Search
MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M
14.9.2020
MicroStrategy has outperformed Nasdaq since buying BTC. Now it's doubling down
Microstrategy’s $250 Million Bitcoin Buy Consequential
2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...
Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin
25.8.2020
On Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm...
Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin
24.8.2020
Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."
Canadian Restaurant Chain Tahini’s Converts All Cash Reserves Into Bitcoin
23.8.2020
Canada-based Middle Eastern restaurant chain Tahini’s has converted all of its cash reserves into bitcoin. The company says bitcoin offers a much better alternative to cash savings. From Cash Savings to Bitcoin Middle Eastern restaurant chain Tahini’s has announced via Twitter that...
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
Bitcoin and Tesla: America’s Most Loved Assets on Tradingview
15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...
MicroStrategy Buying Bitcoin Shows Institutional Investors Seek to De-Risk
14.8.2020
Wall Street firms are waking up to the prospect of holding Bitcoin as a hedge against uncertainties in the mainstream equities market
BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment
14.8.2020
$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week
3 Reasons Why MicroStrategy Adopted Bitcoin — And Why Others Will Too
12.8.2020
The CEO of the company that just bought 21,454 BTC calls it “digital gold,” and the tide will cause the business world to admit the same, say supporters
Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’
11.8.2020
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. Public...
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
MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
11.8.2020
Digital gold is now the "principal holding" of MicroStrategy's revamped treasury reserve strategy
NASDAQ-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold
5.8.2020
“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver, and bitcoin are showing strength.”