MicroStrategy announced it had purchased 18,300 Bitcoin for $1.11 billion, boosting its total holdings to 244,800 BTC acquired for $9.45 billion. The business intelligence firm, led by Bitcoin bull Michael Saylor, has been steadily accumulating Bitcoin as part of its corporate strategy since 2020. MicroStrategy's latest billion-dollar purchase was conducted at an average price of

Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin's rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe could further boost BTC and risk-on investments. Earlier this summer, Federal Reserve Chair Jerome Powell

Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to action to get out the crypto vote in the upcoming 2024 elections following previous

Major cryptocurrencies like bitcoin and ether were little changed. XRP and dogecoin were notable exceptions, with XRP's increase linked to Grayscale's new fund. Bitcoin has added more than 6% this week, putting it on track for the first weekly gain in three weeks. However, there has been a notable decrease in transactions over $100,000, with

Formerly a business software firm but now calling itself a bitcoin development company, MicroStrategy (MSTR) has added 18,300 bitcoins (BTC) to its multibillion-dollar holdings. The new purchases was made at an average price of $60,408 per token, Executive Chairman Michael Saylor said in an X post on Friday morning, boosting the company's holdings to 244,800