🚀 MicroStrategy continues its BTC accumulation strategy, buying another 27,200 BTC for $2.03 billion. The company currently holds 279,420 BTC, worth $24.9 billion. The stock is up 418% in 2024 but revenue still misses expectations. What do you think of this strategy? 🤔
🔍 Coinbase launches COIN50 Index, tracking 50 digital assets. Targets emerging markets, excluding the US, UK and Canada. At the same time, Coinbase acquires Utopia Labs to develop onchain payment infrastructure.
📈 Kaiko acquires Vinter, expanding its crypto index and analytics in Europe. This is Kaiko's third acquisition, following Kesitys and Napoleon Index.
📉 MARA Holdings drops 9% after reporting Q3 earnings that missed expectations. Revenue up 34.5% but still short of forecast. Operating expenses increased by $40 million, resulting in a net loss of $124.8 million.
💳 MoonPay introduces MoonPay Balance, a new payment tool that allows you to store and spend fiat balances. Supports self-custody wallets such as MetaMask, Phantom. Available in the UK and most European countries.
Let’s discuss more about this news in the comments! 👇