MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

The value of MicroStrategy’s massive Bitcoin (BTC) holdings has surpassed what most S&P 500 companies hold in their cash treasuries.
The Nasdaq-listed enterprise software firm purchased an additional 5,050 Bitcoin for about $242.9 million, raising the value of its 114,042 BTC holdings to nearly $5.

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Ready to deploy? Amazon’s Bitcoin acceptance can prime a payments future

Maybe Amazon really isn’t preparing to accept Bitcoin (BTC) as payment for its goods and services before year’s end, and perhaps Apple isn’t in fact adding $2.5 billion of Bitcoin to its balance sheet — although both events were reported recently, they are still unconfirmed.

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3 reasons why Bitcoin can suddenly explode to a new $50K-$65K range

A combination of multiple indicators tracking Bitcoin (BTC) blockchain would continue the benchmark cryptocurrency’s price rally further into 2021, popular on-chain analyst Willy Woo anticipates.

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October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move

The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike above $40,000 the day before that helped ignite a rally across the market and brought a renewed sense of optimism to the market.

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Bitcoin Remains Bullish After Shaking on Amazon Rumors | Crypto Briefing

Key Takeaways

Bitcoin has dipped below $40,000 after Amazon denied rumors it would be accepting crypto payments.
The erratic price action has led to significant liquidations across the board.
Still, Bitcoin sits on top of stable support with little to no resistance ahead.

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Amazon plans to accept Bitcoin payments this year, claims insider

An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions.

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