The bitcoin price is surging higher today as Tesla, the world-famous electric vehicle manufacturer, has moved $1.5 billion from its cash position to bitcoin. According to SEC filings, the firm is buying bitcoin to provide "more flexibility to further diversify and maximize returns on our cash.” It was

This article was originally published on Mimesis Capital's Medium account on December 17th, 2020, and has been edited in accordance with our editorial guidelines. The only question with wealth is, what do you do with it?– John D. Rockefeller The topic of wealth preservation has never been more

While many within the Bitcoin space lauded MicroStrategy for its bold move into Bitcoin in 2020, an analyst at Citi was less impressed by the business intelligence firm's decision to make Bitcoin its primary treasury reserve asset. In early December, Citi's Tyler Radke expressed concerns over

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

On Tuesday, MicroStrategy submitted a filing to the United States Securities and Exchange Commission (SEC) indicating that the firm has taken an additional $10 million position in bitcoin: "On February 2, 2021, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 295 bitcoins for $10.0 million in

Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset. According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

This article was originally published on Mimesis Capital's Medium account on January 22nd, 2021. We are in the early stages of a transition between two monetary systems, InFi and DeFi. No, I’m not talking about DeFi as in “Decentralized Finance.” I’m talking about InFi (Inflationary Finance)