Bitcoin was changing hands near $16,600 on Wednesday, about 1% down in the past 24 hours. The cryptocurrency is heading for its worst yearly returns since 2018. Stocks have also hit a brutal patch in 2022, with major US indexes headed for their worst annual returns since 2008. Bitcoin remained uncharacteristically uneventful on Wednesday, trading…
MicroStrategy buys another 2,500 BTC to bring total to 132,500
MicroStrategy reportedly bought approximately 2,500 BTC between 1 November and 24 December, 2022. The company now holds 132,500 BTC acquired for approximately $4.03 billion. MicroStrategy did however sell 704 BTC for $11.8 million on 22 December for what it termed as tax benefits. MicroStrategy, a publicly traded company that’s the world’s largest corporate holder of…
Bitcoin price vs Tesla stock: Which is a better buy in 2023?
Bitcoin price outperformed Tesla in 2022. The two assets faced numerous challenges during the year. Bitcoin seems like a better investment in 2023. Bitcoin price has had a terrible performance in 2022. It has crashed by 64% this year, making it one of its worst year on record. Tesla is doing much worse. Down by…