MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3
MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday.
MicroStrategy
Michael Saylor’s $4.7B Bitcoin Bet Back in the Green
Michael Saylor’s software company has invested billions of dollars into the world’s largest token by market capitalization. And the bet is slowly paying off.
MicroStrategy’s Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.
Coinbase, Microstrategy Shares Rally After Cboe Refiles Bitcoin ETF Applications
Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.
MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg
Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.