MARA Holdings buys another $1.1 BTC, hits industry-first 50 EH/s
MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record.
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MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record.
The National Center for Public Policy noted that MicroStrategy’s stock outperformed Amazon’s stock by 537% due to its Bitcoin strategy.
Microsoft’s shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor’s pitch Orange Pill the tech giant? What are the stakes […]
If successful with its fundraising, Metaplanet could purchase roughly 652 extra Bitcoin for $62 million.
Metaplanet’s latest Bitcoin purchase makes it the second-largest corporate Bitcoin holder in Asia behind Boyaa Interactive International, which holds 1,100 BTC.
Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.
Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.
