Search
Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
5.4.2021
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention...
Mizuho Bank Survey Says $24 Billion in US Stimulus Checks May Be Used to Buy Bitcoin
16.3.2021
On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less...
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
1.3.2021
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than...
Microstrategy Buys $1 Billion More Bitcoin — Company Now Holds Over 90,000 BTC
24.2.2021
Microstrategy has purchased an additional $1.026 billion worth of bitcoin, raising the total number of bitcoins it has accumulated to about 90,531. Its CEO explained that his company remains focused on its two corporate strategies of growing its enterprise analytics software business...
MicroStrategy Raises $1.05B in Latest Debt-for-Bitcoin Offering
19.2.2021
MicroStrategy's business strategy is to buy as much bitcoin as it possibly can
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...
Tesla Tapped Coinbase for $1.5 Billion Bitcoin Buy: Report
17.2.2021
Coinbase is emerging as a major player in corporate America's march toward bitcoin
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...
Morgan Stanley Unit Considers $150 Billion Bitcoin Investment: Bloomberg
13.2.2021
Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy
Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption
21.1.2021
British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long trend of institutional adoption and financialization of bitcoin.”...
The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
29.12.2020
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased...
Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC
21.12.2020
Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion. Microstrategy Now Has Over $1.6 Billion in Bitcoin Billion-dollar public company Microstrategy (Nasdaq:...
$1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million
18.12.2020
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River...
Major Chinese Bank Selling Bonds Worth $3 Billion for Bitcoin
11.11.2020
China Construction Bank, one of the “big four” banks in China, is selling $3 billion in bonds that can be paid for with bitcoin. The bonds will be listed on a regulated Malaysian digital asset exchange. Beijing-based China Construction Bank (CCB) is selling $3 billion in bonds...
US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion
5.11.2020
The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billion in Bitcoin From Silk Road The U.S. government has filed a lawsuit seeking...
Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget
7.10.2020
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially...
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains
19.9.2020
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed...
$10.9 Billion Bitcoin Stash Proves Satoshi Is Still the Biggest Whale
20.7.2020
Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent?
Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter
16.7.2020
Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion....
Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance
15.6.2020
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission...