MicroStrategy's share price has faced a prolonged plunge, falling 45% from its November peak as the firm's Bitcoin buys get smaller.

Key Takeaways The price of Bitcoin along with a number of cryptocurrency-related stocks like Coinbase and MicroStrategy are rising Thursday morning.The assets rallied in the weeks following Donald Trump's election victory in November,

MicroStrategy announced on August 11, 2020, its first bitcoin purchase where it bought 21,454 bitcoins for $250 million or an average of $11,653. Over the past four plus years it has bought a total of 444,262 bitcoins for about $27.7 billion or $62,257 each.

MicroStrategy Inc. said it bought $209 million of Bitcoin, marking the eighth consecutive week of purchases for the dot-com-era software maker turned leveraged proxy for the original cryptocurrency.

The large-cap token racked up triple-digit gains in both 2023 and 2024. Here's why crypto bulls should be worried.

MicroStrategy bought about $209 million of bitcoin in the past week, making it eight weeks in a row that the company has acquired more of the digital currency.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.

Bitcoin has soared 60% since the election, breaking new highs and reigniting interest in cryptocurrency markets! With a crypto-friendly administration poised to take charge, policies are expected to further boost Bitcoin,

Bitcoin (BTCUSD) has had a tremendous run in 2024, with its price up more than 113% on a year-to-date basis. Still-high inflation and President-elect Donald Trump's support for the cryptocurrency led to the new-age safe-haven asset reaching new heights.