Bitcoin falls below $96K, dragging down MicroStrategy and Coinbase. Traders brace for volatility as ETF outflows and derivatives expirations pressure prices.
The company, the largest corporate holder of the cryptocurrency, continued a string of weekly purchases that began in early November.
"These types of things never go on forever and often end poorly," Steve Sosnick said of MicroStrategy's leveraged bitcoin bet.
The US stock market seems to be reviving after a period of intense sell-off, courtesy of the Federal Reserve. GameStop (GME) popped more than 4% today,
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on the stock market.
Bitcoin stabilizes near $98,000 amid Russia's adoption of BTC for trade and MicroStrategy's continued Bitcoin accumulation, signaling bullish momentum.
Tech stocks lift Nasdaq 0.6% while Dow Jones drops 100 points. MicroStrategy falls 5% on Bitcoin volatility. Will the Santa Claus rally drive markets higher?
El bitcóin se cotizó a la baja a pesar de que la empresa de almacenamiento de criptomonedas MicroStrategy Inc. planea emitir más acciones, una medida que le permitiría comprar aún más tokens.
Christmas Day session, while a recent bond-market selloff deepened.On Thursday, the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all traded around the flatline. Boeing and Walgreens Boots Alliance gained,
MicroStrategy Inc., which is set to enter the Nasdaq 100 Index on Monday, announced it had purchased an additional $561 million of Bitcoin at an average price near last week’s record high.