Tag: market

MicroStrategy’s $42B Bitcoin Strategy: A Major Triumph for MSTR?

Manish Kumar

MicroStrategy, under CEO Michael Saylor, has committed to acquiring Bitcoin as a primary treasury reserve asset. The company has implemented a strategy of continuously purchasing Bitcoin, viewing it as a hedge against inflation and a way to preserve capital over the long term.   MicroStrategy aims to leverage its Bitcoin holdings to enhance its balance sheet and overall corporate strategy. This includes using Bitcoin for various operational purposes and exploring ways to integrate blockchain technology into its existing software solutions.   Michael Saylor’s MicroStrategy has set an ambitious goal to…

Sensex Dips Below 80,000: Is China Stealing Dalal Street’s Diwali Sparkle?

Manish Kumar

Market sees volatility as foreign investors shift focus amid weak Q2 earnings Market Decline Continues as Foreign Investors Pull Out Indian stock markets are reeling from a wave of volatility, with the Sensex dipping below the 80,000 mark amid continuous foreign investor exits. On Friday morning, the Sensex dropped by 628.64 points, touching 79,436.52, while the NSE Nifty50 lost 254.30 points, trading at 24,145.10. This steep slide reflects growing caution among investors who have been shaken by weak Q2 earnings and a massive withdrawal of funds by Foreign Institutional Investors…