How MicroStrategy’s Bitcoin strategy is attracting conservative investors

Michael Saylor’s MicroStrategy, a business-intelligence software company turned Bitcoin behemoth, has placed an enormous bet on cryptocurrency. The company owns approximately $48 billion worth of Bitcoin, funded in part by issuing $6.

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Nasdaq-listed Heritage Distilling adopts Bitcoin strategy

Heritage Distilling Company has announced a Bitcoin treasury strategy The Nasdaq-listed company will accept BTC for its products and services Heritage Distilling, a publicly traded company listed on NASDAQ, is the latest to adopt Bitcoin as a reserve asset.

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More and more companies choose Bitcoin as the prime asset for corporate reserves

On Dec. 30, 2024, an education tech company, Genius Group Ltd, bought $10 million worth of Bitcoin. The company aims to convert 90% of its funds to BTC. Lately, more and more companies around the world have chosen Bitcoin as…

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Jetking Infotrain becomes first Indian public company to hoard Bitcoin

Jetking Infotrain, a 77-year-old Indian IT training company, has become the first publicly listed business in India to adopt Bitcoin as part of its corporate treasury strategy. The company announced the purchase of 12 Bitcoin (BTC), valued at approximately $1.2…

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Michael Saylor’s MicroStrategy Can’t Get Enough Bitcoin, Buys More 18,300 BTC For $1.1 Billion

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Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment

The company announced its Bitcoin treasury strategy Tuesday morning.

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Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply

MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.

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MicroStrategy apes $593m into Bitcoin

Michael Saylor’s digital software giant bought 16,130 BTC, increasing the worth of the company’s total Bitcoin holdings to over $6 billion at current prices.

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CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.

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New York digital media company the latest to add Bitcoin to balance sheet

While the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.

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Bitcoin Company Synonym Launches Architecture For A Self-Sovereign Economy

The software company is developing peer-to-peer protocols and applications for global Bitcoin adoption.

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Operating A Business On Bitcoin

Chris Gimmer, cofounder of Snappa and Bitbo.io, moved his company to a bitcoin treasury standard in 2020.

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Seetee Invests In Bitcoin Lightning Company Breez

Norwegian investment company focused on Bitcoin, Seetee, has become the newest investor in the Bitcoin and Lightning company Breez.

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Fundstrat’s Tom Lee On Why Bitcoin Can Exit The Year Over $100k Despite Being In The “Penalty Box”

It has been a bloody period for Bitcoin after the crypto started experienced some market troubles after reaching a new all-time high above $65k. The decision of Tesla to suspend bitcoin payments and the company’s CEO Elon Musk tweeting against Bitcoin’s power consumption while supporting Dogecoin have added to the pressure. As a result, BTC’s […]

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Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers

Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments.

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Canadian Condo Company Invests in Bitcoin, Hopes to Become ‘Self-Sustaining Real Estate’

A few months ago a trend started where well known businesses like Microstrategy, Square, and Tesla started adding bitcoin to their company balance sheets. Now a Canadian condominium company has decided to invest in bitcoin in order to replace some of the firm’s reserve fund with crypto.

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Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying

Ever since Tesla announced the company held $1. 5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin.

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Twitter Stock Up 15% as Company Mulls Adding Bitcoin to Balance Sheet

Twitter CFO Ned Segal recently announced that the social networking service company is considering adding Bitcoin to its balance sheet during a CNBC interview. The company may even pay its staff using Bitcoin, according to Segal.

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General Motors (GME) CEO: “No Plans to Invest in Bitcoin” But will Evaluate Accepting it as Payment

Ever since electric vehicle company Tesla announced that it had purchased $1. 50 billion worth of Bitcoin, everyone wants to know which company will be the next to make the same decision. Already publicly-listed, Square and MicroStrategy have done so.

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African Music Star Davido Plans To Launch Bitcoin Trading Company

Davido, arguably one of the biggest music stars in Africa has hinted that he plans to launch a bitcoin trading company. This development could generate massive interest in bitcoin in one of the regions with the fastest-growing number of crypto users.

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NexTech AR to Buy $2 Million in Bitcoin with Treasury Reserves

The firm joins several others deciding to hedge their reserves with BTC. Purchases by firms such as MicroStrategy appear to have also kickstarted the recent bullish price action. Another Company Chooses Bitcoin to Protect its Wealth The turbulent global economic picture this year has inspired yet another company to protect its wealth in bitcoin.

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Intercom Founder ‘Firmly’ Jumps on the Bitcoin Bandwagon; But BTC Is Not A ‘Fit’ for the Company

Bitcoin continues to rule the market and attract the masses. The latest one is Eoghan McCabe, the Chairman, and co-founder of the software company Intercom. McCabe took to Twitter to share that he has finally taken a deep dive into the world of Bitcoin.

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Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company’s BTC Profit Eclipses Other Earnings

Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings.

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MicroStrategy CEO Calls Bitcoin The ‘World’s Best Collateral’, Says Company Will HODL Its BTC For 100 Years

Michael Saylor, the CEO of business intelligence firm MicroStrategy, continues to publicly speak about bitcoin after his company made a mega $425 million bitcoin purchase. In a live interview on Wednesday with Real Vision CEO Raoul Pal, Saylor called bitcoin the “world’s best collateral”, and said his company is planning to hold the asset for […]

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MicroStrategy CEO Says Company Could Sell Recently-Acquired Bitcoin Anytime — Here’s Why

MicroStrategy recently rocked the crypto world with its blockbuster bitcoin purchase. The Delaware-based software company indicated that bitcoin was a suitable store of value that has a “more long-term appreciation potential than holding cash.

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Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours

Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin.

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Another Company Goes All-in In Bitcoin; ‘A Much Better Alternative To Saving Cash’

After billionaire investor Paul Tudor Jones and MicroStrategy, now a small company, a restaurant called Tahinis that specializes in middle eastern cuisine has jumped into Bitcoin. The company took to its Twitter account to share that they have converted their “entire” cash reserves, originally used as savings, into Bitcoin.

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Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’

Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash. ” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve.

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Wall Street Company Buys a Massive $250 Million in BTC

MicroStrategy Inc, a Nasdaq-listed public company, has turned a majority of its reserves into bitcoin. The purchase of over 20,000 bitcoin cost more than $250 million. The Real Deal Michael J Saylor, CEO of MicroStrategy, announced today that his company has purchased a massive amount of bitcoin.

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Billion Dollar Publicly-traded MicroStrategy Buys 21,454 Bitcoin as a Reserve Asset

MicroStrategy is now taking a deep dive into the world of bitcoin. The $1.2 billion Nasdaq listed software company has officially announced its position in the largest digital asset. A fortnight after announcing to invest in bitcoin as an inflation hedge, the company has purchased 21,454 BTC at an aggregate price of $250 million, inclusive […]

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Russia: Government Official Expects to Mine 20% of the World’s Bitcoin

Russian company plans to open giant Bitcoin mining farm

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Metro Wireless Announces New Payment Options of Bitcoin and Bitcoin Cash

On Monday Metro Wireless announced the ability for the customers to quickly pay for the company services with the use of Bitcoin Cash and Bitcoin crypto coins. The company is based in Detroit and is an Internet Service provider that has customers that are spread across the nation. With the announcement that the company has […]

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Burj Khalifa’s Developer Now Accepts Bitcoin, Report Says

The biggest property development company in the world outside of China is reportedly allowing its clients to buy properties using both Bitcoin and Ethereum. Emaar Properties Accepts Bitcoin Emaar Properties, which is the biggest property development company outside of China has been reported to accept Bitcoin.

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Internet Company requested Israeli Authorities permit for the use of Bitcoin as salary.

One such company might have found a new way to attract and retain tech-savvy staff in this environment: offer to pay salaries in bitcoin. Also Read: Founder of Tron Altcoin Justin Sun Takes Over Bittorrent Inc Spot.

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Bitcoin Beyond: Thomson Reuters Data Tracking Top 100 Cryptoz

Mass media and data giant Thomson Reuters is expanding its cryptocurrency sentiment data toolkit to cover 100 different coins, the company announced Wednesday. Initially launched back in March, the bitcoin data feed was created in partnership with MarketPsych Data LLC.

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Internet Company Asks Israeli Authorities Permission to Pay Salaries in Bitcoin

The Israeli high-tech sector is currently undergoing a severe talent squeeze, with companies having to compete over employees with higher salaries, stock options and better perks. One such company might have found a new way to attract and retain tech-savvy staff in this environment: offer to pay salaries in bitcoin.

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Past Bitcoin: Reuters Grows Information Benefit to Beat 100 Cryptos

Mass media and data giant Thomson Reuters is expanding its cryptocurrency sentiment data toolkit to cover 100 different coins, the company announced Wednesday. Initially launched back in March, the bitcoin data feed was created in partnership with MarketPsych Data LLC.

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Норвежская разведка проверит российских майнеров из-за близости к полигону НАТО

Российская компания New Mining Company вложила миллиард крон или около 125 миллионов долларов в создание крупного центра по добыче криптовалют в Норвегии. Инициативой заинтересовалась местная разведка — ферма расположится в нескольких километрах от места, где пройдут масштабные учения НАТО.

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Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack

Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident.

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Founder of Tron Altcoin Justin Sun Takes Over Bittorrent Inc

Justin Sun, the founder of “decentralized web” altcoin Tron, has reportedly taken over Bittorrent Inc, the San Francisco-headquartered company founded in 2004 to manage the ongoing development of the Bittorrent peer-to-peer file sharing protocol.

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Card-Shaped NFC Wallet launched by Korean Firm “Keypair”

Wallets A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology.

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Korean Firm Keypair Launches Credit Card-Shaped NFC Hardware Wallet

A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology.

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Institutional Investors Move to Bitcoin ‘Inevitable,’ Says Wall Street’s ‘Crypto King’

‘Wall Street’s Crypto King’ Bart Smith is expecting institutional investors to move into the cryptocurrency market once regulations are clarified. Institutions Need Regulatory Certainty Smith runs the investment firm Susquehanna International Group which started investing in Bitcoin in 2014 and expanded in 2017 during the crypto boom.

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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen

South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens.

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Fidelity Looking for Crypto-Fund Managers After Series of Employee Departures

The wealth management firm is looking for employees to run its internal Bitcoin fund that was launched last year. Two key members of Fidelity’s crypto-team have left the company for other projects.

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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

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Japanese Syndicate Wallet Hacked, $10 Million Reported Missing

Shopin — a universal shopper profile that delivers personal shopping experiences through retailers’ apps, websites and stores — says one of its token distributors has been hacked and roughly $10 million in a variety of cryptocurrencies has been stolen.

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Melonport Co-Founders Become Advisors to Midas App

Bitcoin Press Release: Last week, the software provider Midas Technologies AG announced that Mona El Isa and Reto Trinkler join the company’s advisory board to support the development of the retail investing app Midas.

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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

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