Search Results for "balance sheet"
Jim Cramer Says Every Company Should Have Bitcoin on Their Balance Sheet
After Tesla made a purchase of $1.5 billion worth of Bitcoin, Jim Cramer said that more businesses should get on board with the digital asset.
Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble
According to Max Keiser, due to the renewed expansion of the Federal Reserve’s balance sheet, all assets are in trouble, except gold and Bitcoin.
Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment
Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.
Horizon Kinetics Bets on Bitcoin as Inflation Bites
Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.
South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet
The Korea Teacher's Credit Union (KTCU) in South Korea is following a list of rising pension schemes across the world to invest in Bitcoin.
Latin America E-Commerce Giant MercadoLibre Purchases $7.8 Million Worth of Bitcoin
Mercadolibre announced a $7.8 million Bitcoin purchase, believing deeply in the cryptocurrency.
Valkyrie to Liquidate Bitcoin Balance Sheet ETF following Low Customer Demand
The Valkyrie Balance Sheet Opportunities Fund is expected to liquidate on October 31, 2022.
PayStand Adds Cryptocurrency to Its Balance Sheet
PayStand cloud-based payment firm holds a substantial stake in cryptocurrency as part of its treasury reserve.
Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital
Under a partnership with Galaxy Digital, Time Magazine will hold Ether as part of its corporate balance sheet and produce metaverse-related content.
US authorities consider expanding credit line for banks
US authorities are considering expanding an emergency credit line for banks to provide First Republic Bank with a time buffer to address balance sheet concerns, according to Bloomberg sources. The bank is deemed stable enough to operate without immediate intervention.
MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet
MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.
Congressional Memo Challenges SEC's SAB 121
Congress members question the enforceability of the Securities and Exchange Commission's Staff Accounting Bulletin 121, arguing it deviates from standard accounting practices, misrepresents custodians' responsibilities, and increases consumer risk.