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El Salvador is Down $52M on its Bitcoin Bet After Market Crash
14.6.2022
Led by President Nayib Bukele, the country made bitcoin legal tender and began buying the crypto in September 2021
MicroStrategy Now Down $1B on its Bitcoin Bet
13.6.2022
MicroStrategy's unrealized bitcoin losses now stand at $1 billion following the asset's fall to $23,000 on Monday
Terra’s USD 10B Bitcoin Bet May be Both a Curse and a Blessing
1.4.2022
Terra (LUNA) founder Do Kwon’s plan to partly back the stablecoin UST with bitcoin (BTC) is causing both excitement and concern in the community, with some fearing what could happen to the bitcoin market if Terra faces problems with trust or liquidity.
The plan to back UST with BTC has been...
Canadian Rapper Drake Nets USD 300,000 From His Bitcoin Bet on the Super Bowl
15.2.2022
Massively popular Canadian rapper Drake has profited USD 300,000 from his three bets cumulatively worth USD 1.26m worth of bitcoin (BTC), on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.
The 35-year-old rapper first posted screenshots of his wager...
Bullish all the way? MicroStrategy doubles down on its Bitcoin bet
16.6.2021
MicroStrategy’s latest bond offering seeks to deliver a yield of 6.25%–6.5% — significantly higher than an average junk bond yield of 4.01%
First Mover: Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on First Day
9.2.2021
Tesla has forged a path that other corporate treasurers might follow into bitcoin. PLUS: Ether hits new record price above $1,800 as CME futures debut
Citi downgrades MicroStrategy stock after bold Bitcoin bet
8.12.2020
MicroStrategy was downgraded to "sell" from "neutral" on Tuesday
MicroStrategy's Bitcoin Bet About To Surpass USD 1 Billion
8.12.2020
MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel
US-based business intelligence company MicroStrategy is looking to raise up to USD 460m in order to buy more bitcoin (BTC), which would increase the value of its BTC stash to over USD 1bn (at today's...
MicroStrategy’s $425M Bitcoin Bet ‘Elevating Firm’s Profile,’ Say Executives
27.10.2020
Bitcoin is boosting MicroStrategy's market visibility, say executives. Revenues rose 6.4% year-over-year and the company notched a net loss of $14.2 million for the quarter
Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms, Banks Open to Custody
11.8.2020
MicroStrategy bets $250 million on Bitcoin's safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook
McAfee Catches Heat After Welshing On Famous Bitcoin Bet
6.1.2020
Many bold predictions about bitcoin’s price have been made over the years, but tech entrepreneur John McAfee’s 2017 claim that BTC would reach $1 million before the end of 2020 garnered more column inches than any other. This is because he promised to, ahem, consume his own manhood...
Ronnie Moas and Vinny Lingham Come to Blows Over $20K Bitcoin Bet
5.1.2020
Civic CEO calls out investor Ronnie Moas over his failure to pay $20,000 to the charity working to free Ross Ulbricht