MicroStrategy Starts 2025 with Announcement of 1,070 Bitcoin Acquisition
MicroStrategy, the largest corporate Bitcoin holder, kicked off the new year by acquiring an additional 1,070 BTC during the final two days of 2024. On January 6, the company disclosed that it had spent approximately $101 million in cash on December 30 and 31, 2024, to complete the purchase. According to a filing with the […]
Bitcoin Surges Past $101K as MicroStrategy Kicks Off 2025 with New BTC Investment
Bitcoin surged past the $100,000 milestone during Wall Street’s Jan. 6 open, fueled by bullish momentum that propelled the cryptocurrency into six-figure territory. BTC Price Eyes Daily Close Above $101K Data from leading market trackers, including TradingView, recorded a sharp spike in Bitcoin’s value, with BTC/USD reaching as high as $101,506 on Bitstamp. This marked […]
Crypto bull market entering final stage says CryptoQuant
The cryptocurrency market appears to be entering the “final phase of the current bull cycle,” signaling a need for heightened caution among investors, according to the analytics firm CryptoQuant. This ongoing bull run, which began in January 2023, is anticipated to peak by the first quarter of 2025, or possibly extend into the second quarter, […]