Business

MicroStrategy took advantage of the weekend sell-off in bitcoin and bought more, adding to its $4.5 billion stake

1 month ago   |   By Business Insider

Summary List Placement
MicroStrategy viewed the 10% sell-off in bitcoin over the weekend as a buying opportunity, according to a filing with the SEC on Monday.
The firm said it purchased 328 more bitcoin over the weekend at an average price of $45,710.
MicroStrategy now owns 90,859 bitcoin worth as much as $4.5 billion as of Monday morning.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Bitcoin staged a 10% sell-off over the weekend, but MicroStrategy viewed the correction as a buying opportunity, according to a filing made with the SEC on Monday.
MicroStrategy...
Read more ...

 

MicroStrategy took advantage of the weekend sell-off in bitcoin and bought more, adding to its $4.5 billion stake

MicroStrategy took advantage of the weekend sell-off in bitcoin and bought more, adding to its $4.5 billion stake

1 month ago   |   By Business Insider

Summary List Placement
MicroStrategy viewed the 10% sell-off in bitcoin over the weekend as a buying opportunity, according to a filing with the SEC on Monday.
The firm said it purchased 328 more bitcoin over the weekend at an average price of $45,710.
MicroStrategy now owns 90,859 bitcoin worth as much as $4.5 billion as of Monday morning.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Bitcoin staged a 10% sell-off over the weekend, but MicroStrategy viewed the correction as a buying opportunity, according to a filing made with the SEC on Monday.
MicroStrategy...
Read more ...

 




The Amazon unionizing battle follows a familiar pattern as union accuses the...

The Amazon unionizing battle follows a familiar pattern as union accuses the company of 'illegal and egregious' actions

Summary List Placement As votes against forming a union at an Amazon warehouse Bessemer, Alabama outnumber pro-union ballots in an apparent landslide victory, organizers are... Read more ...

8 expert predictions ahead of Coinbase's hotly anticipated IPO next week

8 expert predictions ahead of Coinbase's hotly anticipated IPO next week

Summary List Placement Coinbase's debut on the Nasdaq on April 14 has been eagerly awaited, especially by cryptocurrency bulls who view the listing as a milestone for the... Read more ...

Fine with a fine: Alibaba accepts all-time high $2.8bn penalty from Chinese...

Fine with a fine: Alibaba accepts all-time high $2.8bn penalty from Chinese antitrust regulator

China's antitrust regulators have hit Alibaba Group, the world's largest e-commerce corporation, with an 18.2 billion yuan fine, the highest penalty of its kind on record. The... Read more ...

Bernie Sanders applauds the 'courage' of Amazon workers for taking on the...

Bernie Sanders applauds the 'courage' of Amazon workers for taking on the tech giant, says failed union vote will inspire other unionization efforts

Summary List Placement Sen. Bernie Sanders applauded Amazon workers at the Bessemer, Alabama, factory for taking on the company, even as a majority of votes were against... Read more ...

House Ethics Committee launches probe into Rep. Matt Gaetz over allegations...

House Ethics Committee launches probe into Rep. Matt Gaetz over allegations of sexual misconduct

Summary List Placement The House Ethics Committee announced Friday that it was launching an investigation into GOP Rep. Matt Gaetz of Florida over allegations of sexual... Read more ...

Tucker Carlson embraces white-supremacist 'replacement' conspiracy theory...

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Summary List Placement Fox News host Tucker Carlson, one of the most influential voices on the political right, explicitly endorsed the white supremacist "Great Replacement... Read more ...

A guide to Bixby Home, the hub where you can access Samsung's digital voice...

A guide to Bixby Home, the hub where you can access Samsung's digital voice assistant

Summary List Placement Bixby is the voice assistant for Samsung devices, similar to Siri on Apple devices and Alexa on Amazon products. Related Article Module: What is Bixby? A... Read more ...

Credit Suisse reins in hedge fund limits following $4.7 billion loss tied to...

Credit Suisse reins in hedge fund limits following $4.7 billion loss tied to Archegos Capital, report says

Summary List Placement Credit Suisse is reining in limits on hedge funds following the $20 billion Archegos Capital meltdown, according to a Bloomberg report . The financial... Read more ...

Levi Strauss surges 9% on booming sales forecast, and one analyst says the...

Levi Strauss surges 9% on booming sales forecast, and one analyst says the stock will surge another 25% from here

Summary List Placement Levi Strauss & Co. stock surged as much as 9% to a record high on Friday after the denim maker announced better-than-expected earnings and a booming... Read more ...

Amazon employees in Alabama have voted against forming a union

Amazon employees in Alabama have voted against forming a union

Summary List Placement Amazon workers at the company's warehouse in Bessemer, Alabama have voted against forming what would have been the first-ever Amazon workers' union in... Read more ...