$93,763.00
0.74%$1,802.76
3.01%$2.23
0.77%$606.65
-1.14%$151.51
1.71%$0.999892
-0.01%$0.178935
0.75%$0.699928
2.78%$0.246425
-0.41%$1,801.73
3.17%$93,656.00
0.83%$2.98
11.05%$15.09
7.47%$22.49
1.63%$9.12
0.96%$0.26767
0.81%$3.19
3.71%$0.00001352
0.14%$2,160.98
2.97%$0.180604
-0.42%$0.999896
0.01%$358.37
-1.26%$83.39
-0.30%$4.10
2.17%$18.65
-2.00%$4.51
-1.37%$1.001
0.12%$1,800.07
2.97%$0.99959
-0.01%$0.664873
2.74%$230.29
2.35%$28.66
0.72%$1,918.64
3.00%$93,743.00
0.81%$0.00000886
1.00%$6.08
5.09%$5.38
2.05%$52.05
-0.64%$2.49
3.65%$341.66
2.20%$0.919334
0.42%$23.54
-0.44%$14.18
54.48%$5.18
2.62%$32.55
-0.72%$16.83
0.93%$168.07
6.78%$1.00
0.00%$1.049
0.03%$0.090643
-0.06%$0.095663
-0.82%$0.706099
1.75%$4.49
-0.04%$0.02617655
2.85%$1.17
0.06%$4.43
2.80%$93,459.00
1.06%$0.221187
0.68%$0.340747
6.38%$2.79
3.40%$0.21443
2.78%$4.23
0.02%$2.78
0.43%$0.513765
1.34%$0.623987
-1.66%$0.339739
5.29%$0.998553
-0.27%$4.14
1.32%$93,781.00
1.22%$10.36
2.05%$0.454988
3.54%$0.77241
4.67%$158.64
1.20%$1,488.85
2.94%$0.075873
0.38%$0.776719
-3.22%$0.00001497
0.44%$0.867025
3.90%$1.10
1.01%$1,802.70
3.04%$1.088
-2.97%$0.590674
7.56%$72.40
5.85%$1,874.34
2.91%$0.01656565
-0.07%$0.67847
1.14%$3.76
5.30%$0.195023
3.55%$1.00
-0.11%$9.56
2.63%$0.090796
1.71%$0.999791
-0.01%$2,028.36
2.99%$0.653723
-4.83%$1.00
0.07%$0.0170626
13.51%$3,328.38
-0.87%$607.13
-1.03%$14.22
-7.69%$1.00
-0.02%$92,467.00
0.59%$3,329.47
-0.70%$166.97
1.68%$194.81
1.88%$2.61
-0.45%$0.01714962
2.27%$93,688.00
0.72%$0.817124
4.76%$0.298409
1.70%$0.195393
4.89%$1,916.22
2.98%$0.02094376
10.50%$0.691126
1.58%$0.117229
-1.23%$0.00007007
7.63%$0.998017
0.03%$3.65
-5.79%$0.65799
-2.14%$0.512641
9.34%$0.00000064
1.40%$2.03
1.24%$94,492.00
1.27%$0.999932
0.07%$0.396638
1.52%$30.82
0.02%$0.246297
5.41%$0.316629
1.65%$1.10
-0.87%$1.82
-3.09%$1,881.86
2.89%$17.17
5.84%$0.540162
0.75%$0.15291
2.48%$34.33
3.74%$0.055124
23.83%$0.542149
8.61%$0.00588403
-8.05%$3.31
-4.06%$0.539972
-2.30%$0.647167
2.50%$0.998237
-0.01%$91,342.00
1.10%$94,807.00
-0.24%$0.00848617
-4.53%$0.517986
-0.58%$0.067393
0.63%$0.442619
1.11%$0.733612
7.20%$93,787.00
0.82%$1.72
2.48%$0.999892
-0.01%$0.178728
0.66%$1.30
-0.67%$2.18
11.11%$1,862.07
4.85%$0.179569
-0.06%$0.15237
6.16%$0.999909
-0.01%$15.44
2.61%$0.00002189
-0.49%$6.08
3.84%$93,447.00
0.92%$110.80
0.01%$1,798.45
2.97%$6.46
7.53%$0.00000043
-0.54%$0.526908
16.23%$0.00663931
-6.56%$0.516887
5.16%$1.084
0.03%$0.999514
-0.08%$2.52
2.27%$0.078926
2.65%$3.64
-0.91%$0.04119804
2.42%$1,801.92
2.97%$1,801.92
2.92%$1,920.06
3.25%$43.19
1.43%$0.32852
8.69%$0.22158
0.49%$1.00
-0.02%$0.082033
1.95%$0.00712118
4.75%$1,801.65
2.94%$1.00
0.07%$0.178656
1.14%$21.71
-0.45%$0.00006463
2.64%$1.002
0.25%$0.0041589
0.50%$0.562998
-1.43%$0.827342
0.59%$0.01735785
0.56%$0.334805
-0.16%$1,840.80
3.18%$0.0000016
10.57%$1.001
0.08%$0.999758
-0.01%$0.119473
2.00%$0.03162728
0.05%$0.00449896
48.37%$0.329146
2.79%$2.76
1.84%$1.23
6.19%$93,611.00
0.95%$0.669021
9.23%$27.06
4.00%$0.65649
5.73%$114.43
1.58%$0.240294
2.45%$0.999727
-0.01%$0.691436
3.59%$3.59
-0.25%$0.139253
-0.96%$93,811.00
1.66%$1,779.85
2.94%$0.999605
0.06%$0.280503
2.28%$2.90
3.69%$22.41
1.44%$0.272344
-0.04%$3,188.06
0.03%$1.12
12.31%$1,908.99
3.35%$0.18986
2.98%$0.113741
1.87%$1,801.82
2.99%$0.03730592
0.60%$0.513507
1.75%$0.02983676
3.31%$15.44
5.62%$0.0127744
0.91%$22.49
1.85%$1,882.18
0.80%$0.443154
2.00%$0.734987
2.51%$0.952194
4.25%$0.248236
7.96%$0.00273192
-1.43%$0.999713
-0.02%$1,977.08
3.04%$0.00
5.17%$1,956.54
2.93%$18.66
-1.98%$0.00266362
3.66%$2.24
1.20%$0.999947
0.02%Reading
Software company MicroStrategy today announced another massive Bitcoin buy—the fourth such purchase in as many weeks.
The newly dubbed “Bitcoin development company” said Monday that it bought approximately 15,400 Bitcoin for $1.5 billion between November 25 and December 1.
It snapped up the orange coins at an average price of approximately $95,976, the announcement added.
MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR https://t.co/K3TK4msGp0
— Michael Saylor⚡️ (@saylor) December 2, 2024
MicroStrategy now holds 402,100 Bitcoin. At today’s price, that’s about $39 billion in the leading cryptocurrency. Bitcoin is now trading for $97,000, according to CoinGecko.
The formerly sleepy software company now securitizes Bitcoin by buying the asset and allowing investors to buy its Nasdaq-listed shares to get exposure to the cryptocurrency.
MicroStrategy co-founder and Executive Chairman Michael Saylor came up with the idea back in 2020. The company in August of that year spent $250 million on the asset.
Saylor claims to have found the ultimate way to store value: The tech entrepreneur argues that Bitcoin is the best bet if companies want to get returns for their shareholders, as the digital coin is scarce and appreciates more than other investments each year.
“Whoever gets the most Bitcoin wins,” Saylor said in a March interview.
And he may have a point: MicroStrategy stock (NASDAQ: MSTR) was trading for less than $15 a share before the company started buying Bitcoin. Today, it’s trading for $389, and surged to a new all-time high price last month. The company has beat most other firms on the S&P 500.
Strategy, fronted by outspoken Bitcoin bull and Executive Chairman Michael Saylor, added to its sizable Bitcoin holdings Monday with the purchase of 20,356 BTC—or approximately $2 billion worth. The purchase is the latest in a string of Bitcoin purchases dating back to 2020, when Strategy (formerly MicroStrategy) and Saylor made the strategic decision to allocate capital to the leading cryptocurrency to “maximize long-term value for shareholders.” Since that time, the business intelligence firm...
MicroStrategy has repeatedly bought Bitcoin since 2020, but this year accelerated its buys as the price of Bitcoin surges. The firm recently said that it will raise $42 billion in additional funding to continue buying Bitcoin, as it has started to do recently.
Edited by Andrew Hayward
Canadian investment firm SOL Strategies has secured a $500 million convertible note to buy Solana, the company announced on Wednesday, reflecting the growing interest in the crypto that has been popular among meme coin developers and others who favor its speed compared to rivals. The company, which trades on the Canadian Securities Exchange under the ticker HODL, described the agreement with New York investment firm ATW Partners as the largest and first of its kind in the Solana ecosystem. “Th...
Bitcoin critic and CBDC fan Mark Carney is favored to win Canada's election later this month, according to both crypto betting markets and other prediction models. It was just earlier this month that 74% of speculators had bet on the former Bank of England boss—who took over as prime minister from Justin Trudeau in March following a party vote—winning the prime minister election on April 28 on prediction market MYRIAD. But that likelihood has now soared to over 82%, while Bitcoin-friendly libert...
Investors plowed nearly $913 million into spot Bitcoin exchange-traded funds on Tuesday, the highest amount since mid-January, as the price of the funds’ underlying asset soared amid encouraging signs that U.S. President Donald Trump was scaling back his trade war against China. The ARK 21Shares Bitcoin ETF (ARKB) and BlackRock’s iShares Bitcoin Trust (IBIT) led the surge with $267 million and $193.5 million in net inflows, respectively, according to data from UK asset manager Farside Investors...
