Bitcoin24h $62,895.83+0.21%

Ethereum24h $1,867.10+0.25%

BNB24h $576.67-1.53%

XRP24h $1.06+0.14%

Solana24h $72.76-0.42%

TRON24h $0.3282+0.66%

Hyperliquid24h $52.38-3.42%

Dogecoin24h $0.0701+1.42%

UNUS SED LEO24h $9.77+0.02%

Zcash24h $469.25+2.77%

Michael Saylor has lost voting control of MicroStrategy

Michael Saylor’s Class B MicroStrategy stock outvoted Class A 10:1, but so much Class A now exists that he has lost voting control.

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.

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.