Bitcoin (BTC) has not seen such a high level since April 2022, or before the crash of the Terra ecosystem. At its lowest during the bear market of 2022, bitcoin had pulled back to under $16,000, putting MicroStrategy’s bet deep in the red. Saylor, however, continued to add to the company’s holdings, funding purchases with a mixture of debt and equity issuance.
Related posts
-
Ethereum ETFs Falter With $39M Losses as Bitcoin ETFs Steal the Show
On Monday., Nov. 18, spot bitcoin exchange-traded funds (ETFs) had an impressive showing, attracting $254.82 million... -
Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’
Blackrock Inc.’s head of digital assets, Robert Mitchnick, recently shared his thoughts on bitcoin during a... -
Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why
Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares...