The strategy also mimics that of Tysons Corner, Virginia-based MicroStrategy, the software developer that in 2020 said it would start building up its holdings of bitcoin. Since then, its stock price has often mirrored the fluctuations in bitcoin’s price, reflecting investor sentiment toward the cryptocurrency market. It is now the largest corporate owner of bitcoin, according to bitcointreasuries.net, holding more than 214,000 valued at more than $15 billion.
Related posts
-
Bitcoin price could surge to $500k, crypto millionaire predicts
Bitcoin price bounced back on Wednesday, ending a two-day retreat that pushed it near the $90,000... -
Bitcoin price dips but this new crypto ICO is raising millions
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Bitcoin Holds Strong Above $93K as Ethereum Surges Ahead, Reports QCP Capital
Bitcoin has stabilized above $93,000 while ethereum gains momentum and Wall Street rallies on positive policy...