Michael Saylor's big Bitcoin move coincides with a jump in Bitcoin mining stocks.
Bitcoin traders are still reeling from a 50% price crash since October, with the cryptocurrency finding a floor near $60,000.
Bitcoin prices climbed significantly in early July, rising from approximately $58,250 on July 1 to nearly $64,000 by July 6.
14hon MSN
Can Trump save Bitcoin?
The president says he has "saved" crypto, but some believe he could do more to halt Bitcoin's ongoing decline.
Even in a cryptocurrency bear market, the massive asset management firm continues to find new ways to serve its client base.
Strategy sold 3,588 bitcoin under its $1.25 billion ‘monetization’ program at an average price of around $60,000, company ...
This next bull cycle will be driven by the same factors as always, but with a major new risk on the radar.
Earlier, bitcoin fell toward $60,000 after Strategy disclosed the sale of more of its holdings of the token.
The Bitcoin giant has reversed its crypto-hoarding strategy amid a broader market downturn.
Bitcoin bounced back Monday after President Trump called himself “a big crypto guy” and gave a positive, if noncommittal, ...
Strategy's growing obligations could become a much bigger story if Bitcoin fails to recover.
Strategy raised $216 milliion with the sale of 3,588 bitcoin last week, sending prices lower earlier on Monday.
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