MicroStrategy's Bitcoin buying spree raises breadth of rally concerns
Concentration of Bitcoin ownership challenges the foundational idea of a decentralized cryptocurrency network.
MicroStrategy's Bitcoin buying spree raises decentralization concerns
Host of CryptosRus, George Tung, broke down Saylor’s latest purchase and the broader implications for bitcoin’s future. Saylor’s company, MicroStrategy, announced Monday it acquired 55,500 ...
MicroStrategy's 'unprecedented' bitcoin buying could push its stock up another 49%, Bernstein says
Bernstein analysts predict MicroStrategy will own 4% of the total bitcoin supply by the end of 2033, an amount they expect to be worth about $830 billion.
MicroStrategy’s bitcoin buys lead to a new Wall Street-high stock price target
MicroStrategy buys more bitcoin, and Benchmark analyst’s new Street-high stock price target implies more than 60% upside.
MicroStrategy Buys Record $5.4 Billion of Bitcoin
MicroStrategy, the software-intelligence company turned bitcoin-holding entity, has bought about $5.4 billion of bitcoin, its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago.
MicroStrategy Accelerates Bitcoin Buying With Record Purchase
MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge fund proxy.
MicroStrategy Stock Drops as Bitcoin Bounce Fizzles Out
MicroStrategy and other crypto-related stocks were sliding on Tuesday after Bitcoin’s initial push toward $100,000 failed. All three stocks are closely tethered to the price of Bitcoin given they either hold the crypto or make money by taking trading fees from investors buying or selling it.
Whales fuel Bitcoin surge as exchange reserves hit historic lows
Bitcoin is entering an unprecedented phase, with its influence permeating global finance and politics like never before. Host ...
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George Tung
Getting in with NULS at these levels is the same as getting in Ethereum, Ripple, NEO a year ago when they were dirt cheap, says columnist George Tung. Litecoin is suited to become the ...