Since MicroStrategy bought bitcoin in August, its shares (MSTR) have risen by over 250 percent, according to data from Yahoo Finance.
The firm has continued to double down on bitcoin ever since its initial purchase in August, purchasing an additional $175 million worth of bitcoin in September and another $50
One of the biggest concerns shared about Bitcoin is that it is subject to intense regulatory risk. The oft-mentioned criticism is that if governments wanted to, they could prevent exchanges from selling bitcoin or from allowing individuals to withdraw bitcoin to their own addresses.
Bill Miller, a Wall Street value
After Bitcoin casually broke its 2017 price record of $20,000 a month ago and went on to climb as high as $41,000, it reignited the interest of various media outlets that had either declared it dead after 2017 or simply moved on to more sensational topics.
Yet, in
After Bitcoin casually broke its 2017 price record of $20,000 a month ago and went on to climb as high as $41,000, it reignited the interest of various media outlets that had either declared it dead after 2017 or simply moved on to more sensational topics.
Yet, in
Since MicroStrategy bought bitcoin in August, its shares (MSTR) have risen by over 250 percent, according to data from Yahoo Finance.
The firm has continued to double down on bitcoin ever since its initial purchase in August, purchasing an additional $175 million worth of bitcoin in September and another $50
One of the biggest concerns shared about Bitcoin is that it is subject to intense regulatory risk. The oft-mentioned criticism is that if governments wanted to, they could prevent exchanges from selling bitcoin or from allowing individuals to withdraw bitcoin to their own addresses.
Bill Miller, a Wall Street value
United Kingdom-based Bitcoin exchange CoinCorner has become the latest major trading platform to support the Lightning Network. Traders can now use Lightning via CoinCorner’s website, with a mobile implementation in the works.
CoinCorner Seamlessly Launches Lightning Support
Lightning, which allows Bitcoin users to send transactions near-instantly and at negligible
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
In late December, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) released a proposed cryptocurrency regulation, as had been rumored previously. The document indicated that, if adopted, virtual asset service providers would need to verify the name and address of non-custodial wallet users for any transaction exceeding
As institutional capital continues entering Bitcoin, SkyBridge Capital announced on Monday that it has an "approximately $310 million" position in the asset.
SkyBridge, which is led by Anthony Scaramucci, is an alternative investment fund operated in the U.S.
In the press release announcing the position, SkyBridge claimed
MicroStrategy has been one of the largest buyers of bitcoin in recent months.
The American business services company deployed $250 million into Bitcoin over August, then an additional $175 million in September. These two investments represented the first and second time a publicly-traded corporation had bought bitcoin for investment purposes.
