Bitcoin24h $80,740.04+0.37%

Ethereum24h $2,327.66+0.58%

XRP24h $1.42-0.83%

BNB24h $647.74-0.94%

Solana24h $93.36-0.22%

TRON24h $0.3503-0.32%

Dogecoin24h $0.1086-2.15%

Hyperliquid24h $42.87-2.48%

Zcash24h $605.36-2.61%

Cardano24h $0.2703-2.01%

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.

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

MicroStrategy executives boasted about the ability to yield higher bitcoin exposure per MSTR share over time. We read the fine print.