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MicroStrategy CEO Touts "Opportunity" To Take On More Leverage, Says Value Generated From Bitcoin Holdings "Expected To Outperform" If Price Of King Crypto Rises

MicroStrategy Inc. (NASDAQ:MSTR) is considering increasing its leveraged bets on Bitcoin (CRYPTO: BTC), signaling its readiness to amplify a strategy that has already inflated its Bitcoin holdings to over $14 billion. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

This Nvidia Partner And Bitcoin Miner Stock Could Surge By 50%, Say Analysts

Frankfurt-based tech company Northern Data (OTC:NDTAF) has seen a significant change in its business model, which has caught the eye of investment bank Berenberg. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Jack Dorsey"s Block Announces Development Of "Full Bitcoin Mining System"

Jack Dorsey's Block Announces Development Of 'Full Bitcoin Mining System' Authored by Turner Wright via CoinTelegraph.com, Payments firm Blo.....»»

Category: personnelSource: nytApr 24th, 2024

Stock market today: Indexes stage rallies ahead of mega-cap earnings

Tesla will report earnings after the closing bell on Tuesday, followed midweek by Meta. The market broke a six-day losing streak on Monday. Tesla will report earnings for the first three months of 2024 after the close on Tuesday.Just.....»»

Category: dealsSource: nytApr 22nd, 2024

Bitcoin Mining Stocks Are Rising Monday: What"s Going On?

The halving is a programmed process in the bitcoin protocol that occurs every 210,000 blocks, or approximately every four .....»»

Category: blogSource: benzingaApr 22nd, 2024

New York Stock Exchange Seeks Opinion If It Should Trade 24/7 Like Bitcoin, Ethereum As SEC Examines Steve Cohen-Backed Proposal

The New York St.....»»

Category: blogSource: benzingaApr 22nd, 2024

Latest Bitcoin Halving Could Cost Miners Billions Of Dollars In Revenue: Report

On Friday, the Bitcoin (CRYPTO: BTC) network underwent its fourth halving since 2012, a pivotal event that halved the mining reward — the amount of Bitcoin awarded read more.....»»

Category: blogSource: benzingaApr 20th, 2024

Is Bitcoin Halving Like A Stock Split? Binance Founder Changpeng Zhao Says "No" — Offers Insights On Post-Event Dynamics

Changpeng Zhao, the former CEO of Binance, recently clarified that Bitcoin (CRYPTO: BTC) halving is not akin to a stock split, emphasizing the nascent stage of cryptocurrency understanding. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Cathie Wood Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant"s Stock, Loads Up On Bitcoin And Ethereum ETFs

As Tesla, Inc. (NASDAQ:TSLA) fell for a fifth straight session on Thursday, breaching a significant psychologica read more.....»»

Category: blogSource: benzingaApr 19th, 2024

Cathie Wood"s Ark Invest Sells $20M+ Coinbase Shares As Bitcoin Trades Over $70K, Buys Palantir, Sells Nvidia Stock

On Thursday, Cathie Wood’s Ark Invest made significant trades involving Coinbase Global, Inc. (NASDAQ:COIN), Palantir Technologies Inc. (NYSE:PLTR), and Nvidia Corp. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Pfizer Stock Rises on Upbeat RSV Vaccine Trial Data

Pfizer Inc (NYSE: PFE) stock is up 1.7% at $27.04 at last check, following news a late-stage trial of its respiratory syncytial virus (RSV) vaccine Abrysvo generated an immune response in higher risk adults under the age of 60. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Cathie Wood-Led Ark Invest Continues To Sell Coinbase Shares, Despite Uptick In Bitcoin, Loads Up On Palantir Stock

On Wednesday, Cathie Wood-led Ark Invest sold shares of Coinbase Global, Inc. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

Why Bitcoin-Linked MicroStrategy Along With Adial Pharmaceuticals, Alpine Immune Sciences, Marin Software, And Tesla Are On Investors" Radars Today

On Wednesday, key U.S. stock indexes closed lower, as the Dow Jones I.....»»

Category: blogSource: benzingaApr 10th, 2024

A Golden Divergence: Are Laggard Miner Stocks a Bargain as Gold Rallies?

Logical correlations feel good; divergences can make investors uncomfortable. Yet, as the gold price moves in one direction and gold-mining ... Read more.....»»

Category: blogSource: valuewalkApr 10th, 2024

Chinese Crypto Exchanges Continue To Suspend Services Amidst Regulatory Uncertainty

Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»

Category: blogSource: benzingaMay 25th, 2021

Bitcoin"s loss is the stock market"s gain as investors rotate out of crypto and into equities, Vanda Research says

"With momentum in cryptocurrencies stalling, we expect some of the money to slowly .....»»

Category: dealsSource: nytMay 25th, 2021

Bitcoin Mining Council faces critics

Some Twitter users called the council "an attack on Bitcoin" while others claimed the group would drive the currency's mining and transaction costs higher, amount to a bigger waste of energy and make it less viable for payments.....»»

Category: topSource: foxnewsMay 25th, 2021

Cracker Barrel stock rallies after big profit beat, dividend restarted

Shares of Cracker Barrel Old Country Store Inc. jumped 1.9% in premarket trading Tuesday, after the restaurant and retail company reported a big fiscal third-quarter profit beat and restarte.....»»

Category: topSource: marketwatchMay 25th, 2021

Elon Musk Might Reconsider His Stance On Bitcoin Mining, Asks Followers To Help Dogecoin Developers

Tesla Inc (NASDAQ: TSLA) CEO said he had talked with Bitcoin (CRYPTO: BTC) miners. And they might have changed his mind about the environmental impact of bitcoin mining. read more.....»»

Category: blogSource: benzingaMay 24th, 2021

Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly

Musk attended a discussion hosted by MicroStrategy's CEO on establishing standards for the industry's energy reporting and ESG goals. Bitcoin mining uses huge amounts of energy. Andia/Gett.....»»

Category: topSource: businessinsiderMay 24th, 2021