Michael Saylor’s Strategy (MSTR) added 13,927 bitcoin to its treasury over the past week at an average price of about $71,902 per coin, for a total cost of roughly $1 billion, according to a Monday filing. The purchase brings the company’s total holdings to 780,897 BTC, acquired for approximately $59.02 billion at an average cost
As the crypto market is attempting to recover from the difficult volatility of the past weekend, legendary analyst and trader with 50 years of experience Peter Brandt has presented an updated Bitcoin outlook. The verdict at the start of the week is rather philosophical — patience is the highest virtue, and new all-time highs for
Stock market investors may be overlooking one interesting metric at Strategy (MSTR), the largest publicly traded holder of bitcoin : the capital market measure known as amplification. Amplification compares the size of the Michael Saylor-led company’s total debt and debt-like instruments, such as preferred stock, to its stash of 766,970 $BTC. As amplification rises, like
Weekend talks between US and Iranian delegations on a ceasefire did not go as planned. The failure of the talks in Islamabad, the capital of Pakistan, to yield the desired result has once again caused markets to fall. Bitcoin ($BTC), which had risen to $74,000, was rejected once again as the talks ended without a
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Capital B, a publicly traded company based in France, continues to increase its Bitcoin investments. In a statement made on the social media platform X, the company announced that it recently purchased 37 Bitcoins for approximately €2.3 million. This latest purchase brings the company’s total Bitcoin holdings to 2,925. According to data shared by Capital
The bitcoin market has faced familiar problem since prices rose above $70,000 last week: a sharp rise in profit-taking. More than $20 million worth of BTC has been sold per hour in profit realization, according to blockchain analytics firm Glassnode. “Every approach to the $70k–$ 80k band faces thin liquidity and profit-taking pressure, capping the
Just yesterday, CoinDesk reported that despite lingering war risks, analysts foresee bitcoin rallying to $88,000 and higher on the back of several crypto-specific factors, including bullish market flows. But now, some 16 hours later, the price chart is saying: not so fast. Bitcoin’s price has run directly into one of the most pivotal technical levels
Bitcoin looks weak in the short term as both spot and futures flows point lower, yet a separate monthly chart shows the market entering a historical accumulation area. Together, the setups suggest near term pressure may continue even as long term risk reward begins to improve. Bitcoin Faces Fresh Selling Pressure as Spot and Futures