MicroStrategy Acquires 2,530 Bitcoin For $243M, Reaching 450,000 BTC In Total Holdings

BenzingaJan 13 09:28 ET

The arrangement for Trump's inauguration ceremony has been announced: it is expected to cost 0.037 million dollars per minute.

① The inauguration activities of the president-elect Trump in the USA have been announced, including an official party, a MAGA rally, and a large fireworks display, with multiple events taking place at Trump's golf course outside Washington, D.C. ② Trump's inaugural committee has raised over $0.17 billion, expected to reach $0.2 billion, spending $0.037 million per minute, far exceeding the record of $8,600 per minute set during Obama's first inauguration.

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'Buckle Up for Another Surge,' Says Investor About MicroStrategy Stock

TipRanks19:27 ET

At the moment of Bitcoin's plummet, the "heavy holder" MicroStrategy (MSTR.US) decisively made a purchase! They shouted, "Buy Bitcoin, abandon debt."

The co-founder of MicroStrategy spoke at the ICR conference held in Orlando, and the company currently holds Bitcoin worth approximately 41 billion dollars.

Zhitong Finance19:08 ET

Hold Positions exceeding 41 billion USD, MicroStrategy Chairman Saylor advocates: US debt is "toxic," quickly buy Bitcoin.

Michael Saylor, co-founder and Director of the USA's MicroStrategy, stated that companies should buy Bitcoin because Bonds are "toxic." During the ICR conference held in Orlando on Monday, Saylor compared the ROI of Bitcoin and Bonds since 2020 in a presentation and noted that since the company adopted the Bitcoin purchasing strategy, crypto Assets have risen while Bonds have fallen. "This applies to any company," Saylor said in his keynote speech at the conference, "every company has to make a choice: stick to the past," and buy USA Treasury Bonds.

Global Market Report19:07 ET

Top Gap Ups and Downs on Monday: DELL, RACE, CVS and More

Moomoo News18:00 ET · Markets