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On Tuesday, Bitcoin mining company Riot Platforms, Inc (NASDAQ:RIOT) priced its upsized private offering of $525 million 0.75% convertible senior notes due 2030.
But since Bitcoin (CRYPTO: BTC) entered the scene in the early 2010s, it's run circles around Wall Street's major stock indexes. In May 2010, a single Bitcoin could be purchased for less than $0.01.
In the bond market, the yield on the 10-year Treasury edged down to 4.17% from 4.18% late Wednesday. The S&P 500 fell 11.38 points to 6,075.11. The Dow sank 248.33 to 44,765.71, and the Nasdaq ...
MicroStrategy stock jumped nearly 5% Monday as investors reacted to the company’s latest bitcoin purchase and its upcoming addition to the Nasdaq 100.The software firm-turned-bitcoin whale said ...
MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%.
A bitcoin crash could trigger a broader stock market decline, Interactive Brokers' Thomas Peterffy says. Rising leverage in bitcoin futures poses significant risks to broader assets, Peterffy said.
Bitcoin surpassing $100,000 is a bullish signal for stock investors, according to Fundstrat's Tom Lee.. The longtime crypto bull said investors were showing their appetite for risk assets. Lee saw ...
But wherever MicroStrategy stock or Bitcoin go from here, Saylor embraces volatility and isn't afraid to stick his neck out. Even before the Bitcoin boom, he once lost $6 billion in a single day ...