FlowBank

1180 days ago

Are we going to see firms following the steps of Microstrategy (MSTR) to become Bitcoin investment pools? If so, expect higher BTC prices down the road
Morgan Stanley now owns 10.9% of  MicroStrategy, a company best known for holding over $2 billion in bitcoin. A few months ago, Microstrategy (MSTR) decided to gradually "pivot" away from its legacy business model (BI software) to become what is essentially a publicly-traded bitcoin investment pool. The company has become a defacto bitcoin proxy (cash flow positive at that) for all those investment managers who are limited in their exposure to bitcoin. If other firms decide to follow the steps of Microstrategy and transform their business into Bitcoin investment pools, we might see Bitcoin trading much higher - source: www.zerohedge.com, SEC filings.
Microstrategy (MSTR) holdings by Morgan Stanley

1182 days ago

Mother of all Bubbles ? #BTC

Bank of America have compared the price rise in Bitcoin this year versus other historic price rises

Mother of all Bubbles ? #BTC

1183 days ago

Unstoppable? Bitcoin now at $38k

The monster rally continues 

Unstoppable? Bitcoin now at $38k

1183 days ago

The Crypto Market Value reaches $1 Trillion following Bitcoin gains

This is a massive growth. The cryptocurrency market cap is five times what it was only a year ago. Among the reasons for the surge, we have the speculation from retail traders, the trend-following quant funds as well as the interest of rich and institutional investors. Note that Bitcoin quadrupled in the past year, and that it makes for about two thirds of the total market.

Crypto market cap at 1 trillion

1183 days ago

Bitcoin on the Everest: breaching the 37k mark

The price rockets as the demand keeps soaring. Is there an end to the climb? Some call for a massive bubble, but J.P. Morgan announces a $146'000 estimate this year.

bitcoin surges to 37k
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