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The cryptocurrency community recently marked a significant milestone—16 years since Bitcoin was conceived and birthed into the world by its pseudonymous creator, Satoshi Nakamoto. This anniversary has rekindled interest and reflection among enthusiasts and investors alike, especially in light of an intriguing statement purportedly made by Nakamoto back in January 2009. The quote, shared by
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In a significant announcement echoed through social media, Michael Saylor, the founder and executive chairman of MicroStrategy, declared his company’s ambition to further ramp up its Bitcoin holdings by raising an additional $2 billion. This move aligns with MicroStrategy’s overarching strategy encapsulated in their 21/21 initiative, which aims to collect $21 billion to fund cryptocurrency
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Investors have increasingly scrutinized MicroStrategy, the prominent business intelligence firm, as it adopts a bold strategy of accumulating Bitcoin. This shift, especially palpable at the turn of last year, has led to comparisons with the notoriously volatile meme stocks—those often favored by retail investors through social media platforms. The company’s trajectory suggests both soaring potential
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The recent revelation from the District of Columbia’s chief financial officer, Glen Lee, indicates a financial upswing for the city, showcasing an impressive $169.7 million revenue increase compared to previous estimates. This surge primarily stems from one-time litigation proceeds and year-end accounting adjustments for previous cost recoveries. While this may seem like positive news at
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As the municipal bond market enters the first full week of the New Year, various developments are shaping investor sentiment. On the final trading day ahead of this exciting week, municipal bonds exhibited firmness amidst a landscape where U.S. Treasuries experienced slight declines. The anticipated influx of over $5 billion in new issue supply is
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