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Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries
3.2.2021
Bitcoin is being hoovered up faster than it's mined, as Guggenheim predicts increased institutional inflows and Ruffler takes profits
Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
Cathie Wood: More Tech Companies Will Adopt Bitcoin Treasury Reserves
25.1.2021
Wood said large companies are asking her if they should follow Square's lead
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
2.1.2021
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts...
Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC
29.12.2020
On the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million in bitcoin. Nextech’s chief executive officer Evan Gappelberg says the firm may add more in 2021....
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...
Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered
11.12.2020
A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin. On Friday, Tahini’s tweeted about...
Corporate Bitcoin treasuries are here, which can only mean good things
21.11.2020
It is Bitcoin’s technical characteristics that make it an ideal, diversified corporate treasury holding
DAO treasuries still down 40% after October's DeFi downtrend
13.11.2020
The recent DeFi downturn has impacted the treasuries of decentralized autonomous organizations by 40% in a month
Corporate Treasuries Caught Between an Inflation Rock and Bitcoin
24.10.2020
Bitcoin (BTC) is gradually becoming acceptable among mainstream investors and corporations. Nowhere has this been made more evident than with MicroStrategy’s adoption of the most popular cryptocurrency as its main reserve asset.
The Virginia-based tech consultancy converted over USD 400m of...
$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply
21.10.2020
The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars. This past August the billion-dollar firm...
MicroStrategy CEO On Buying Bitcoin While Trillions 'Melting' In Treasuries
17.9.2020
Michael Saylor, the co-founder of MicroStrategy, an American software company that famously used its balance sheet to buy over USD 400 million worth of bitcoin (BTC), said that his firm’s investment was “not a bet” – and claimed that big-business players may turn to crypto out of a “fiduciary...
Federal Reserve Keeps Rates Close to Zero, Continues Buying Treasuries
29.7.2020
The Federal Reserve said Wednesday that it would hold benchmark U.S. interest rates close to zero and continue buying Treasury bonds to support the coronavirus-devastated economy
605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasuries Fund
29.7.2020
A look inside Arca and TokenSoft’s 605-day crusade to register the first Ethereum blockchain-native ‘40 Act Fund
JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
13.6.2020
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”...