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2024-11-25 16:30:23

Joker on Nostr: What’s Flying Higher Than Bitcoin? The Software Company (Including Other ...

What’s Flying Higher Than Bitcoin? The Software Company (Including Other Companies) Buying It Up

MicroStrategy shares are a more popular bitcoin play than the cryptocurrency itself for many individual investors.

MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment.

MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25.

The firm’s continued buying spree close to BTC’s new high near $100,000 suggests it expects further growth in Bitcoin’s value, driven by rising institutional adoption and optimism over potential pro-crypto legislation under the incoming United States administration of President-elect Donald Trump.

Related:

* Metaplanet Follows MSTR's Lead And Becomes Asia’s Second-Largest Corporate Bitcoin Holder

* Semler Scientific Follows Suit, Acquires More BTC

* Hoth Therapeutics Allocates $1M To Bitcoin As Treasury Asset

* Rumble Stock Rises As CEO Teases Bitcoin Adoption

* Genius Group Kicks Off Bitcoin Treasury Play With $10M In BTC

* AI Firm Genius Group Surges 66% After ‘Bitcoin-First’ Treasury Strategy

* Kontrol Technologies Announces Addition Of Bitcoin To The Treasury

* Samara Asset Group Plans Up To $32.8M Bond To Expand Bitcoin Holdings

* Medical Data Company OneMedNet Latest To Pursue Bitcoin Treasury Strategy After Capital Raise

Remainder Of The Article: Nasdaq-Listed MicroStrategy And Others Wary Of Looming Dollar Inflation, Turns To Bitcoin: https://dpl-surveillance-equipment.com/bitcoin-and-crypto-currency/nasdaq-listed-microstrategy-and-others-wary-of-looming-dollar-inflation-turns-to-bitcoin-and-gold/
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