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Next Bitcoin Crash? Insight On Genesis’ $1.5 Billion GBTC Sale

The crypto community has been abuzz with discussions surrounding Genesis’ intent to sell approximately 36 million shares of Grayscale Bitcoin Trust (GBTC), a move valued around $1.5 billion. This announcement stoked fears of a potential market downturn, reminiscent of the apprehensions following the FTX bankruptcy estate’s sale of over $1 billion worth of GBTC. However, a […] дальше »

2024-2-14 14:30


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MicroStrategy pivots to Bitcoin development, flaunts $3.5 billion in unrealized profit

MicroStrategy is rebranding into a Bitcoin development company to reflect the success it enjoys with the flagship digital asset. In a Feb. 12 CNBC interview, Michael Saylor, the company’s executive chairman, said: “MicroStrategy is now a Bitcoin development company, in the same way you would see a real estate or petroleum developer. дальше »

2024-2-14 17:47