MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

2022-11-2 23:16

The business software firm owns about 130,000 bitcoins worth approximately $2.5 billion.

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owns firm software 130 billion approximately worth

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MicroStrategy Bent On Increasing Bitcoin Bet After 9,000 BTC Purchase, Says CEO

MicroStrategy has been bullish from the start evidenced by its bitcoin purchases. The firm owns over 110 bitcoins and has deepened its crypto bet at various times during the past year. The tech firm has continuously raised money at various points to purchase more BTC to add to its balance sheet and there is no sign of stopping anytime soon according to CEO Michael Saylor.

2021-10-30 20:00


$95 Billion Investment Firm CEO, Barry Sternlicht, Invests in Ethereum As “A Programmable Bitcoin”

Billionaire Barry Sternlicht revealed this week that he owns the top cryptocurrencies, Bitcoin (BTC) and Ether (ETH), due to the excessive amount of money-printing happening globally. The chairman and CEO of Starwood Capital Group, an investment firm with $95 billion in assets under management (AUM), talked about cryptocurrencies in an interview with CNBC, where he […] The post Billion Investment Firm CEO, Barry Sternlicht, Invests in Ethereum As “A Programmable Bitcoin” first appeared on BitcoinExchangeGuide.

2021-10-15 16:07


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Bill Gates Switches from “Bitcoin Bear” to Neutral, BTC/USD Remains Firm above $51.5k

The philanthropist billionaire Bill Gates has swung from being a Bitcoin bear to staying neutral just when the BTC price is defying gravity, recently racing above $52.5k. Bill Gates now Neutral on Bitcoin, BTC/USD Firming above $50k Appearing on CNBC’s Squawk Box on Feb 18, the billionaire made it clear that he never owns Bitcoin.Read More

2021-2-19 02:00


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Community Could Force Ripple To Burn Its Huge XRP Stash, CTO David Schwartz Confirms

The chief technology officer (CTO) at Ripple, David Schwartz, has indicated that the community could force the San Francisco-based blockchain payments firm to burn its entire XRP cache. Ripple currently owns over 50% of the total XRP supply and releases one billion tokens every month in an attempt to expand the utility of the cryptocurrency. […]

2020-12-5 00:03


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Swiss Stock Exchange Operator Plans to Launch Crypto Exchange

SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized.

2018-7-7 23:11