MicroStrategy’s $42B Bitcoin bet is bullish for shareholders: Analyst
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans.
Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
The company’s flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization.
‘Crypto is not going anywhere’ — Florida chief financial officer
Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.
Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B
Tether’s consolidated profit in 2024 has reached $7.7 billion, with $14.2 billion in equity and total assets of $134.4 billion.