The insurance giant made the investment across four different sub-organizations, according to Bloomberg Terminal data shared by pseudonymous analyst Petruschki.
Bitcoin Price news
Despite millions of selling pressure, Ether is staging a breakout to above $3,700 due to an emerging bull flag, according to market analysts.
Bitcoin’s record monthly gains come eight days before the end of November — historically the most bullish month for Bitcoin returns.
Bitcoin hitting $100,000 seems all but certain as sell wall after sell wall disappears and shorts risk getting “squeezed” by rampant BTC price momentum.
President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee.
Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange.
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options.
The strategic Bitcoin reserve could set up Bitcoin’s price for an over $1 million valuation this market cycle, according to Adam Back
Bitcoin has a “big day ahead” as the final push to the magic $100,000 mark begins ahead of the Wall Street open.