Forget Buying the Dip, MicroStrategy Buys $15M of Bitcoin as It Nears the All-Time High
Business analytics firm MicroStrategy has made yet another large bitcoin (BTC, -0.15%) purchase, buying a further $15 million worth.
- MicroStrategy announced Friday it purchased approximately 262 more BTC at an average price per coin of $57,146, just a little over $1,000 away from the cryptocurrency’s all-time high.
- This latest purchase brings the firm’s total bitcoin holdings to around 91,326, bought for an average of $24,214 apiece.
- At the time of writing, this is equal to around $5.1 billion, compared to the approximate $2.21 billion MicroStrategy paid for them.
- The company’s share price has partly recovered from a month-long downturn, which saw it dip as low as $547.40 on March 5.
- MicroStrategy stock was listed at $763 in pre-market trading today and stands at $803.75 at press time.
On March 25, 2021, ONP Xi ‘an Road Show was successfully set up. The event was attended by outstanding community leaders from across the country. Veteran blockchain industry consultants and dedicated evangelists were invited to share the wealth of the current era and the important role of ONP in the blockchain prophecy field. On March 27th, the ONP Shanghai Roadshow was opened up smoothly, which was organized by the ONP Shanghai Community. The meeting was centered on the core values of ONP. Participants and analyzed the current status of the Predictor. At the same…04/03/2021
Call it the recipe for perfect market meltdown: Take a dubious tweet about an unconfirmed U.S. investigation of financial institutions using crypto to launder money, a report that doesn’t appear to have come from Bloomberg, Dow Jones, Reuters or any other reputable news service. Take that tweet and sprinkle it throughout the cryptoverse. Shake vigorously. Add a new CNBC tweet about a month-old Reuters report regarding a coming crypto ban in India. Let marinate until fully absorbed, about 30 minutes. Next fold in several (now-deleted) tweets that incorrectly implied that the Coinbase CEO had sold…04/18/2021
Our global economy has grown steadily in recent years, and an increase in income levels has driven the growth of consumer demand. Among them, the demand for health protection has seen a significant increase. However, the traditional insurance model is cumbersome, delivering a poor experience for users. A transformation and upgrade of the industry is imperative. In 2020, an insurance platform that relies on blockchain technology, AI and big data started to receive attention from the mass markets. The aptly-named Blockchain Insurance Global (BIG for short) has created a new insurance platform, and has achieved a growth rate of 53% in 2020, reigning as the growth leader of the industry. By empowering the insurance…01/28/2021
The conflict between civilization and barbarism—GODZILLA comes to the world, reconstructing the new order of the encrypted world!
It is reported that the much-anticipated GODZILLA will be launched soon. GODZILLA is a decentralized currency based on the Binance smart chain. It is an experiment in decentralized and spontaneous community construction. The community is very confident to make it a hundred times larger than the Binance ecological chain. Thousand times currency! GODZILLA Vision: Just for everyone to play currency fairly, this is an interesting experiment, a currency that belongs to the community, the owner will become the biggest beneficiary and the richest. Today, the blue ocean in the…06/07/2021
I’m glad you’re airdropped. We have three days left 5,0000 $FBBY AIRDROP 500 lucky wallets 1. Follow Us on Twitter @FBBYCOIN 2. Join the TG t.me/FootBallBabyco… 3. RT the tweet 4. comment ur BSC address #Airdrop #BSC #BNB #cryptocurrency #Pancakeswapv2 Football baby (fbby) Accuracy:18 Official website:http://footballbaby.vip Pre-sale address (transfer 0.1BNB or more to this address):0xB14575F1908d2e81e3ae3164627226EEbc4726B5 Pre-sale price: 1BNB = 60 billion FBBY Opening price: 1BNB = 30 billion FBBY is a decentralised digital currency issued by Crown Prince Frederik and Crown Princess Mary of Denmark for their daughter…06/17/2021
Digital Currency Group, the parent of Grayscale, said it’s authorized the purchase of up to $250 million worth of the lagging shares of the Grayscale Bitcoin Trust (OTCQX: GBTC), its subsidiary’s flagship product. In an announcement Wednesday, DCG – which is also the parent company of CoinDesk – said it will be buying GBTC shares on the open market. The purchase comes as the price of GBTC shares has fallen from an all-time high of $58.22 set last month to $41.40 last week before rebounding somewhat. In addition, the shares, which had…03/10/2021
U.S. lawmaker Matt Gaetz (R-Fla.), a member of the Congressional Blockchain Caucus who has put his name to a handful of pro-blockchain bills and letters, is under investigation by the Department of Justice, which is looking into whether he had a sexual relationship with a minor, the New York Times reported Tuesday. According to the report, which cited “three people briefed on the matter,” Gaetz is also being investigated over whether or not he violated federal sex trafficking laws. He allegedly may have paid for a 17-year-old to travel with him. The investigation is part…03/30/2021
With the rapid development of mobile Internet, 5G, Internet of Things, artificial intelligence and other technologies, data has exploded, and countless data are continuously generated, collected and processed everywhere. Accordingly, the markets of cloud storage, cloud computing and distributed edge computing are growing rapidly. Market reports from IDC, GrandView, Garnter and other institutions have clearly described this trend. On April 20, 2020, the National Development and Reform Commission held a press conference. The new infrastructure mainly includes three aspects, namely, information infrastructure, converged infrastructure and innovative infrastructure. Among them, data…04/20/2021
If you don’t want to miss out on Chia, then get on board with XC2 -and work to build consensus and value for Chia’s eco-development
2021was the year of the blockchain, with many coins surpassing theirall-time highs. In addition to the global economy and the impact ofthe epidemic, the bull market was fuelled thanks to the hot conceptsof Defi, NFT and Filecoin. Meanwhile Chia came out of nowhere andtook the blockchain scene by storm. Chiais a global open source decentralised network based on proof of timeand space, dedicated to creating a greener, more decentralised andsecure cryptocurrency. In Chia’s network there are no miners, nomining, but farms, farmers, seeding. By introducing a new consensusmechanism, Pos+Pot,…04/29/2021
The biggest core innovation of blockchain is to solve the trust problem in a decentralized way, without the need to trust and rely on third-party institutions for value transfer. Among them, smart contracts play an important role. It is a set of contracts defined in digital form, which helps contract participants execute the agreement to complete the task, saving time and cumbersome steps. Blockchain cannot actively obtain real-world data. However, smart contracts have external data interaction requirements. For example, some real-time price data such as stock or currency prices, weather…05/16/2021