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Microstrategy

2 stories on Microstrategy, newest first.

2 min read2 sourcesBearish

Bitcoin tumbles to $60K as markets digest oil surge and Japan risks

Bitcoin has fallen back to the $60,000 support level amid a combination of headwinds: rising oil prices, economic concerns spreading from Japan, and fresh selling pressure from major holders. Separately, Adam Back's Bitcoin Standard Treasury has scrapped its planned merger with a Cantor Fitzgerald SPAC after initially seeking to renegotiate terms.

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2 min read4 sources

FBI Director's Undisclosed Stock Holdings in Bitcoin-Focused Firm Spark Concern

FBI Director Kash Patel failed to disclose stock holdings worth between $100,001 and $250,000 in MicroStrategy (ticker MSTR), a major Bitcoin investment vehicle, within the required timeframe. Patel claimed no conflict of interest despite MSTR being a registered U.S. government contractor, though the shares have since lost significant value.

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