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Dutch Professional Football Club AZ ‘Confident’ About Bitcoin’s Future, Keeps BTC on Balance Sheet
2.7.2021
Dutch professional football club AZ has formed an exclusive partnership with a regulated cryptocurrency exchange platform, Bitcoin Meester. Part of the sponsorship amount is paid in bitcoin and AZ will leave the cryptocurrency on its balance sheet during the collaboration. The club says it is...
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
15.5.2021
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies...
E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury
6.5.2021
Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets....
TIME Magazine Gets Into Bitcoin: Partners With Grayscale, Will Hold BTC on Balance Sheet
13.4.2021
TIME Magazine will be holding bitcoin on its balance sheet, the company’s president has confirmed. TIME is also partnering with Grayscale Investments to produce a video series on cryptocurrency and has agreed to be paid in bitcoin. TIME Magazine Will Hold Bitcoin on Balance Sheet TIME...
Norwegian Oil Billionaire Says BTC Could Be Worth Millions of Dollars Each — Puts Liquid Company Assets in Bitcoin
9.3.2021
Billionaire Kjell Inge Rokke’s company, Aker, has established a new business dedicated to bitcoin. Rokke believes that bitcoin could “become the core of a new monetary architecture” and each coin could be “worth millions of dollars.” His new company “will keep...
Microstrategy Acquires Another $10 Million in Bitcoin, Company Balance Sheet Nears 100K BTC
5.3.2021
On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange...
Most Finance Chiefs Still Balk at Bitcoin on the Balance Sheet: Survey
16.2.2021
Bitcoin's legendary volatility is seen as a major concern barring corporate investments, according to Gartner
Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
16.2.2021
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans to sell $600 million in convertible senior notes to qualified institutional buyers in order to...
US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor
15.2.2021
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could...
Apple Well Positioned to Offer Crypto Trading — Analyst Says Company Should Hold Bitcoin in Treasury
11.2.2021
Apple Inc. is well position to offer cryptocurrency trading, according to an analyst with global investment bank RBC Capital Markets. Not only will Apple gain instant market share in the crypto space, but the move could also generate the Iphone maker well over $40 billion in annual revenue....
Cramer Says ‘Every’ Corporate Treasurer Should Be Thinking Bitcoin
9.2.2021
The CNBC host said its almost irresponsible not to include bitcoin on balance sheets following Tesla's buy