Bitcoin24h $92,162.15+0.47%

Ethereum24h $3,102.96-1.00%

Solana24h $239.94-1.69%

BNB24h $614.70-1.39%

XRP24h $1.10-5.99%

Dogecoin24h $0.3921+5.12%

Cardano24h $0.7295-2.43%

TRON24h $0.2018-1.58%

Shiba Inu24h $0.0000+0.07%

Avalanche24h $34.39-3.26%

Four companies buy bitcoin on leverage as NASDAQ lists options

Bitcoin is not only rallying after the re-election of Donald Trump but is further fueled by corporate leverage at four public companies.

All bitcoin models destroyed: Stock-to-Flow, Power Law, Rainbow

Whether bitcoin will destroy all models or only some is up for debate. But for most publicized models, it seems intent on a destructive path.

Crypto exchange Coinbase briefly ranked 8th in the US App Store, coinciding once again with bitcoin’s price rallies.

World Liberty Financial is still approximately 32% off its revised fundraising goal, despite the endorsement of President-elect Trump.

In 2023, MicroStrategy’s average bitcoin purchase price was near $30,000. Today, that average has jumped to near $50,000.