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MicroStrategy (MSTR) continues its Bitcoin (BTC) accumulation strategy, with fresh purchases nearly every month. This has seen the company emerge as the fourth-largest BTC holder. However, as Bitcoin’s price rises, the company’s BTC cost basis rises, increasing the risk that a steep price correction could push its holdings below the net asset value (NAV). If
The post Here’s What Would Happen if MicroStrategy’s Bitcoin (BTC) Holdings Fell Below NAV appeared first on CoinGape.
In a move aimed at bolstering marine conservation efforts, the British government announced on Monday its intention to broaden the prohibition on bottom trawling,...
Apple is expected to take a bold leap forward in software innovation during its Worldwide Developers Conference (WWDC) on Monday, 9 June. Central to...
Stablecoin issuer Circle has finally gone public following its successful initial public offering (IPO), which beat expectations. The USDC issuer’s stock, CRCL, will trade...
Elon Musk’s Starlink has been granted a Global Mobile Personal Communication by Satellite (GMPCS) licence by India’s Department of Telecommunications (DoT), becoming the third...