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MLB team will HODL Bitcoin received from suite sales, says president
29.3.2021
“We’re believers in [Bitcoin] and hopefully it continues to go up and maybe we can find some big free agents with some of the proceeds.”
Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash
27.3.2021
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash....
Dvision Network Set to Release Limited-Edition NFT Characters
23.3.2021
The NFT sector continues to grow, and it is no surprise that Dvision Network is looking to release NFTs. The Virtual Reality blockchain platform offers users the opportunity to purchase virtual space within its ecosystem, and NFTs are a significant part of this. Limited-Edition NFT Characters...
Sam Bankman-Fried’s FTX to purchase Miami Heat arena naming rights
13.3.2021
Last purchased for $2 million per year, the naming rights will mark a crypto first among major American sports leagues
AutomateWoo Brings Automated Communications to Bookings
9.3.2021
AutomateWoo is this handy extension for WooCommerce that adds triggers actions based on your online store’s activity. Someone abandoned their cart? Remind them by email. Someone made a purchase? Ask them to leave a review or follow up to see …
The post AutomateWoo Brings Automated...
Selling Social Media Posts for $1.5 Million? Blockchain-Certified Tweet Sales Spark NFT Controversy
6.3.2021
The cryptocurrency community is in a tizzy this weekend after the founder of Twitter, Jack Dorsey, tweeted about a new application that allows people to purchase tweets with ethereum. The application is called Valuables and it allows individuals to purchase a digital certificate of the tweet, which...
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...
Dogecoin Adoption Rises: Bitpay Lets Merchants Accept DOGE, Coinflip’s 1,800 ATMs Now List the Crypto
4.3.2021
Crypto merchant service provider Bitpay has added dogecoin to its list of supported cryptocurrencies. One of its merchants, the Mark Cuban-owned Dallas Mavericks has become the first in the network to accept the meme coin. Meanwhile, a major crypto ATM operator Coinflip has made dogecoin available...
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
18.2.2021
Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s...
Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
17.2.2021
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult...
BlackRock has started to 'dabble' in crypto, says CIO
17.2.2021
“Holding some portion of what you hold in cash in things like crypto seems to make some sense to me," said Rick Rieder
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...
Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn
14.2.2021
The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on...
Reddit Post Reporting Tesla’s Bitcoin Purchase From a Month Ago Was a Hoax
11.2.2021
A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this...
Moment of truth? Tesla purchase is the moment Bitcoin has been waiting for
11.2.2021
Despite some expected near-term volatility, Tesla’s exploration of the crypto realm will likely help the industry scale up to new heights
Bitcoin flippens Russian ruble after Tesla purchase
9.2.2021
The crypto asset's market capitalization has also overtaken Tesla's again, following an overnight price surge
Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase
9.2.2021
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill...
Tesla's $1.5B Bitcoin purchase leaves treasury experts scratching heads
9.2.2021
Some treasury experts are finding it difficult to understand why Tesla recently bought $1.5 billion worth of Bitcoin — the best performing asset of the last decade
Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla’s $1.5B Purchase
8.2.2021
The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more