Why I Capitulated And Started Buying MSTR

Follow Nikolaus On 𝕏 Here For Daily Posts Look, I know I am late to the party. I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy. Yet, this past Friday, for the first time since 2018, I bought stocks — specifically MicroStrategy (MSTR) and a couple other companies also holding bitcoin on their balance sheets. It was something I never thought I’d do again. In 2018, I sold all my stocks…

Bitcoin: Use It Or Lose It

Whenever concerns surrounding Bitcoin’s long term prospects’ going in a negative direction surface, a common refrain of dismissal is “Well tell us what to do about it then.” This is used to dismiss all concerns of regulation leading to regulatory capture, of deeper involvement of certain entities leading to higher risks to the consensus process, of any type of failure mode that involves Bitcoin’s censorship resistance and ability to enable freedom eroding really. “Well what’s your plan?” Use Bitcoin. Bitcoin consensus orbits around two important variables, economic actors and miners.…

AI-driven Genius Group stock soars 11% as firm expands Bitcoin Treasury to $30 million

Key Takeaways Genius Group stock rose 11% after the firm expanded its Bitcoin Treasury to $30 million. The company reported a 1,649% BTC yield since its initial acquisition in November. Share this article Genius Group Limited (GNS) stock rose 11% to approximately $0.72 in early US trading Monday after the AI-driven education company said it had expanded its Bitcoin holdings to $30 million, according to Yahoo Finance. The company increased its Bitcoin Treasury by $10 million, bringing its total holdings to 319.4 Bitcoin, according to a Monday statement. The expansion…