# BTC holds K as Evergrande forms ‘Lehman Brothers moment’ for China

# BTC holds $48K as Evergrande forms ‘Lehman Brothers moment’ for China

“# BTC holds $48K as Evergrande forms ‘Lehman Brothers moment’ for China ” Bitcoin (BTC) cautiously held $48,000 on Thursday as excitement brewed over a boost thanks to China seeing its “Lehman Brothers moment.”  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tether executive reassures on Evergrande Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading…

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# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

“# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies ” The value of MicroStrategy’s massive Bitcoin (BTC) holdings has surpassed what most S&P 500 companies hold in their cash treasuries. The Nasdaq-listed enterprise software firm purchased an additional 5,050 Bitcoin for about $242.9 million, raising the value of its 114,042 BTC holdings…

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