MicroStrategy reports loss of $53 million, stock plunges
The company holds $13.6 billion worth of Bitcoin, which represents 1% of the cryptocurrency's total supply
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The company holds $13.6 billion worth of Bitcoin, which represents 1% of the cryptocurrency's total supply
In their Hong Kong debut on Tuesday, six spot Bitcoin and Ether exchange-traded funds (ETFs) delivered mixed performances amid relatively tepid trading, reflecting the city's assessment of Asian investors' interest in cryptocurrency assets.
And the spot Bitcoin ETFs in the U.S. are also struggling
"It has happened. It is real. You may not want to believe it, but I place a 25% chance that Bitcoin has already topped for this cycle," Brandt said.
Prosecutors had asked that the executive, who pleaded guilty in the case last year, serve three years.