Tag: 91k

Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin – Bitcoin News

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On March 12, the publicly-listed firm Microstrategy announced the company purchased an additional 262 bitcoin for $15 million in cash. The company’s CEO Michael Saylor announced the acquisition of the coins during the morning hours on Friday (ET) to his 623,000 Twitter followers. Microstrategy Tells US Regulators It Swapped $15 Million in Cash for 262 Bitcoin Seven days ago, on March 5, Bitcoin.com reported on Microstrategy leveraging $10 million in cash to purchase 205 bitcoin (BTC). On March 12, Microstrategy announced another acquisition of $15 million worth of bitcoin in…

Bitcoin At Risk of Correction at $9.1k as U.S. Futures Hint a Sell-Off

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Bitcoin is holding its intraday gains above $9,100 on Thursday. But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday. The unsteadiness surfaced as China approved a proposal for a national security law in Hong Kong, raising possibilities of a new geopolitical conflict with the U.S. Bitcoin was trading steadily above $9,100 on Thursday but risked breaking below the level as it heads into the U.S. trade session. The downside sentiment grew stronger as traders failed to push the…