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Bitcoin True Believers Bask in I-Told-You-So Glow at $100,000

(Bloomberg) -- Anthony Scaramucci, the hedge-fund manager hired and fired by Donald Trump in his first term as president, jokes that he owes his ex-boss a token of thanks.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic Jams“I probably have to buy Donald Trump a Christmas gif

Hedge Funds Make MicroStrategy Wall Street’s Hottest Trade

(Bloomberg) -- To sate his multibillion dollar rampant appetite for Bitcoin, Michael Saylor has tapped demand from retail investors transfixed by MicroStrategy Inc.’s more than 500% rally this year. He’s also benefited from hedge funds who care far less where the stock trades. Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh M