Bitcoin News Daily Official TheBitTimes.com

According to Farside Investors, BlackRock’s Bitcoin (BTC) ETF, IBIT, purchased $38.2 million worth of BTC on Apr. 15. The world’s largest asset manager had earlier bought $36.7 million worth of BTC on Apr. 14. BTC’s price witnessed a rally on both days of BlackRock’s BTC buying spree. Also Read: Pi Coin April 2025: Price to Jump 230% This Month? $2 Peak In Sight Bitcoin Recovers Amid BlackRock’s Big Purchase Source: Reuters BTC’s price fell to below $75,000 during the market crash earlier this month. The crash was most likely due to the US imposing tariffs on multiple trade partners. The original cryptocurrency recovered after President Trump announced a 90-day tariff pause on all countries except China. Also Read: Shiba Inu Vs. Dogecoin: Which Can Turn $1000 To $1 Million First? BTC is currently down 1.7% in the daily charts and 0.9% in the 14-day charts. Despite the pullback, the asset is up 8.8% in the weekly charts, 0.9% in the monthly charts, and...

Continuing the strategy that has done the company so well, Michael Saylor’s MicroStrategy has purchased another $1.5 billion worth of Bitcoin. Indeed, the company’s CEO took to X (formerly Twitter) to share the news on the latest purchase of 15,400 BTC for the company. The move comes as the leading cryptocurrency experienced unprecedented success in November. Moreover, the software intelligence firm has reaped the rewards of unwavering faith in the cryptocurrency’s potential. As it looks to reach six figures for the very first time in the coming year, it could be set to continue benefiting from the ongoing accumulation strategy. https://twitter.com/saylor/status/1863569873713955156 Also Read: MicroStrategy (MSTR) Stock Surges 10% as Bitcoin Climbs MicroStrategy Buys More Bitcoin as Holdings Surpass 402,000 BTC 2024 has proven to be the year of Bitcoin. The asset has been a focal point of the finance sector and has had the best year of its existence. Its success went in...

The same day that the firm announced it raised $1 billion to buy more BTC, Michael Saylor’s MicroStrategy announced it had purchased an additional $458 million worth of Bitcoin. Indeed, the company announced that it has acquired 7,420 BTC in its latest acquisition effort In a press release, the company confirmed that it now holds a remarkable 252,220 BTC after its latest purchase Friday. Saylor took to X (formerly Twitter) to announce the acquisition, stating that the firm paid $61,750 per Bitcoin in the most recent installment of its holding strategy. MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin and has achieved BTC Yield of 5.1% QTD and 17.8% YTD. As of 9/19/2024, we hodl 252,220 $BTC acquired for ~$9.9 billion at ~$39,266 per bitcoin. $MSTR https://t.co/JUtgztpzBu — Michael Saylor️ (@saylor) September 20, 2024 Also Read: Bitcoin: Michael Saylor Says BTC Will Eventually Reach $13M MicroStrategy Adds 7,420 BTC as Its Total Holdings Value...