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Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency

The Motley Fool

Under Saylor's direction, MicroStrategy bought its first $250 million of Bitcoin in 2020. Prior to 2020, most investors knew the company as a slow-growth provider of data mining and analytics software. 10, 2024, its holdings had grown to 279,420 Bitcoins with an overall purchase price of $11.9 billion and a market value of $24.5

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Plug Power Stock: Buy, Sell, or Hold?

The Motley Fool

Many of its investors retreated after the dot-com bubble burst in 2000; its growth cooled off; and it struggled with accounting issues from 2018 to 2020. Plug didn't properly disclose the losses from those incentives, so it had to go back and restate all its financials at the end of 2020 for the previous three years.

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4 Reasons Why Auto Insurance Rates Are Unlikely to Fall in 2024

The Motley Fool

Between 2019 and 2020, the median personal injury judgment spiked by nearly 25%. One thing you want to avoid: lowering your liability coverage. But maintaining higher liability coverage offers financial protection in a worst-case scenario. Insurers also report a run-up in median lawsuit values. for the same period.

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How to Find Affordable Auto Insurance Amid Rising Rates

The Motley Fool

Image source: Getty Images Auto insurance rates increased by 36% between January 2020 and January 2024, according to ABC News. Read more: check out our picks for the best car insurance companies Once you know how much your vehicle is worth, speak with an insurance agent about whether liability coverage makes more sense in your case.

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Better Buy: Archer Aviation vs. Rocket Lab USA

The Motley Fool

However, that's still a lot of red ink compared to its $360 million in cash and equivalents and $150 million in total liabilities in its latest quarter. Its revenue soared sevenfold from $35 million in 2020 to $245 million in 2023, but that still slightly missed its pre-merger target of $267 million.

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The Underrated Benefits of Fully Understanding Your Car Insurance Policy

The Motley Fool

Spot easy opportunities to reduce your car insurance premium With car insurance rates up 37% since January 2020, millions of Americans are looking to cut their auto insurance premiums in 2024. Property Damage Liability $100,000 $70.06 $100,000 $72.13 1 Vehicle No. Medical Payments $5,000 $11.83 $5,000 $9.40 1: $421.38

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Better Bitcoin Stock: MicroStrategy vs. Marathon Digital

The Motley Fool

So, in 2020, MicroStrategy Chief Executive Officer Michael Saylor directed the company to start buying Bitcoin with an initial purchase of $250 million. Its total liabilities have more than quadrupled since the end of 2020, and analysts expect its core business to be unprofitable during the next few years.