Michael Saylor compared bitcoin to New York City and its economy on Monday as the cryptocurrency rose to new records.

Peter Schiff, the relentless gold maximalist and Bitcoin hater, has set his sights on Michael Saylor and his company MicroStrategy, accusing them of manipulating BTC price. The sharp allegations followed Bitcoin’s meteoric rise to an all-time high of $106,

Michael Saylor, the chief architect behind MicroStrategy’s Bitcoin investment strategy, recently suggested that the company has made another Bitcoin purchase—potentially its first at an average price exceeding $100,

MicroStrategy shares rose about 3% on Monday as the software company and bitcoin buyer was set to join the tech-heavy Nasdaq 100 index, further brightening the prospects of the stock. The $25.7 trillion index that houses the largest non-financial companies will now gain indirect exposure to bitcoin via MicroStrategy,

MicroStrategy announced Monday that it acquired another 15,350 bitcoins, bringing its total holdings to of the token to 439,000.

MicroStrategy shares rose in premarket trading Monday after Bitcoin set a new record high and the company's stock was added to the Nasdaq 100 index. Monitor these important chart levels.

Trump said on Friday the US would do "something great with crypto," fueling fresh excitement about the prospect for a national bitcoin reserve.

Bitcoin continued its post-election rally Sunday, hitting a new record high above $106,000, days after President-elect Donald Trump again suggested the creation of a national strategic reserve of the cryptocurrency.

The world's largest cryptocurrency briefly passed $106,000 (£83,890) and was trading at more than $105,000 in Asia trade on Monday morning. The incoming Trump administration is s