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Metaplanet Boosts Bitcoin Holdings With $6.7 Million Investment
8.10.2024
Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition...
What Causes the Kimchi Premium? South Korean Experts Explain
18.3.2024
Kimchi premium crypto price discrepancy is driven by a lack of South Korean corporate investment in Bitcoin, say South Korean experts.
The post What Causes the Kimchi Premium? South Korean Experts Explain appeared first on Cryptonews
FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue
7.9.2023
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets
Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition
20.10.2021
Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency...
Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets
5.5.2021
On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans...
Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year
23.12.2020
On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on...