Bitcoin24h $83,690.05-1.69%

Ethereum24h $1,818.95-3.23%

XRP24h $2.05-3.45%

BNB24h $599.99-0.65%

Solana24h $118.51-5.97%

Dogecoin24h $0.1642-4.52%

Cardano24h $0.6517-4.36%

TRON24h $0.2335-1.60%

Toncoin24h $3.72-8.82%

UNUS SED LEO24h $9.42+0.31%

MicroStrategy bitcoin purchases aren’t stopping premium decline

MicroStrategy’s premium to its bitcoin holdings, sometimes called its NAV premium, has dropped one-third from its November all-time high.

Michael Saylor copies Grayscale, tells US to crash gold for BTC

The MicroStrategy chief advised the US government to purposefully dump its gold reserves solely to acquire over one-fifth of bitcoin’s supply.

Bitcoin hit an all-time high above $100K on Wednesday, yet MicroStrategy fell 4.8% the following day and closed 28% below its all-time high.

With bitcoin above $100,000, FT Alphaville took a moment to half-heartedly apologize for 13 years of consistently negative coverage.

Bitcoin’s price hit an all-time high of $103,000, placing it squarely at the head of a global crypto market worth a colossal $3.88 trillion.