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
Popular finance news and information site The Motley Fool has become the latest firm to allocate capital to Bitcoin. Of note, the company is a private firm, unlike other institutional Bitcoin players such as MicroStrategy.
In a Twitter thread, the firm wrote that they will be buying $5 million worth
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
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
Popular finance news and information site The Motley Fool has become the latest firm to allocate capital to Bitcoin. Of note, the company is a private firm, unlike other institutional Bitcoin players such as MicroStrategy.
In a Twitter thread, the firm wrote that they will be buying $5 million worth
Investment manager Grayscale has reached a new milestone in its assets under management.
According to a tweet published by the company on Wednesday, the firm now manages $40 billion worth of assets, $33.1 billion of which is allocated to the Grayscale Bitcoin Trust. The developments represent remarkable growth in
New York Digital Investment Group (NYDIG) applied with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF).
According to documents published by the regulator, NYDIG filed an S-1 in an attempt to launch a Bitcoin ETF on Feb. 16. The papers cite NYDIG Trust
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
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
