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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 16, 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 16, 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 12, 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 12, 2021The Ontario Securities Commission (OSC) approved what has been acclaimed as the first Bitcoin exchange-traded fund (ETF) in North America. A document published on official local public security documents repository Sedar reveals that the OSC approved the Purpose Bitcoin ETF for British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova
News - Bitcoin - Feb 11, 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 11, 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 10, 2021