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Strategy’s holdings hit $70B+ as bitcoin breaches $118K
Bitcoin hits $118K+ as Tysons-based Strategy, the largest corporate holder of bitcoin, sees its crypto holdings’ value grow to over $70B.
Bitcoin tops $118,000 for the first time, and keeps on going
Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions. A soft U.S. dollar and the digital currency friendliness of President Donald Trump‘s administration has also helped to push the price of bitcoin to unprecedented levels recently. Last month the Senate passed legislation th[...]
US stocks hang near their record as Wall Street takes a breath following two big days
NEW YORK (AP) — U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil. The S&P 500 was 0.2% higher in early trading and sitting just 0.7% below its all-time high. […]
Trump hosts $TRUMP crypto backers amid bitcoin surge
WASHINGTON (AP) — It seems like a triumph for a cryptocurrency industry that has long sought mainstream acceptance: Top investors in one of President Donald Trump‘s crypto projects dining with him at his luxury golf club in Northern Virginia, on the heels of the Senate advancing key pro-crypto legislation and while bitcoin prices soar. But […]
Strategy reports $4.2B Q1 loss
Strategy, formerly MicroStrategy, posted a $4.2B Q1 loss but now holds 553,555 bitcoins worth $51.55, continuing its aggressive crypto strategy.
MicroStrategy expects Q1 loss as bitcoin value falls
MicroStrategy appears to have lost the coin toss — the bitcoin toss, that is. The world’s largest corporate bitcoin investor, Tysons-based MicroStrategy reported an expected first quarter loss in a Securities and Exchange Commission filing on Monday due to the falling value of its holdings in the cryptocurrency. After cresting at an all-time high of […]
Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
President Donald Trump‘s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. World Liberty Financial, a cryptocurrency venture Trump helped launch [[...]
MicroStrategy unveils new name and logo, emphasizing Bitcoin
The Tysons tech company formerly known as MicroStrategy has a new moniker: Strategy. In addition to announcing a new name, the Bitcoin behemoth chaired by Michael Saylor unveiled Wednesday a new logo and a new brand color. “The new logo includes a stylized “B,” signifying the company’s Bitcoin strategy, and its unique position as a […]
As bitcoin breaches $100K, MicroStrategy holdings, Saylor’s wealth surge
MicroStrategy, the Tysons-based tech company chaired by bitcoin whale Michael Saylor, has pursued bitcoin as an investment strategy since 2020. Now, it appears to have paid off as bitcoin breached the $100,000 threshold. Bitcoin rose above $100,000 per coin Wednesday night, after previously breaching $99,000 on Nov. 21. At 11:45 a.m. Thursday, bitcoins were trading […]
MicroStrategy holdings surge in value as bitcoin breaches $87,000
Bitcoin whale Michael Saylor, the executive chairman of Tysons-based tech company MicroStrategy, has reason to gloat today. Under Saylor’s laser-eyed guidance, MicroStrategy has pursued bitcoin as an investment strategy since 2020. The company announced its first bitcoin purchase in August 2020, making it one of the first public companies to convert its cash treasury reserves […]
MicroStrategy buys $786M more bitcoin since late April
Tysons-based tech company MicroStrategy keeps growing its bitcoin holdings, most recently spending about $786 million to acquire almost 12,000 more of the cryptocurrency. From April 27 to June 19, the company, which is widely reported to be the world’s largest corporate bitcoin holder, acquired approximately 11,931 bitcoins for approximately $786 million in cash, according to […]
MicroStrategy buys $623M more bitcoin in March
Tysons-based tech company MicroStrategy continues to grow its cryptocurrency collection, acquiring more than 9,200 more bitcoins in one week in March. From March 11 to March 18, MicroStrategy acquired approximately 9,245 bitcoins for approximately $623 million in cash, according to the company’s Tuesday filing with the U.S. Securities and Exchange Commission. On Monday, MicroStrategy complet[...]
