The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin ( BTC 1.17%) accounts for more than half of that value, thanks to its market capitalization of almost $2 trillion.

Bitwise Chief Investment Officer Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc. (NASDAQ:MSTR) would be inaccurate, as companies buying the apex cryptocurrency is now a “bona fide megatrend.

The MicroStrategy CEO is buying as much of the cryptocurrency as he can. Some big-name investors are going along for the ride.

Despite the competitive memecoin market, the “Official Trump” (TRUMP) token quickly reached a $6.9 billion market capitalization. It was immediately listed on major exchanges, including Bybit, Bitget, and KuCoin. The memecoin launched with 200 million tokens in circulation and a total supply of up to 1 billion, with 80% allocated to the issuers.

MicroStrategy Inc. is considering perpetual preferred stock to fund its Bitcoin strategy, aiming to offer 1.5x returns and volatility. Trump admin may support crypto industry and repeal SEC rule.

Crypto hedge fund Wintermute predicts a potential Dogecoin DOGE/USD ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States.

MicroStrategy has further solidified its position as a leading corporate Bitcoin holder by purchasing another 2,530 BTC.

President-elect Donald Trump's victory in early November sent the entire sector surging. Trump has promised a friendlier regulatory environment toward crypto and even growth policies that will make the U.

Altcoins have had a strong run in recent months, but JPMorgan expects bitcoin to be the main attraction in crypto in 2025.

Software firm MicroStrategy and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s everything you need to know.

We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other stocks that were skyrocketing on Friday.