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Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption
12.8.2021
The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance...
Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon
5.8.2021
Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July...
Publicly Listed Bitcoin Miner Marathon Purchases 30,000 Mining Rigs from Bitmain
3.8.2021
On Monday, the publicly listed bitcoin mining firm Marathon Digital Holdings announced that it purchased 30,000 S19j Pro Antminers from Bitmain. According to the company, once the new lot of mining rigs are fully deployed, Marathon will gain 13.3 exahash per second (EH/s) from the newly added...
Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash
14.7.2021
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S...
Capital International Buys Nearly 1 Million Shares of Bitcoin-Focused Microstrategy
12.7.2021
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares...
Capital International purchased $600M in MicroStrategy stock
9.7.2021
MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million
Jay-Z’s Entertainment Firm Roc Nation Buys Sensorium’s Metaverse Crypto Tokens
7.7.2021
On Wednesday, the full-service entertainment company founded by influential hip-hop artist Jay-Z, Roc Nation, revealed the firm has purchased tokens from the Sensorium Corporation. The tokens Roc Nation bought are called senso (SENSO), the in-platform currency of Sensorium Galaxy,...
Sotheby’s Auctioning Rare Diamond Worth $15 Million, Cryptocurrencies Accepted
22.6.2021
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15 million, and cryptocurrencies are accepted. Biggest Auction House Accepts Cryptocurrencies Sotheby’s announced Monday that it is auctioning a rare...
Tony Hawk Purchased Bitcoin in 2012 After Reading About the Silk Road Marketplace
6.6.2021
Tony Hawk, the American professional skateboarder often referred to as ‘Birdman,’ discussed bitcoin at the Bitcoin 2021 conference in Miami and told the crowd he got into the crypto economy in 2012. Hawk said he heard about the crypto asset after reading about the Silk Road marketplace...
Buy the Dip: Microstrategy Grabs $15 Million More Bitcoin — Now Holds 91,850 BTC in Treasury
13.5.2021
Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment. Microstrategy now holds about 91,850 bitcoins....
Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets
5.5.2021
On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans...
Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
28.4.2021
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon...
Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin
10.4.2021
The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company Riot Blockchain purchased a mining site in Rockdale and the bitcoin mining firm Blockcap announced establishing...
Chinese Tech Firm Meitu Buys 175 Bitcoin, Treasury Now Holds $100 Million Worth in BTC and ETH
9.4.2021
The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. The company’s cryptocurrency holdings now stack up to $100 million worth of ethereum...
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...
The Multi-Billion Dollar Cache: Microstrategy Purchases $15M Worth of Bitcoin, Firm’s Stash Jumps to 91,579 BTC
5.4.2021
The publicly listed firm Microstrategy purchased more bitcoin according to a tweet from the company’s chief executive officer Michael Saylor and a recent Securities and Exchange Commission (SEC) filing. The firm spent $15 million in cash and now holds 91,579 bitcoin in the company’s...
Chinese Public Company Meitu Buys More Bitcoin — Treasury Now Holds $90 Million in Cryptocurrencies
19.3.2021
One of China’s top internet app makers, Meitu Inc., has purchased more bitcoin for its treasury. The company now holds about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has more than 1 billion users worldwide. Chinese Publicly Traded...
MLB Club the Oakland A’s Is Now Accepting Bitcoin for 2021 Season Passes
15.3.2021
The professional baseball team the Oakland Athletics (A’s) has announced that the ball club is now accepting bitcoin for season tickets. Now through opening day, a set of six Oakland A’s full season suites can be purchased with a single bitcoin, which is currently a discount...
Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin
12.3.2021
On March 12, the publicly-listed firm Microstrategy announced the company purchased an additional 262 bitcoin for $15 million in cash. The company’s CEO Michael Saylor announced the acquisition of the coins during the morning hours on Friday (ET) to his 623,000 Twitter followers....
Publicly Listed Maker of Billion-User Chinese App Meitu Buys $40 Million of Bitcoin and Ether for Its Treasury
9.3.2021
One of China’s top internet app makers, Meitu Inc., is adding up to $100 million worth of cryptocurrencies to its treasury, joining a growing list of companies worldwide to do so. The company has already purchased $40 million worth of bitcoin and ether for its balance sheet. Chinese Public...