Search Results for "bitcoin investment"
Massachusetts Legislature to Debate Establishment of Bitcoin Reserve Fund
In a groundbreaking move that could redefine state financial strategies, Massachusetts lawmakers are set to deliberate on a bill proposing the creation ...
Bitcoin Investment Powers Durov's Lifestyle, Not Telegram
Telegram founder Pavel Durov disclosed that his primary wealth originates from early Bitcoin investments rather than his messaging platform.
Bitcoin Whales Double Down as Institutional Confidence Soars
Major Bitcoin investors have accumulated 3,800 BTC in just 30 days as the cryptocurrency surges past $120K, signaling unprecedented confidence.
MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin
MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.
Central African Republic to Launch Sango Coin Cryptocurrency Next Week
The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April. The African country plans to adopt cryptocurrency to revitalize its economy.
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.
MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins
MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.
JPMorgan CEO Warned Investors Against Bitcoin Investment, Calls for Clear Regulations to Crypto Trading
Jamie Dimon, the CEO of JPMorgan Chase Bank, is still not a crypto supporter. He admits that JPMorgan clients are interested in cryptocurrency. JPMorgan is planning to offer Bitcoin funds to rich clients.
Microstrategy's Bitcoin Investment Turns Green Again
Microstrategy's Bitcoin investment has turned profitable again as BTC surpassed the critical resistance of $29,000 and hit a new 10-month high of $30,163. The company had accumulated 140,000 BTC for nearly $4.17 billion at an average price of $29,803 per BTC. After a 70% drop in BTC price during the crypto winter in 2022, the price has seen over a 55% increase in the first quarter of 2023, outperforming most traditional stocks and bonds.
General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin - GM CEO
General Motors CEO Mary Barra has revealed that the car producer could accept Bitcoin as a payment method, but this would depend on whether there is customer demand.
New Zealand Wealth Management Firm Invests 5% of Its Retirement Funds into Bitcoin
NZ Funds wealth management firm from New Zealand has become the latest company to get into the crypto world.
VanEck Makes the Case for Institutional Bitcoin Investment
VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.