MicroStrategy buys 1,070 Bitcoin for $101M, yield reaches 74%

Key Takeaways MicroStrategy bought 1,070 Bitcoin for $101 million, raising its total holdings to 447,470 BTC. The company’s Bitcoin yield reached 74% in 2024. Share this article MicroStrategy said Monday it had acquired 1,070 Bitcoin for $101 million between Dec. 30 and 31, boosting its total holdings to 447,470 BTC, valued at around $44.3 billion at current market prices. MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01/05/2025, we…

XRP Eyes $11, But a Correction Might Come First: Analyst

Este artículo también está disponible en español. XRP, the cryptocurrency behind Ripple, has been a hot topic lately, with analysts predicting a possible price increase to $11. However, before this can happen, XRP has to face a significant challenge: a short-term price correction. Despite the positive long-term view, the asset is expected to face a pullback before any meaningful rally can take place. Resistance at $2.73 is currently the key level XRP must overcome for further price movement. Crypto analyst Ali Martinez sees this resistance as crucial for the maintenance…