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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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Cantor Fitzgerald executive: MicroStrategy's stock price will pump about 20% to $613
Odaily Planet Daily News Cantor Fitzgerald's Director of Encryption and Digital Asset Research, Brett Knoblauch, believes that MicroStrategy's (MSTR) stock price will reach $613, meaning a pump of about 20% from the current price of $518. Knoblauch also believes that the surge in BTC after the US election is a factor driving the pump in MSTR's stock price. The expert also calculated that MicroStrategy can issue $6.7 billion of common stock, $2 billion of preferred stock, $18 billion of debt, and continue to increase its holdings of BTC to support his forecast. (Seek Alpha)