Bitcoin
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Michael Saylor’s Strategy Might Buy More Bitcoin This Week
Michael Saylor is once again hinting at a major Bitcoin purchase. This is fueling new speculations as Strategy buying streak enters its seventh straight week On May 25, Saylor tweeted the company’s Portfolio Tracker. He is fond of making this mover often before announcing another bulk Bitcoin acquisition. “I only buy Bitcoin with money I…
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Strategy Buys $765M in Bitcoin as MSTR Stock Dips Amid Lawsuit
Michael Saylor’s company, now known as Strategy (formerly MicroStrategy), has made headlines once again with another large Bitcoin purchase. Between May 12 and May 18, the firm bought 7,390 BTC for about $764.9 million, paying an average of $103,498 per coin, pushing Strategy’s total Bitcoin holdings to 576,230 BTC, bought at an average price of…
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Metaplanet Buys 1,004 More Bitcoin, Now Holds 7,800 BTC
Japanese investment firm Metaplanet has added 1,004 more Bitcoin to its treasury, spending around $104.3 million in its latest purchase, days after buying 1,241 BTC. The average price paid per Bitcoin was $103,873, as the company continues its aggressive Bitcoin buying strategy. This brings Metaplanet’s total holdings to 7,800 BTC, now worth about $806 million…
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JPMorgan Sees Bitcoin Outshining Gold in Second Half of 2025
Bitcoin could continue to rise and outperform gold in the second half of 2025, according to a new report by JPMorgan. Analysts from the bank believe that while both assets were once rising together as a hedge against weak currencies, they are now moving in opposite directions and the battle for investor money has turned…
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Metaplanet Buys More Bitcoin, Overtakes El Salvador in Holdings
Japanese investment firm Metaplanet, has made headlines again with another large Bitcoin purchase. This time, the company added 1,241 BTC to its treasury, which cost about $126.7 million at an average price of $102,119 per Bitcoin. This latest buy brings Metaplanet’s total holdings to 6,796 BTC, putting Metaplanet ahead of El Salvador, which holds 6,174…
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MicroStrategy buys More Bitcoin, adds 13,390 BTC to holding
Strategy, formerly known as MicroStrategy, has once again increased its Bitcoin Bet, purchasing an additional 13,390 BTC for $1.34 billion at an average price of $99,856 per bitcoin. With this latest buy, strategy now owns a total of 568,840 bitcoins. All these bitcoins cost the company around $39.41 billion in total. But due to bitcoin…
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Hut 8 and Trump Family Start New Bitcoin Mining Company
Key Takeaways: Hut 8 Corp, a company that works with digital assets, announced today the launch of American Bitcoin Corp, a subsidiary focused on large-scale Bitcoin mining and strategic reserve building. The firm will operate as a partnership between Hut 8 and Eric Trump along with Donald Trump Jr. , with Eric Trump taking on…
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Bitcoin & Ethereum End Q1 2025 in Red: What Happened and What’s Next
Key Takeaways: As we close the first quarter of 2025, Bitcoin (BTC) and Ethereum (ETH) have failed to hold on to their early bullish gains and are likely to end Q1 in the red. After a strong start in January, both these assets suffered a sharp downturn in March. Investors are now grappling with the…
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Senate Banking Committee Set to Vote on the GENIUS Stablecoin Bill This Week
The members of the U.S Senate Banking Committee are expected to vote on the GENIUS Act bill this week thursday. This bipartisan bill strives to provide clearer rules and policies for stablecoin within the United State. According to reports, his bill is sponsored by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), and it’s intended…