
MicroStrategy shares rise 10% after $2 billion Bitcoin acquisition at $74.4k
Shareholders benefit from Bitcoin strategy as MicroStrategy's average acquisition cost remains significantly below market value.
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Shareholders benefit from Bitcoin strategy as MicroStrategy's average acquisition cost remains significantly below market value.

Steve Lee's analysis sheds light on the delicate balance of power between Bitcoin's varied stakeholders during consensus upgrades.

The crypto industry expects better days ahead with Trump at the helm if the president elect delivers on his promises.

Meanwhile, the lender expects Bitcoin and Ethereum could hit $200,000 and $10000, respectively, by the end of 2025.

The deal is Tether Trade Finance's first initiative to reinvest company profits into traditional finance.

Trump's crypto stance offers hope for regulatory advancements but requires the industry's vigilance for genuine follow-through.

Galaxy's AI pivot aims to counteract Bitcoin mining losses and maximize future revenue opportunities.

The 25bps cut was likely priced in, prompting no immediate reaction by risk assets markets.

Moreover, only 0.28% of IBIT's Bitcoin stash was sold to cover redeemed shares since launch, indicating user retention.




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