Microsoft (MSFT) on Wednesday offered commentary on its earnings call that is a positive read-through to bitcoin miners, Cantor Fitzgerald
On May 22, 2010, a man in Florida spent 10,000 Bitcoin — the current-day equivalent of $1 billion — on pizza. The event, which marked the first digital currency transaction ever made for a physical item,
Microsoft ( MSFT -2.14%) is in talks to purchase TikTok, according to President Trump. Although Microsoft has declined to comment so far, it was the top bidder back in 2020, before talks collapsed alongside Trump's departure from office.
Bitcoin is down Monday, but MicroStrategy keeps buying, revealing its 12th straight weekly BTC purchase as its stash nears $50 billion.
The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial Times he wants to spend billions of the country's euro reserves on bitcoin.
Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has disclosed that it owns over $500 billion worth of MicroStrategy (MSTR) equities. The fund also recently revealed its 2024 investment returns, collecting heavy profits from the US tech stock markets.
Either MicroStrategy’s Michael Saylor is a visionary, or he’s a delusional egomaniac,” Forbes observed in 1998, during the company’s first incarnation as a Wall Street highflyer.
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple earnings.
As attention on Chinese startup DeepSeek and its artificial-intelligence model led to a $1 trillion wipeout in the U.S. stock market on Monday, shares of bitcoin miners with exposure to artificial intelligence also tumbled.
The report comes as tech stocks, led by the Magnificent Seven—think Apple, Microsoft, Google, and their mega-cap friends—take a hit after DeepSeek’s debut.
Bitcoin was sharply down and dipped below psychological 100K support in early Monday trading. The price dropped around 6% in Asian session, in the biggest session drop in a weeks, mainly driven by ...
Tesla’s core business underperformed in Q4, missing analyst expectations for both earnings and revenue. Microsoft’s Q2 results were strong but fell short of expectations for