Bitcoin24h $82,698.50-0.32%

Ethereum24h $1,811.95+0.33%

XRP24h $2.06+2.88%

BNB24h $592.35+0.66%

Solana24h $117.05-2.55%

Dogecoin24h $0.1611-1.39%

Cardano24h $0.6504+1.51%

TRON24h $0.2377+1.61%

Toncoin24h $3.62-5.99%

UNUS SED LEO24h $9.44+0.60%

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.

Is retail back or is MicroStrategy only pumping the price of bitcoin?

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.

Bitcoiners applauded a post by Marty Bent’s TFTC that claimed Michael Saylor convinced the Hawk Tuah girl to buy bitcoin.

Buterin was addressing recent comments by Michael Saylor on bitcoin custody and the role that banks should play in it.