Bitcoin's recent rally to a new all-time high above $23,000 has drawn attention to the asset, as analysts and institutional investors increasingly liken Bitcoin to gold. The latter doesn't need to fear for its safe haven status, however, according to Goldman Sachs Group. As reported

Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued. In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was

On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin: One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive

On Monday, American business services company MicroStrategy announced its intent to raise $400 million in a private offering of convertible senior notes, the proceeds of which it would potentially use to buy bitcoin. While many scoffed at the deal that earned the company a stock downgrade from Citibank, a few

As first noted by Grayscale Director Phil Bonello, MassMutual recently purchased $100 million worth of bitcoin. Assuming it bought the cryptocurrency at its current price of $18,150, that would mean the insurance company purchased 5,510 BTC. MassMutual, also known as the Massachusetts Mutual Life Insurance Company, is a

Up until recently, Wall Street investor Ray Dalio had been known as a Bitcoin skeptic. That appears to be changing. Dalio is the co-CIO of one of the world's largest investment funds, Bridgewater Associates. He is personally valued at $16.9 billion, according to Forbes.  In a Reddit

According to a press release, MicroStrategy is looking to raise $400 million in a private offering of convertible senior notes. Michael Saylor, CEO of the business analytics company, confirmed the raise in a tweet published on Monday afternoon.  This offering would allow the company to purchase more bitcoin, adding to

Worldwide, more than 75 million gamers have chosen Call of Duty: Warzone, a free-to-play battle royale game that’s part of the third-highest-grossing video game franchise in the world. In groups of up to 150 users at a time, players combat each other in best first-person shooter fashion, either privately