MicroStrategy Adds 21.5K Bitcoin Amid Record-High Prices
MicroStrategy, a major corporate Bitcoin investor, continues to amass BTC despite the cryptocurrency reaching unprecedented highs, surpassing $100,000. Between December 2 and December 8, MicroStrategy added 21,550 BTC to its reserves, investing $2.1 billion at an average price of $98,783 per Bitcoin, as revealed in a December 9 announcement. By December 8, the company’s Bitcoin […]
Bitcoin Surge Predicted to Persist Through 2025 — Analyst
Bitcoin has achieved a significant milestone, surpassing the $100,000 mark for the first time on Dec. 6, marking a historic moment in the cryptocurrency’s journey. This remarkable rise comes despite lackluster performance across traditional markets. Over the past month, Bitcoin’s value climbed by 32%, contrasting sharply with declines in other key assets such as oil, […]
El Salvador’s Bitcoin Profits Exceed $300M — President
Salvadoran President Nayib Bukele recently took to social media to highlight the country’s substantial unrealized profits from its Bitcoin holdings after the cryptocurrency hit an unprecedented milestone of $100,000. On December 5, Bitcoin broke past the $100,000 mark for the first time, setting off celebrations across the global crypto community. That day, a popular crypto-focused […]
National Center for Public Policy Research Suggests BTC Treasury Strategy for Amazon
The National Center for Public Policy Research, a free-market think tank based in Washington, D.C., has submitted a proposal to Amazon urging the company to consider incorporating Bitcoin into its corporate treasury. This suggestion is slated for discussion during Amazon’s shareholder meeting in April 2025. In the proposal, the think tank criticized the Consumer Price […]