Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first

Venezuelan opposition leader María Corina Machado‘s proposal to include BitcoinBTC$63,931in the country’s national reserves appeals to both Venezuelans and Bitcoin supporters alike. BTC $63,931 However, there’s a lingering distrust in the country’s political system and uncertainty over whether this proposal could realistically help the current crisis or if it’s just political posturing. On Sept. 6,…

Read More

MicroStrategy should lend Bitcoin to boost yield — Analyst

MicroStrategy’s BitcoinBTC$63,942buying spree has been a “key driver of its stock’s outperformance,” and the company should consider “beginning to generate yield by lending out a portion of its Bitcoin holdings,” according to a Sept. 24 analyst report shared with Cointelegraph. BTC $63,942 The company’s stock, MSTR, could be worth $215 per share if MicroStrategy continues…

Read More
Back To Top