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These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
News  -  Bitcoin  -  Aug 13, 2020 by Joseph Young

Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin

Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase
Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase
News  -  Bitcoin  -  Aug 12, 2020 by Joseph Young

Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin. Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity

Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy
Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy

MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed

News  -  Bitcoin  -  Aug 14, 2020
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Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy
Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy

MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed

News  -  Bitcoin  -  Aug 14, 2020
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July

Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin

News  -  Bitcoin  -  Aug 13, 2020
Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase
Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase

Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin. Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity

News  -  Bitcoin  -  Aug 12, 2020
Investors Are Looking to Offload Ripple Equity Below December's $10B Valuation
Investors Are Looking to Offload Ripple Equity Below December's $10B Valuation

In December, Ripple announced it had completed a $200 million Series C funding round. Garnering support from investors such as SBI Holdings and Tetragon, the financial technology firm purportedly secured funding at a valuation of $10 billion.  A source now tells the BTC Times that two investors in Ripple are

News  -  Altcoins  -  Aug 11, 2020
This Article Won't Make You Rich
This Article Won't Make You Rich

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. They say that once we’re out of this coronavirus crisis, nothing will ever be

Opinion  -  Bitcoin  -  Aug 07, 2020
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