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Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin
News  -  Bitcoin  -  Feb 13, 2024 by Deniz Saat

According to a Reuters report, Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is increasing its investments in Bitcoin, signaling Silicon Valley's renewed interest in the market.  From late summer to early fall last year, the fund invested $100 million to acquire Bitcoin, highlighting its

MicroStrategy Acquires Additional 850 Bitcoin
MicroStrategy Acquires Additional 850 Bitcoin
News  -  Bitcoin  -  Feb 06, 2024 by Deniz Saat

MicroStrategy, a prominent software and business intelligence firm, has further solidified its dedication to Bitcoin by acquiring an additional 850 BTC, totaling an investment of $37.2 million, as announced today by Founder and Chairman Michael Saylor. https://twitter.com/saylor/status/1754976122607980726 Andrew Kang, the Chief Financial Officer of

Chinese Bitcoin Miners Plan New Hub in Ethiopia
Chinese Bitcoin Miners Plan New Hub in Ethiopia

According to Bloomberg, Chinese Bitcoin miners are setting up operations in Ethiopia, attracted by the low electricity costs and a government open to Bitcoin mining, following their displacement due to regulatory changes in China.  Bitcoin educator Kal Kassa reported that the Ethiopian Government has officially announced a partnership with Data

News  -  Bitcoin  -  Feb 15, 2024
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Chinese Bitcoin Miners Plan New Hub in Ethiopia
Chinese Bitcoin Miners Plan New Hub in Ethiopia

According to Bloomberg, Chinese Bitcoin miners are setting up operations in Ethiopia, attracted by the low electricity costs and a government open to Bitcoin mining, following their displacement due to regulatory changes in China.  Bitcoin educator Kal Kassa reported that the Ethiopian Government has officially announced a partnership with Data

News  -  Bitcoin  -  Feb 15, 2024
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin

According to a Reuters report, Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is increasing its investments in Bitcoin, signaling Silicon Valley's renewed interest in the market.  From late summer to early fall last year, the fund invested $100 million to acquire Bitcoin, highlighting its

News  -  Bitcoin  -  Feb 13, 2024
MicroStrategy Acquires Additional 850 Bitcoin
MicroStrategy Acquires Additional 850 Bitcoin

MicroStrategy, a prominent software and business intelligence firm, has further solidified its dedication to Bitcoin by acquiring an additional 850 BTC, totaling an investment of $37.2 million, as announced today by Founder and Chairman Michael Saylor. https://twitter.com/saylor/status/1754976122607980726 Andrew Kang, the Chief Financial Officer of

News  -  Bitcoin  -  Feb 06, 2024
Ocean Health Establishes Roots in El Salvador's Bitcoin Experiment
Ocean Health Establishes Roots in El Salvador's Bitcoin Experiment

Susie Reilly has maintained unwavering faith in the future of El Salvador and its ongoing experiment with Bitcoin adoption, despite a turbulent couple of years marked by economic instability and international criticism from organizations such as the IMF. Focused on her mission to create a medical and dental center with

News  -  Bitcoin  -  Feb 06, 2024
El Salvador Celebrates President Bukele’s Victory and Bitcoin's Survival
El Salvador Celebrates President Bukele’s Victory and Bitcoin's Survival

El Salvador's citizens overwhelmingly supported their President in today's vote for a second five-year term. In addition, President Nayib Bukele won an unconfirmed record-breaking margin of victory of 82.98%, according to Stacy Herbert. President Bukele, first elected in 2019, can feel confident that with the

News  -  Feb 04, 2024
Tether Launches Tether Edu to Foster Digital Education Around the World
Tether Launches Tether Edu to Foster Digital Education Around the World

Tether has introduced Tether Edu, an initiative designed to enhance digital literacy and personal growth through diverse educational offerings such as hybrid courses, workshops, and masterclasses in areas ranging from blockchain to design, AI, and coding.  CEO Paolo Ardoino envisions Tether Edu as a comprehensive online learning hub, extending beyond

News  -  Bitcoin  -  Feb 01, 2024
FTX Halts Plans To Revive Exchange and Focuses on Customer Repayment Efforts
FTX Halts Plans To Revive Exchange and Focuses on Customer Repayment Efforts

FTX, a bankrupt cryptocurrency exchange, has informed the presiding judge in its insolvency case that customers and creditors who successfully validate their claims might fully recover their losses.  During a court session in Wilmington, Delaware, on January 31st, attorney Andrew Dietderich stated that the firm's restructuring consultants must

News  -  Business  -  Jan 31, 2024
Audit Reveals Tether Now Holds More Than $2.8 Billion in Bitcoin
Audit Reveals Tether Now Holds More Than $2.8 Billion in Bitcoin

Tether recently disclosed its financial status, indicating it holds over $2.8 billion in Bitcoin. This information was confirmed by an audit conducted by BDO, as reported in the auditor's official document. Paolo Ardoino, CEO of Tether, provided a summary of the financial results in the Q4 2023

News  -  Bitcoin  -  Jan 31, 2024
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