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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »

2021-3-30 03:00


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JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients

JMP Securities has predicted that “$1. 5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their clients. дальше »

2021-3-25 21:30


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Major Norwegian Oil Company to Fund Bitcoin and Blockchain Technology Projects

Aker’s recent press release states that it has started a company committed to investing in blockchain technology products. Aker Dives Further into Crypto According to the press release, the new company dubbed Seetee AS will have all its investment tools in BTC and fund projects and companies within the Bitcoin ecosystem.  The CEO of AkerRead More дальше »

2021-3-9 18:00


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BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion

Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than $65 billion worth of bitcoin. The Corporate Bitcoin Stash- […] дальше »

2021-3-2 00:30


Is Apple Next to Buy Bitcoin? One Bank Recommends Converting Apple Wallet into a Crypto Exchange

At least 6% of all BTC, more than $50 billion, are already in corporate treasuries, with 19 publicly traded companies holdings just over $5.5 billion BTC. The post Is Apple Next to Buy Bitcoin? One Bank Recommends Converting Apple Wallet into a Crypto Exchange first appeared on BitcoinExchangeGuide. дальше »

2021-2-9 18:34


Will MicroStrategy drive corporate adoption of Bitcoin, when they pitch it to 1,400 companies?

Under the leadership of CEO Michael Saylor, MicroStrategy, which is a leading Bitcoin investor has been lauded for driving mainstream BTC adoption. It appears that the firm has been navigating BitcThe post Will MicroStrategy drive corporate adoption of Bitcoin, when they pitch it to 1,400 companies? appeared first on AMBCrypto. дальше »

2021-2-4 00:30


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Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset

Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying bitcoin (BTC) as a reserve asset. “We…believe that holding […] дальше »

2021-1-26 10:30


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JPMorgan Predicts $600B Institutional Investment in Bitcoin

Analysts at Wall Street Banking giant JPMorgan are predicting an increase in institutional Bitcoin (BTC) investment from insurance companies and pension funds. In recent months, BTC has become something of a coveted investment vehicle on Wall Street with several publicly-listed firms electing to hold the largest crypto by market capitalization as a treasury reserve assetRead MoreRead More. дальше »

2020-12-15 18:01


MassMutual Invests $100M In Bitcoin; ‘Other Return-Hungry Insurance Companies’ Buying BTC: NYDIG Chairman

The 169-year old mutual insurer, MassMutual, purchased $100 million in Bitcoin for its general investment fund. This bitcoin investment is part of the company's broad strategy to take advantage of new opportunities that give it “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world. дальше »

2020-12-11 18:06


Foxconn Ransomware Attackers Demanded $35 Million Payment In Bitcoin (BTC) to Decrypt Files

According to reports from BleepingComputer, Foxconn, one of the largest electronic companies in the world, was faced with a ransomware attack by a popular hacking group, DopperPaymer. The report confirms the hack was first noticed on November 29th when the hackers gave the company 3 days to make a ransom payment to an unknown wallet […] The post Foxconn Ransomware Attackers Demanded Million Payment In Bitcoin (BTC) to Decrypt Files first appeared on BitcoinExchangeGuide. дальше »

2020-12-9 21:19


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Major Asset-Manager Guggenheim Partners Hints Investing in Bitcoin

Major asset-manager Guggenheim Partners has joined the bitcoin bandwagon. Guggenheim Partners Shows Confidence in BTC The trend of major public companies putting a part of their assets in bitcoin (BTC) continues to gain momentum as according to a recent development, the $200 billion-plus asset-manager, Guggenheim Partners is the latest to join the BTC frenzy. дальше »

2020-11-29 14:00


Apple Can Buy 145k Bitcoin With Just 1% Of Its $191 Billion of Dollars Held in Cash

Apple has a total of $191.83 billion cash on hand, down from quarter third of 2020, when it was $193.8 billion. Apple is known for having one of the largest cash piles among the companies. At Bitcoin’s current price of $13,300, if the tech giant Apple, hypothetically, decides to buy as much BTC as it […] The post Apple Can Buy 145k Bitcoin With Just 1% Of Its 1 Billion of Dollars Held in Cash first appeared on BitcoinExchangeGuide. дальше »

2020-10-31 20:10


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Square, Paypal Could Intentionally be Excluding Ethereum to Gain Bitcoin Payments Monopoly Ahead of ETH 2.0

The crypto community has taken a keen interest in the fact that many of the new companies investing in the crypto market are only stacking BTC and leaving out ETH. This has raised a lot of speculation as to why ETH is being left out of new and big investment portfolios despite being the second-largest cryptocurrency […] дальше »

2020-10-12 20:48


This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »

2020-10-10 02:00