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Better Buy: Bitcoin or MicroStrategy?

After a huge post-election rally, Bitcoin (CRYPTO: BTC) just hit another all-time high, and is on the cusp of breaking through the $100,000 mark for the first time ever. To answer that question, you first have to understand how MicroStrategy has fundamentally changed its business over the past few years. It started in August 2020, when it became the first publicly traded company to buy Bitcoin as part of its capital allocation plan.

Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin

MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor has revealed that the company is minting $500 million a day as Bitcoin (CRYPTO: BTC) inches closer to $100,000 for the first time in its history. What Happened: Saylor, who has been all-in on Bitcoin for years now, has revealed an insane statistic – MicroStrategy's holdings of the top cryptocurrency have appreciated by as much as $5.4 billion over the last two weeks. In an interview with CNBC, Saylor broke down MicroStrategy's gains, say

Bitcoin Treading Water Below $100,000 With Big Target In Sight

(Bloomberg) -- Bitcoin has spent the weekend so far trading well shy of the landmark $100,000 level, once again dashing enthusiasts’ hopes that the oldest of digital assets would breach that significant financial — and psychological — threshold.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeNYC Mayor Adams Names Jessic