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.
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.