The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.
The MicroStrategy CEO is buying as much of the cryptocurrency as he can. Some big-name investors are going along for the ride.
Bitwise Chief Investment Officer Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc. (NASDAQ:MSTR) would be inaccurate, as companies buying the apex cryptocurrency is now a “bona fide megatrend.
Editor’s note: the story has been corrected to accurately reflect that Wintermute is a market maker, not a hedge fund. Crypto market maker Wintermute predicts a potential Dogecoin (CRYPTO: DOGE) ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States.
Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.
Altcoins have had a strong run in recent months, but JPMorgan expects bitcoin to be the main attraction in crypto in 2025.
MicroStrategy Inc. is considering perpetual preferred stock to fund its Bitcoin strategy, aiming to offer 1.5x returns and volatility. Trump admin may support crypto industry and repeal SEC rule.
MicroStrategy has further solidified its position as a leading corporate Bitcoin holder by purchasing another 2,530 BTC.
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency.
President-elect Donald Trump's victory in early November sent the entire sector surging. Trump has promised a friendlier regulatory environment toward crypto and even growth policies that will make the U.
Crypto hedge fund Wintermute predicts a potential Dogecoin DOGE/USD ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States.