Month: February 2021
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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 […]
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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 […]
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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 […]