Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged 8% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price Read More
Bitcoin briefly dived below the $73,000 mark on Tuesday, hitting its lowest price in nearly 16 months. The world’s oldest cryptocurrency sank as low as $72,884.38, falling more than 6% on the day. That’s its lowest level Read More
Bitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn’t one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis. “There’s nothing going Read More
Strategy CEO Michael Saylor brushed off concerns about the company’s credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. “If Read More