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Nalezeno "Bitcoin investment": 239

Did Tesla Make Profit on its Bitcoin Investment?


The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during...

Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action


Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have reported him to the police. His lawyer insisted that no evidence will be found because Mogale never...

Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam


South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in...

MicroStrategy Considering Yield Generation Options on BTC 95,643 Holdings


  The American IT firm MicroStrategy has claimed that it is mulling the possibility of yield generation on its bitcoin (BTC) holdings. At present, the firm holds BTC 129,218 (USD 4.97bn). Most of this figure is “unencumbered,” and is held in the name of its subsidiary firm MacroStrategy.... Read...

Bitcoin Inches Higher as Terra Starts Implementing Its USD 10B BTC Plan


  Following Terra’s announcement in February that it would partly back its stablecoin UST with bitcoin (BTC), the market has been waiting for clues that Terra is in fact following up on its promise and buying BTC. An indication that the stablecoin protocol is following through with its plan came...

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