MicroStrategy Shares Plans to Become a Bitcoin Developer
According to its founder Michael Saylor, MicroStrategy strives to position itself as a developer of Bitcoin and related products.
According to its founder Michael Saylor, MicroStrategy strives to position itself as a developer of Bitcoin and related products.
Bukele announced the issuance of $1 billion in Bitcoin bonds, which will take place before the end of the first quarter of 2024.
According to MicroStrategy, it acquired an addition of 850 BTC in January, bringing its total holdings to 190,000 BTC.
According to analysts from DecenTrader, Bitcoin is expected to experience a sell-off after its halving event, testing the resolve of investors.
Last week, more than $700 million was invested into Bitcoin-focused investment vehicles.
This week, Vice President Felix Ulloa reaffirmed that the government has no intention of repealing the law recognizing Bitcoin as a means of payment.
Mining pool reserves have reached their lowest level since July 2021.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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