The board of directors at Rumble approved a corporate treasury diversification into Bitcoin of upto $20 million.
The optimism that Bernstein analysts are sharing is deeply rooted in three factors.
MicroStrategy solidifies its position as the largest corporate Bitcoin holder, now owning 386,700 BTC, which it acquired for $21.9 billion.
The $2.86 billion Bitcoin options expiry could trigger short-term volatility, particularly as traders anticipate Bitcoin reaching the $100,000 mark.
As Bitcoin inches toward the $100,000 mark, MicroStrategy’s stock has experienced notable volatility. MSTR shares closed at $397.28 on Thursday, marking a sharp 25% decline from its all-time high of $536.70.
Bitcoin price rallied to a new all-time high of about $99.5K earlier today catalyzed by ongoing institutional FOMO.
Bitcoin boom is pushing more investors to explore high risk, high reward products to maximize profit.
Stablecoin inflows have hit a record $9.7 billion over the past month suggesting that the Bitcoin and broader crypto market rally is far from over.
Deribit’s futures market shows that traders and investors have rested their hopes on Bitcoin and its potential growth in the coming months.
Institutional adoption of Bitcoin continues to accelerate, as evidenced by the substantial inflows into spot Bitcoin ETFs. These products have emerged as a regulated and secure gateway for institutions seeking exposure to the crypto market.
Over the past year, Bitcoin’s value has more than doubled, with a sharp 40% jump in just two weeks following Trump’s victory.
Kiyosaki views BTC as a pathway to financial independence and asked his followers via the X post to “be smarter” and invest in the world’s largest cryptocurrency.
Michael Saylor is arguably one of the loudest advocates of Bitcoin.
Bitfinity’s Bitcoin Layer 2 solution bridges the gap between Bitcoin and Ethereum ecosystems.
Metaplanet has continued to boost its total Bitcoin holding with a fresh 124 BTC purchase