In an inflationary environment, assets like Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings.
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Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency
Read moreMicroStrategy reports a $146.6M impairment on Bitcoin holdings in Q4 2021
MicroStrategy, a business analytics firm that has invested heavily in Bitcoin, has released its financial results for Q4 2021. The company reported a net loss
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Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021
MicroStrategy currently holds a total of 125,051 BTC acquired for $3.78 billion at an average price of $30,200 per Bitcoin.
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Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC
Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create
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Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051
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