Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement
Bitcoin price on 10 11 (CoinDesk)
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MicroStrategy
Bitcoin price on 10 11 (CoinDesk)
NEAR, UNI and APT led crypto gains, while bitcoin (BTC) faded after pushing through $64,000 earlier in the day.
MicroStrategy could soon have bigger bitcoin pockets than Grayscale.
Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million.
Exploring the unique strategies and competitive landscape of BlackRock’s IBIT vs. MicroStrategy
With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.
MicroStrategy, Cathedra Bitcoin and Metaplanet are leading the charge in maximizing bitcoin holdings.
Cathedra Bitcoin will move away from mining business and will develop data center instead.
The company is the largest corporate bitcoin holder with 244,800 bitcoin worth over $14 billion in its treasury.
The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.