This week in crypto markets: MicroStrategy continues reshaping its balance sheet as a major Bitcoin holder. The company has grown its USD reserve by $748 million, bringing total holdings to $2.19 billion alongside ₿671,268 in Bitcoin—signaling aggressive accumulation despite broader market volatility. Meanwhile, institutional appetite for Ethereum remains strong, with BitMine deploying $300 million into the asset. On the equity side, Citigroup cut MicroStrategy's price target significantly, from $485 to $325 per share, reflecting analysts' reassessment of the stock's valuation amid macro headwinds. These moves underscore how major players are positioning themselves: building crypto reserves while traditional valuations face downward pressure.

BTC-0,76%
ETH-1,4%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)