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On Tuesday, MicroStrategy revealed its intent to raise $600 million through a new offering of convertible senior notes to buy more bitcoin. Just one day later, the firm is already upsizing the size of the round to $900 million. In an announcement early Wednesday morning, the business services company wrote
According to a tweet from Jack Dorsey published on Friday, the Twitter CEO and artist Jay-Z will be giving 500 bitcoin to an endowment to fund Bitcoin development. 500 bitcoin is currently worth around $24 million, according to BTCTimes Bitcoin pricing data. The fund, called Btrust, will be focused on
The world's largest asset manager has "started to dabble in" Bitcoin. Only in January, a twin filing with the SEC issued by $7 trillion behemoth BlackRock made waves in the Bitcoin space as the firm wrote some of its funds "may engage in futures contracts
News - Business - Feb 17, 2021On Tuesday, MicroStrategy revealed its intent to raise $600 million through a new offering of convertible senior notes to buy more bitcoin. Just one day later, the firm is already upsizing the size of the round to $900 million. In an announcement early Wednesday morning, the business services company wrote
News - Bitcoin - Feb 17, 2021According to a tweet from Jack Dorsey published on Friday, the Twitter CEO and artist Jay-Z will be giving 500 bitcoin to an endowment to fund Bitcoin development. 500 bitcoin is currently worth around $24 million, according to BTCTimes Bitcoin pricing data. The fund, called Btrust, will be focused on
News - Bitcoin - Feb 13, 2021Deutsche Bank is planning to present its minimum viable product (MVP) for a digital asset custody platform aimed at institutional clients this year, according to a report by the World Economic Forum. The report itself was published in December of 2020, but initially received little attention. Alongside information on Bitcoin,
News - Business - Feb 13, 2021One of the world's largest banks, Bank of New York Mellon Corporation (BNY Mellon), is entering the cryptocurrency space as a growing number of Wall Street institutions signals its interest in Bitcoin. According to The Wall Street Journal, the firm said on Thursday that it will custody bitcoin
News - Bitcoin - Feb 12, 2021Ridesharing market leader Uber may accept cryptocurrency payments, but does not intend to buy bitcoin with corporate money to hold in its treasury like electric vehicle manufacturer Tesla has. Uber CEO Dara Khosrowshahi said during an interview with CNBC on February 11th that the firm "quickly dismissed" the
News - Bitcoin - Feb 11, 2021While 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
News - Business - Feb 03, 2021Visa 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,
News - Bitcoin - Feb 03, 2021