Nasdaq-listed business intelligence firm MicroStrategy has announced it bought just over $1 billion worth of bitcoin, adding an additional 19,452 BTC to its treasury. The company now holds 90,531 bitcoin worth over $4.5 billion.
Analysts at Goldman Sachs have argued that bitcoin isn’t going to eat gold’s lunch, nor is gold going to be taking over bitcoin’s role. Instead, both assets will coexist.
German fintech firm Solarisbank is launching a regulated cryptocurrency custody service with a brokerage and trading API. The firm currently provides Samsung and other companies with a range of APIs for digital banking and payments.
Top stories in the Crypto Roundup today:
- MicroStrategy Buys 19,452 BTC for $1 billion
- Bitcoin and Gold Won’t ‘Cannibalize’ Each Other, Goldman Sachs Analysts Say
- Solarisbank Launches Licensed Crypto Brokerage Service
- Daily Movers – FTM, MATIC, SRM