MicroStrategy just added over a billion dollars worth of bitcoin to its treasury.
Microstrategy announced on Wednesday that it had purchased 19,452 bitcoin for just over $1 billion, working its reserves up to 90,531 bitcoin—equivalent to about $4.5 billion as of press time. Commenting on the
Fans of sweet pastries and digital gold in UK city Leeds can now tend to both passions at a local bakery that has just adopted Bitcoin as a form of payment.
According to a February 22nd report by local news outlet Evening Post, Project D co-owner Max Poynton said that
This article was originally published on Bitcoin Magazine on February 24th, 2020.
The discussion on Taproot activation appears to have reached its final stage, with the remaining decision revolving around the activation parameter LOT.
The code for Taproot, a proposed Bitcoin protocol upgrade for compact and privacy-preserving smart contracts, has
This article was originally published on Bitcoin Magazine on February 24th, 2020.
The discussion on Taproot activation appears to have reached its final stage, with the remaining decision revolving around the activation parameter LOT.
The code for Taproot, a proposed Bitcoin protocol upgrade for compact and privacy-preserving smart contracts, has
MicroStrategy just added over a billion dollars worth of bitcoin to its treasury.
Microstrategy announced on Wednesday that it had purchased 19,452 bitcoin for just over $1 billion, working its reserves up to 90,531 bitcoin—equivalent to about $4.5 billion as of press time. Commenting on the
Fans of sweet pastries and digital gold in UK city Leeds can now tend to both passions at a local bakery that has just adopted Bitcoin as a form of payment.
According to a February 22nd report by local news outlet Evening Post, Project D co-owner Max Poynton said that
Square has bought another $170 million worth of Bitcoin, as the company revealed in its fourth quarter financial report on Tuesday.
The financial services company led by Twitter CEO Jack Dorsey announced the purchase "as part of its ongoing commitment to the cryptocurrency."
Square previously allocated one percent
The shares of digital asset bank Silvergate Capital have risen over 120% since January and nearly 1,300% since going public in November 2019, as CNN reported on Monday. Unlike most U.S. banks, Silvergate Capital has been focused primarily on providing cryptocurrency-specific services, which seems to have paid off.
For years, Peter Schiff, an economist and investor, has been an ardent critic of Bitcoin.
Despite the recent wave of adoption Bitcoin experienced at the hand of institutional investors, Schiff is still very much against Bitcoin. Responding to a comment from Tesla CEO Elon Musk who this week wrote on
MicroStrategy stunned the Bitcoin space early last week when it revealed it would be raising $600 million in a new offering of convertible senior notes. The business strategies firm said it wanted to use the proceeds of the sale to purchase additional bitcoin.
This announcement in itself came as a
Tesla was revealed to have acquired $1.5 billion worth of bitcoin, as reported by the BTC Times in January.
According to SEC filings, the firm acquired $1.5 billion worth of bitcoin with cash from its balance sheet. The firm wrote that they wanted "more flexibility to further
