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MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
According to the financial heavyweight Mark Yusko, the bitcoin price may reach as high as $100,000 in 2021.
The bitcoin price has had a good start to the week and is approaching $13,000.
Now, a real heavyweight in the financial industry has revealed where he believes the world’s biggest cryptocurrency may end up at the end of this rally.
Investment adviser Morgon Creek Capital’s CEO Mark Yusko says he believes bitcoin will reach $30,000 in the near future.
“[This rally] will probably take us into the $30,000 level before we get another little correction,” he told CNBC, adding that bitcoin may reach $100,000 as soon as 2021.
Bitcoin’s upward rally has even had a positive impact on its competitors. Some altcoins have gone up as much as five percent, Cointelegraph reports.
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
In times of economic uncertainty and market volatility, Bitcoin has gained recognition as a safe haven asset. Its ability to provide investors...
Hong Kong's Securities Futures Commission (SFC) is preparing to release cryptocurrency exchange licensing guidelines in May, as reported by...