Bitcoin's unique blend of qualities — being finite, a currency, a store of value, and a groundbreaking technology — has led it to outperform gold by a factor of four over the last year.
MicroStrategy Inc. said it bought $209 million of Bitcoin, marking the eighth consecutive week of purchases for the dot-com-era software maker turned leveraged proxy for the original cryptocurrency.
Bitcoin’s price blasted through $100,000 in December after the election of Donald Trump, who promised to usher in a new era in crypto for the US. During his presidential campaign, Trump vowed to ...