Saylor teases ‘Bigger Orange’ after $1.25B Bitcoin purchase last week
MicroStrategy purchases $1.25 billion in Bitcoin, now holds over 687,000 BTC, with CEO Michael Saylor teasing a “Bigger Orange” on the horizon.
MicroStrategy purchases $1.25 billion in Bitcoin, now holds over 687,000 BTC, with CEO Michael Saylor teasing a “Bigger Orange” on the horizon.
MicroStrategy’s near-term outlook depends on the $91,000 Bitcoin price level, which could determine the company’s profitability and ability to service its debt.
MicroStrategy purchases $1.25 billion in Bitcoin, marking its largest weekly purchase since summer, pushing its total holdings to 687,410 BTC.
MicroStrategy, led by Michael Saylor, acquires 13,627 BTC in its largest purchase since July, pushing total holdings above 673,000 BTC. Explore the implications for Bitcoin’s market.
MSCI’s decision to cap new MicroStrategy shares has removed an automatic buying mechanism for Bitcoin, leading to increased market volatility and uncertainty for investors.
MicroStrategy ($MSTR) surges 7% after MSCI decides to keep Bitcoin-heavy firms in its indexes, signaling growing institutional acceptance of Bitcoin as treasury asset. –>