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Citron noted that it was still bullish on Bitcoin but was hedging that bet with a short position in MicroStrategy. The company's stock plunged 16% last Thursday when Citron published its short report.
Bitcoin's (CRYPTO: BTC) price hit an all-time high of $103,332 on Dec. 4. Bitcoin's price has pulled back to about $97,000 as of this writing, but it remains up more than 120% over the past 12 months.
The software-company-turned-bitcoin-play disclosed earlier this week it purchased another 51,780 bitcoins for approximately $4.6 billion in cash at an average price of just over $88,500 per ...
Gold's current market cap is nearly $18 trillion, while Bitcoin's is still around $2 trillion. If you believe Bitcoin will be around for a while, there's clearly long-term upside potential as it ...
According to billionaire tech executive Michael Saylor, who founded software company MicroStrategy, the world's top cryptocurrency could soar 18,600% from its current price of $69,300 (as of the ...
That sky-high price target would represent a near 15,000% gain from its current price. In a CNBC interview, Saylor predicted that Bitcoin will eventually grow from 0.1% of the world's capital to 7 ...
The oldest and largest cryptocurrency took a history-making step on Wednesday evening. After getting close and moving back a few times, Bitcoin (CRYPTO: BTC) finally crossed the $100,000 price ...
Their purpose is to keep the futures contract price close to Bitcoin's actual spot price. When the funding rate is positive, long positions pay a fee to short positions, indicating a higher demand ...
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