MicroStrategy’s Bitcoin Investment Surpasses $2 Billion in Profit
Microstrategy has now realised more than $2 billion in profits directly from its repeated investments in Bitcoin.
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Microstrategy has now realised more than $2 billion in profits directly from its repeated investments in Bitcoin.
A new 2023 BTC ATH has been registered at $42,100.
According to Matrixport, Bitcoin would rise close to its current all-time high by April, and hit $125K by end of 2024.
Bitcoin exchange outflows, interest rate cuts, Bitcoin halving, ETF approval are among many factors that could trigger a mega bull run in 2024.
Amazon’s Titan Image Generator offers a user-friendly interface akin to using Stable Diffusion (SDXL), providing a solid blend of control and versatility.
At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion.
The correlation between Bitcoin price action and the stock market has continued to widen amid ongoing crypto regulatory pressures in the United States.
As Zhao steps down, he will transfer his voting rights to a proxy. However, authorities stated that Binance.US is not part of the $4.3 billion settlement of its global entity.
Bitcoin price is likely to push higher in December despite the regulatory pressure in the United States as the Fed struggles to lower inflation to 2 percent.
Berkshire Hathaway acknowledged the notable contribution and announced that Charlie’s family would handle all the affairs pursuant to his instructions.
Shein has hired three US-based financial companies – Goldman Sachs, JPMorgan Chase, and Morgan Stanley – as underwriters for the upcoming IPO.
COIN is presently trading at $119 after closing at $115 on November 27, which is the highest close since May 2022. The price now has minimal resistance ahead as it is moving toward $130, the May 2022 high.
Economists at Deutsche Bank foresee 175 basis points in rate cuts in 2024.
Nvidia is also working on two other chips, the L20 and L2, for the Chinese market. According to the Reuters report, one of the chips, L20, is not facing delays and is expected to launch according to the original schedule.
Popular trader Bitcoin Jack expressed doubt about BTC hitting $42,000, pointing out that the Binance and ETF news failed to significantly alter market dynamics