Business
Business
As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value. The latest to
Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over
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
News - Bitcoin - Feb 02, 2021Investment 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
News - Bitcoin - Feb 02, 2021As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value. The latest to
News - Bitcoin - Jan 28, 2021Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over
News - Business - Jan 27, 2021Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times
News - Bitcoin - Jan 25, 2021BlackRock may plan to get involved in Bitcoin, two filings made by the firm with the Security and Exchange Commission (SEC) suggest. The world's leading asset manager, counting $7.43 trillion in assets under management at the end of 2019, filed two Statements of Additional Information (SAI) on
News - Business - Jan 20, 2021Allegations against financial services institution Deltec and stablecoin issuer Tether, one of Deltec’s customers, spread rapidly this week as a story first published by CoinDesk implied that Deltec had used Tether’s funds to buy bitcoin. The article in question refers to a recently published year-in-review video by Deltec,
News - Business - Jan 16, 2021Since MicroStrategy bought bitcoin in August, its shares (MSTR) have risen by over 250 percent, according to data from Yahoo Finance. The firm has continued to double down on bitcoin ever since its initial purchase in August, purchasing an additional $175 million worth of bitcoin in September and another $50
News - Bitcoin - Jan 10, 2021