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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Sam Bankman-Fried & Michael Saylor Defend Bitcoin Mining on Twitter – BeInCrypto

The CEOs of FTX and MicroStrategy commented on Senator Warren’s claim that cryptocurrency mining was killing the planet. 
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Twitter saw a small spat recently between Senator Elizabeth Warren and a pair of cryptocurrency CEOs.

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MicroStrategy Adds Another 5,050 BTC to Holdings, Now Holds 114K BTC – BeInCrypto

MicroStrategy has now spent more than $420 million on Bitcoin this quarter as it continues to invest. 
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Corporate Bitcoin Whale, MicroStrategy, has announced another massive purchase of Bitcoin on Monday.

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MicroStrategy doles out $240M on additional Bitcoin purchase

Business intelligence outfit and corporate Bitcoin (BTC) whale MicroStrategy has increased its BTC ownership with the additional purchase announced on Monday.
MicroStrategy CEO Michael Saylor announced the purchase of 5,050 BTC for about $242.9 million at an average of $48,099 per coin.

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Gold, Stocks, and Bitcoin: Weekly Overview — September 9 – BeInCrypto

This week’s price movements for Bitcoin (BTC), gold, and our stock picks Robinhood and MicroStrategy.
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BTC
Bitcoin’s week turned out rather poorly, after sustaining above the $50,000 mark, which it managed to breach on September 2.

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MicroStrategy Options Sold Off by Company Executives – BeInCrypto

MicroStrategy Chief Financial Officer Le Phong and Chief Technology Officer Timothy Lang exercised about 30% of their options in August.
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On Aug 26, Lang exercised 10,000 options then sold all the converted shares, receiving approximately $7.1 million.

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MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors

MicroStrategy’s stock, MSTR, is preparing to undergo a massive bull run in the sessions ahead.
So shows a technical setup, dubbed inverse head and shoulder, that has a history of predicting upside moves with an accuracy of 83.44%, as per Samurai Trading Academy’s research.

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Saylor picks up another 3,907 Bitcoin ahead of Friday’s $2 billion options expiry

25% of all Bitcoin was exchanged in this key price range
The past few months have seen billions of dollars worth of Bitcoin shift from the hands of HODLers to newer holders, such as legacy institutions, technology firms, family offices, and fund managers.

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