News with the tag "Bitcoin Investment Strategy"

MicroStrategy’s Michael Saylor has posted the same Bitcoin chart for five consecutive Sundays, and every time, MicroStrategy confirmed a new Bitcoin purchase the following day.

If successful with its fundraising, Metaplanet could purchase roughly 652 extra Bitcoin for $62 million.

El Salvador’s pioneering commitment to Bitcoin has proven profitable, with recent data showing that the country’s BTC holdings have generated impressive returns. In November 2022, President Nayib Bukele introduced a bold strategy: buy one Bitcoin daily during the price slump. With Bitcoin’s recent s...

Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.

Shares in Metaplanet and Semler Scientific are up double and triple digits since the firms followed MicroStrategy’s Bitcoin playbook this year.

Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16.

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter.