SOS Ltd., a commodity trading firm, saw its stock trade higher after the firm announced its Board of Directors approved a $50 million investment to purchase Bitcoin.
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Category: Bitcoin
Marathon Adds Another 700 BTC to Holdings, Plans Further Purchases with $160M Reserve
Marathon Digital (MARA) continues to solidify its position as a major Bitcoin holder, adding 703 BTC in November.
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MicroStrategy Lost $30 Billion in Bitcoin Market Dip
Michael Saylor’s MicroStrategy reportedly fell 35 percent from its November 21 peak – effectively wiping $30 billion worth of market capitalization following a recent Bitcoin dip, global capital markets commentary platform The Kobeissi Letter said in a November 26 X post. However, the Virginia-based software firm’s strategy was up nearly 8 percent on Wednesday.
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Long-Term Bitcoin Holders Sold 728,000 BTC in 30 Days – CryptoQuant
The sell-off coincides with Bitcoin’s recent price surge near $100,000, sparking questions about motivations.
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Brazilian Lawmaker Proposes Bitcoin Reserve to Diversify National Assets
Brazilian Congressman Eros Biondini has introduced a bill proposing the creation of a national Bitcoin reserve.
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Why The Bitcoin Price Falling 8% In 4 Days Means We Could Break $100,000 Sooner Than You Think
These are all the reasons why the bitcoin price drop means breaking through $100,000 is nearer than you think
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Best Crypto to Buy Now November 26 – INJ, FTM, PEPU
Bitcoin (BTC) bears are in control of the market on Tuesday and, with other altcoins also mostly in the red, investors are busily scouring the market on the hunt for the best crypto to buy now to benefit from the market dip.
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Bitcoin Dances Around $100k, While Elon Musk Fires Shots At Jim Cramer For Suspected BTC Price “Reversal” Role
Bitcoin slips to $93,839 amid technical resistance and market reaction to Jim Cramer’s endorsement. Key levels to watch: $93,500 support and $95,161 resistance.
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Best Crypto to Buy Now November 25 – SAND, LDO, UNI
Traders are rotating out of Bitcoin (BTC) and into altcoins on Monday as they look for the best crypto to buy now that might deliver quick gains.
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Michael Saylor’s MicroStrategy Buys 55,000 More Bitcoin
MicroStrategy, spearheaded by Michael Saylor, disclosed a $5.4B Bitcoin purchase, adding 55,000 BTC to its holdings. With a total of 386,700 BTC now acquired for $21.9B, the company remains one of the largest corporate investors in cryptocurrency. SEC filings reveal strategic funding via convertible notes.
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