Founder and CEO of MicroStrategy, Michael Saylor, tweeted that the firm has bought an additional 13,005 bitcoins worth $489 million. The firm purchased an average price of approximately $37,617 per bitcoin, inclusive of fees and expenses. The latest purchase takes the total BTC accumulation by MicroStrategy to 105,085 bitcoins, acquired at an aggregate purchase price […]

Read full post MicroStrategy buys $489 million worth of bitcoins. on Chaintimes.com.

With the spotlight shining strongly on Bitcoin’s energy usage and environmental impact, mining firms are innovating new ways to harness renewable power to produce the next block.

MicroStrategy has done it again with another sizeable purchase of over 13,000 bitcoins, and the firm now owns more than 100,000 coins.

Business analytics firm MicroStrategy has acquired 13,005 Bitcoin (BTC), CEO Michael Saylor said in a tweet today.

The post MicroStrategy buys 13,005 more Bitcoin, now holds 105,000 BTC appeared first on CryptoSlate.

Bitcoin’s price has dipped by 17% in the last seven days – is it…

The post China’s Crackdown Reduces BTC Hashrate – Where to Buy Bitcoin (BTC) appeared first on Coin Journal.

The Nasdaq-listed software company, MicroStrategy Incorporated has purchased an additional 13,005 units of Bitcoin (BTC) to cushion its already robust BTC reserves. As shared on his official Twitter handle, the company’s CEO, Michael Saylor revealed that the latest purchase is valued at approximately $489 million in cash at an average bitcoin price of about $37,617. 

The post Breaking: MicroStrategy Purchases Additional 13,005 Bitcoins Worth $489 Million appeared first on Coingape.

MicroStrategy has purchased an additional 13,005 bitcoins for around $489 million in cash.

The post MicroStrategy buys more bitcoin for $489 million in cash appeared first on The Block.

Popular hedge fund manager Micahel Burry, who correctly predicted the 2008 financial crisis beforehand, has now predicted the “mother of all crashes”. Burry has been vocal about the latest developments in the crypto space along with his views on the global macroeconomic situation. Last Thursday, the founder of Scion Asset Management said: “All hype/speculation is

The post What if Michael Burry is Right? BTC Price Confirms “Death Cross” Formation appeared first on Coingape.

Grayscale, the largest Bitcoin fund is gearing up to release shares equivalent to 16,000 BTC in the market, fuelling fears of enhanced volatility.

RUNE price has tested and fallen below the 38.2% FIB retracement level of $7.50. The price may soon fall below the 23.6% FIB retracement level of $7.27 as well. Thus, as of now, the price downtrend is strong and may sustain till tomorrow.

The U.S. government’s latest cryptocurrency auction, which was announced by the General Services Administration (GSA) on June 16, is closing at 17:00 Eastern Time (or 21:00 UTC) on Monday (June 21). The GSA is “an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal […]