Bitcoin Trust (GBTC) has made a significant investment in bitcoin, according to a recent filing with the Securities and Exchange Commission (SEC). The trust purchased approximately $350 million worth of bitcoin, equivalent to around 690,000 bitcoins. This marks a return to buying activity for GBTC, which slowed down in February after purchasing roughly $1… Continue reading Grayscale Bitcoin Trust (GBTC) has bought $350 million worth of BTC during february dip

Movement of Rare Old Bitcoins Reignites Interest in Cryptocurrency Market (The Ultimate Bitcoin HODL)

It appears that some old bitcoins have been on the move recently. According to Twitter user @khannib, 100 bitcoins from June 2010 were recently transferred, which is a rare occurrence as it is uncommon for pre-GPU era bitcoins to be moved. While it is not likely that the person behind the transfer is Satoshi, the… Continue reading Movement of Rare Old Bitcoins Reignites Interest in Cryptocurrency Market (The Ultimate Bitcoin HODL)