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MicroStrategy’s $2 Billion Bitcoin Buy Is Largest Since 2020

In This Article: (Bloomberg) -- MicroStrategy Inc. bought about 27,200 Bitcoin for around $2.03 billion, the largest purchase by the crypto hedge-fund proxy since just after it began acquiring the digital-asset more than four years ago. Most Read from Bloombe…

2024-11-11 20:25:59

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MicroStrategy Retail Investors Caught Out On the Wrong Side of MSTR Trade

MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09. On Nov. 20, MicroStrategy saw the largest daily retail buy on record, ret…

2024-11-27 11:49:06

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First Mover Americas: Bitcoin Hits $82K as Weekend Rally Extends

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

2024-11-11 13:06:08

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