MicroStrategy (MSTR) has once again added more bitcoin (BTC-USD) holdings to its portfolio, purchasing an additional $1.11 billion worth of the cryptocurrency. This brings MicroStrategy's total bitcoin position to over 244,000 coins. Catalysts co-hosts Seana Smith and Madison Mills break down the details. Catch MicroStrategy CEO Michael Saylor's full interview with Yahoo Finance from August. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.