Investment bank Citi (C) initiated coverage of Strategy (MSTR) with a buy/high risk rating and a $485 price target, positioning the stock as a leveraged bet on bitcoin BTC$113,197.67. MSTR shares were 1.5% higher in early trading on Tuesday, around $301. The price target reflects Citi’s 12-month bitcoin forecast of $181,000, representing 63% upside from
Bitcoin BTC$112,463.21 is catching a bid on Tuesday as the record rally in precious metals reverses in a big way. Gold saw a 5% decline to $4,130, its biggest daily drawdown in years. Silver also tumbled nearly 8%. The metals had surged over the past few months fueled by central banks moving into monetary easing
Leading cryptocurrency Bitcoin (BTC) experienced sharp declines in October, known as the historically bullish month. At this point, Bitcoin has continued its decline despite its traditional upward trend in October and is still searching for direction. Analyst James Van Straten said Bitcoin continues to struggle in October, one of the strongest months in history. The
Hyperscale Data revealed that the value stored in its Bitcoin treasury now represents around 66% of the company’s total market capitalization based on the previous closing stock price. Summary Hyperscale Data’s Bitcoin holdings have reached around 150.21 BTC ($16.3 million) through mining and open-market purchases, with $43.7 million in additional funds. The company aims to
Samson Mow has never been the type to drop careful forecasts wrapped in disclaimers, and his latest prediction once again shows why he has become one of the loudest voices in Bitcoin (BTC) circles. In a post that already pulled in tens of thousands of views, he said that once BTC crosses $1 million per
German fintech company aifinyo AG (Ticker: EBEN) has announced its ambitious plan to become Germany’s first pure-play Bitcoin treasury company, with a target of accumulating over 10,000 Bitcoin by 2027. The announcement marks a significant milestone for corporate Bitcoin adoption in Europe’s largest economy. The company has already invested €3 million in Bitcoin purchases, complemented
Over 160 publicly listed companies have now adopted bitcoin as a core treasury strategy, collectively holding nearly a million BTC, about 4% of circulating supply. What began as a bold experiment by one firm has morphed into a global playbook: raise capital, buy bitcoin, and deliver partial equity exposure to bitcoin through a listed vehicle.
On Oct. 21, bitcoin traded at $108,463 to $109,421 over the last hour, with a 24-hour price range between $107,557 and $111,555. The market capitalization stood at $2.16 trillion, while trading volume over the same period totaled $58.95 billion. Bitcoin Chart Outlook A review of the daily chart indicates that bitcoin remains in a clear
Bitcoin’s next leg may take its cue from gold’s run, according to analyst Colin Talks Crypto, who tracked the historical pattern where gold leads Bitcoin by about 80 days. His latest overlay compares BTC, gold, and Global M2 and shows gold sprinting while Bitcoin lags. The read is simple in that if the lead-lag holds,
Bitcoin (BTC) is witnessing sustained bouts of volatility, aligning with the broader market sentiment, with an artificial intelligence (AI) model projecting that the asset is likely to trade below $110,000 by November 1. Indeed, the market has been weighed down by ongoing trade tensions, which have dampened Bitcoin’s hopes for a swift recovery. By press