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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Bitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases

Bitcoin (BTC) prices briefly fell below $44,000 on Thursday as the United States Dollar strengthened after the U.S. Federal Reserve policy minutes revealed its intentions to limit its bond-purchasing program this year.
Bitcoin risks $45,000 becoming new resistance 
The spot BTC/USD rate dropped 1.

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Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high

Bitcoin (BTC) and the U.S. dollar fell in tandem while the S&P 500 refreshed its record high at open on Friday as the Federal Reserve’s preferred inflation indicator surged to its highest levels in almost three decades.

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Bitcoin may lose $30K price level if stocks tank, analysts warn

The ghost of stock market crash is back again to haunt Bitcoin (BTC).
It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across developed and emerging economies.

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Bitcoin and Ethereum Indices Debut on S&P Dow Jones | Crypto Briefing

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Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021

A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could do so by 2024.
The survey conducted by Gartner comes on the back of news that Tesla invested 8%, or $1.

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Bitcoin’s Inferred Value Surpasses That of the Russian Ruble – BeInCrypto

According to data compiled by podcast Crypto Voices, bitcoin’s inferred value is now higher than the entire currency of the Russian ruble.

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Assetdash.com also says that Bitcoin is the No. 21 largest asset by market cap in the world.

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