Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Ebube Jones

Twenty One Capital Stock Jumped on a Major Bitcoin Pivot. Here’s What It Will Take for the Momentum to Last.

Bitcoin is still drawing interest from investors looking for public-market ways to gain exposure to the asset as institutional participation keeps building around it. Strategy (MSTR) alone said it bought 24,869 Bitcoin for $2.01 billion over the past week, lifting its total holdings to 843,738 tokens at an average cost basis of $75,700 per coin.

Bitcoin itself has also pulled back to around $77,000 after trading at a multi-month high, keeping attention on companies built around large Bitcoin treasuries and related operating businesses.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.