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MicroStrategy (MSTR) continues its Bitcoin (BTC) accumulation strategy, with fresh purchases nearly every month. This has seen the company emerge as the fourth-largest BTC holder. However, as Bitcoin’s price rises, the company’s BTC cost basis rises, increasing the risk that a steep price correction could push its holdings below the net asset value (NAV). If
The post Here’s What Would Happen if MicroStrategy’s Bitcoin (BTC) Holdings Fell Below NAV appeared first on CoinGape.
US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...
Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...
Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...
The Bank of Russia has issued a directive for financial institutions to prepare for the integration of the digital ruble. The move aims to...
