Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $ 615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $ 5.9 billion at an average price of $ 31,168 per coin. Microstrategy’s executive chairman, Michael Saylor, believes that spot bitcoin exchange-traded funds (ETFs) “may be …
On April 3, 2022, decentralized finance (defi) protocols held approximately $ 163 billion total value locked (TVL). By the start of January 2023, this amount declined to $ 38.30 billion. Concurrently, in April 2022, the leading defi tokens by market capitalization were collectively worth $ 135 billion, but by Jan. 1, 2023, …
Binance CEO Changpeng Zhao (CZ) has shared a story of how executives of a Binance client were abducted and forced to empty their crypto wallets. CZ detailed how the cryptocurrency exchange was able to track the transactions and freeze over 94% of the stolen funds. CZ Shares Story of How Binance Freezes Stolen Funds Binance […]
Microstrategy reported a 3.3% increase in total revenues to $ 129.5 million in the third quarter of 2023, even as the company took impairment losses of $ 33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure. The firm’s founder, Michael Saylor, revealed that Microstrategy purchased an additional 155 BTC …
Microstrategy has acquired 5,445 more bitcoin, bringing the company’s total holdings to 158,245 BTC. According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the additional bitcoins were acquired during the period between Aug. 1 and Sept. 24. Microstrategy Adds 5,445 Bitcoin to Its Treasury The Nasdaq-listed software intelligence firm Microstrategy has […]