Cryptocurrencies
MicroStrategy buys another 205 bitcoins, for $10 million
MicroStrategy Inc. disclosed that it just spent $10.0 million in cash to buy 205 bitcoins on Friday. The enterprise software and bitcoin holder said it paid an average price of $48,888 for each bitcoin, including fees. Bitcoin were recently down 1.1% at $47,909, while MicroStrategy shares shed 2.3% in premarket trading. The company said as of March 5, it holds about 91,064 bitcoins, which were acquired at total spend of $2.20 billion at an average price of about $24,119 per bitcoin. MicroStrategy's stock has soared 96.9% over the past three months through Thursday, while bitcoin prices have rocketed 156.4% and the S&P 500 has gained 1.9%. 8:16 a.m. March 5, 2021
Bitcoin may replace bonds, Cathie Wood says
Bitcoin should be considered a new asset class, one that may even serve as a reserve currency in the future, ARK Invest’s Cathie Wood said Thursday. 8:50 a.m. March 4, 2021
Biden’s SEC, CFPB picks Gensler and Chopra face senators’ questions: live blog
Follow along with MarketWatch for a live blog of Tuesday’s confirmation hearings for President Joe Biden’s nominees to head the Securities and Exchange Commission and the Consumer Financial Protection Bureau, where meme stocks, cryptocurrencies and student loans will be in the spotlight. 1:08 p.m. March 2, 2021
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Check bitcoin and cryptocurrency prices, performance, and market capitalization, in one dashboard.
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‘It can be super, super easy, or it can be insanely complicated’: Need to report bitcoin trades to the IRS? Read this first.
For the first time, the IRS is asking about virtual currency transactions on the first page of its main income tax form.
9:20 a.m. March 1, 2021
MicroStrategy spent $15 million to buy 328 bitcoins on Monday
Shares of MicroStrategy Inc. surged 6.6% in premarket trading Monday after the enterprise software and bitcoin holder disclosed that on Monday, it paid $15 million in cash to buy about 328 bitcoins. The company said it paid an average price of about $45,710 per bitcoin, including fees and expenses. Bitcoin was recently up 7.1% at $48,360 in early trading Monday. As of March 1, MicroStrategy said it has paid out $2.19 billion to buy about 90,859 bitcoins, at an average purchase price of about $24,063 per bitcoin. MicroStrategy's stock has soared 131.6% over the past three months through Friday, while bitcoin has run up 156.3%, the SPDR S&P Software & Services ETF has advanced 15.1% and the S&P 500 has gained 4.1%.
8:23 a.m. March 1, 2021
Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires
The recent rise of bitcoin toward all-time highs is creating millionaires, on paper, at a fairly rapid clip, according to data from BitInfoCharts.
3:46 p.m. Feb. 28, 2021
