KULR launches Bitcoin treasury with $21m BTC purchase

The $21 million BTC purchase follows the KULR’s announcement on Dec. 4. Other companies to launch a Bitcoin treasury strategy in recent weeks include Rumble, Marathon Digital, Semler Scientific and Thumzup.

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MicroStrategy buys 15.3K Bitcoin for $1.5B, holdings reach 439K BTC

MicroStrategy’s latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion.

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El Salvador Buys The Wild Bitcoin Dip With 500 BTC Purchase

President Nayib Bukele announced the purchase of another 500 BTC leaving the total reserves of El Salvador at 1,620 BTC valued at $50 million.

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Bitcoin Mania: Completely Decoupled from Gold and on Way to $1 Trillion Mark

A new ATH above $48,000 made Bitcoin the 7th largest asset in the world, one spot up Tesla, following the company's BTC purchase, which sent the digital asset’s tweet volume at a new high as well.

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TSLA vs BTC: Bitcoin Valuations Surge Past Tesla after Its BTC Purchase

Continue reading at Coinspeaker

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Bitcoin Price Rockets as SEC Reveals $1.5b Tesla BTC Purchase; Miami May Follow

Bitcoin’s price saw a massive upswing overnight following news regarding Tesla’s purchase of $1.5 billion worth of BTC to add to their balance sheet This represents 10% of the company’s total cash balance, which is significant considering its size Naturally, this news riled investors and caused hundreds of millions of dollars worth of short-sided liquidations […]

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Bitcoin News Roundup for Feb. 8, 2021

With BTC setting new all-time high prices, ether futures launching and Elon Musk announcing Tesla's purchase of $1.5B worth of bitcoin, CoinDesk’s Market Daily is back with the latest news roundup.

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Tesla Confirms $1.5B Bitcoin Purchase, BTC Cruises Through $42k

On Monday morning, Feb 8, global financial messaging service First Squawk revealed that Tesla Inc. (TSLA) had joined an elite group of firms to hold bitcoin on their balance sheets. The electric automaker outlined details surrounding the purchase via a Securities and Exchange Commission (SEC) filing.

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MicroStrategy Buys 295 More BTC for $10M, Now Owns 71,079 BTC Worth Over $2.4B

Fortune 500 business Intelligence Company and one of Grayscales’ biggest customers, MicroStrategy has bought 295 BTC for $10 million at an average price of $33,808 per BTC. The purchase brings the total number of BTC owned by the company to 71,079 BTC worth over $2.

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MicroStrategy Adds to Bitcoin Trove With Another $10M Purchase

MicroStrategy now holds 71,079 BTC.

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MicroStrategy buys another $10 million of Bitcoin, and it’s now sitting on over $2 billion in BTC

Expect Micheal Saylor to purchase all your Bitcoins the minute you stop paying attention. The post MicroStrategy buys another $10 million of Bitcoin, and it’s now sitting on over $2 billion in BTC appeared first on CryptoSlate.

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MicroStrategy is Planning on ‘More Creative Ways’ To Purchase Bitcoin

Tens of thousands of Bitcoin (BTC) are not enough for MicroStrategy, looking for “various approaches” to add more Bitcoin as a Treasury reserve asset. Speaking in a virtual conference on the company’s quarterly filings, MicroStrategy CEO Michael Saylor said the company would stockpile its Bitcoin stash using its excess cash as “part of their corporate […] The post MicroStrategy is Planning on ‘More Creative Ways’ To Purchase Bitcoin first appeared on BitcoinExchangeGuide.

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MicroStrategy considering alternative ways to purchase Bitcoin

MicroStrategy is far from getting its fill of Bitcoin (BTC), and according to its… The post MicroStrategy considering alternative ways to purchase Bitcoin appeared first on Coin Journal.

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Nasdaq-listed Chinese Gaming Company, The9, to Buy 26k Bitcoin Mining Machines

China-based Nasdaq-listed Internet company The9 Limited is diversifying its business with Bitcoin. On Monday, the company announced that it had signed five legally binding Memorandum of Understanding (MOUs) with Bitcoin mining machine owners to purchase BTC mining machines.

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Marathon Buys $150 Million Bitcoin with Treasury Reserves

The Nasdaq traded Marathon Patent Group has bought 4,812.66 BTC at an aggregate purchase price of $150 million. The company has purchased bitcoin through the New York Digital Investment Group...

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Grayscale now owns 3% of all Bitcoin in circulation

After purchase of 16,244 BTC ($607 million) on 18 January, Grayscale recently became the biggest institutional buyer in the Bitcoin market. This development took place after a 15 January update from tThe post Grayscale now owns 3% of all Bitcoin in circulation appeared first on AMBCrypto.

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Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines

A U. S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14. 4 million worth of 500.

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Huobi Now Supports RUB Deposits and Withdrawals, Announces Crypto Purchase Campaign

The global crypto exchange leader, Huobi has announced support for the Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform. The new feature is introduced in collaboration with also enables users to purchase popular cryptocurrencies like BTC, ETH, LTC, USDT, EOS, BCH, ETC, BSV, DASH, HT and HPT […]

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Morgan Stanley Now Owns Over $300 Million in BTC

Morgan Stanley, one of the biggest financial institutions in the world, recently announced the additional acquisition of Microstrategy shares. The purchase ups its ownership in the business intelligence firm to 10.

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MicroStrategy Stock Up Over 200% Since Initial Bitcoin Purchase

Led by CEO and Bitcoin mega bull, Michael Saylor, MicroStrategy has purchased over $1. 3 billion in BTC. This $1. 3 billion does not include the hundreds of millions of dollars in BTC that Saylor owns personally.

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This gold advocate calls Bitcoin a pyramid scheme

Gold advocate and American stockbroker Peter Schiff implied that bitcoin was a Pyramid scheme and that BTC holders are compelled to convince other users to purchase the crypto. Taking to Twitter, the The post This gold advocate calls Bitcoin a pyramid scheme appeared first on AMBCrypto.

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After advising Elon Musk on BTC strategy, MicroStrategy CEO reveals firm’s purchase of 29,646 Bitcoin

MicroStrategy's CEO Michael Saylor took to Twitter to announce that the firm has purchased an additional ~29,646 Bitcoins for about $650 million “in cash in accordance with its Treasury Reserve PoliThe post After advising Elon Musk on BTC strategy, MicroStrategy CEO reveals firm’s purchase of 29,646 Bitcoin appeared first on AMBCrypto.

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MicroStrategy buys the dip — Now has more BTC than US Govt

Michael Saylor announces another $650 million purchase of Bitcoin as price dips from weekend highs.

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Square Is Up 100% on Its $50 Million Bitcoin Purchase

Following MicroStrategy, the Bitcoin-friendly fintech company Square shocked the space earlier this year when it revealed it would be deploying capital into BTC. The large Silicon Valley firm spent $50 million from its balance sheet, around 1% of its assets, on BTC.

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Vitalik Buterin warns followers against taking loans to buy cryptos like ETH, BTC

Ethereum's Vitalik Buterin took to Twitter to warn the crypto community against taking personal loans to purchase Ether and other cryptocurrencies. In a Twitter post published on Monday, Buterin askedThe post Vitalik Buterin warns followers against taking loans to buy cryptos like ETH, BTC appeared first on AMBCrypto.

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Bitcoin Bounces Toward $18,400 as MassMutual Unveils $100m BTC Purchase

Bitcoin underwent a strong plunge yesterday evening to $17,700. The cryptocurrency crashed as the stock market faced a correction and as the U. S. dollar showed a bit of strength after a brutal showing over the past few weeks.

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MicroStrategy’s Bitcoin acquisition stirs panic, industry players proffer strategic solution

MicroStrategy has been on a Bitcoin buying spree since August when it took the cryptocurrency market by surprise, with a Bitcoin purchase of over 21,000 (BTC). In the month that followed, the Business intelligence giant reminded the crypto-landscape that it was just getting started with its long-term Bitcoin acquisition strategy, and acquired 16,766 BTC, another […]

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MicroStrategy to Offer $400 Million in Bonds to Buy More Bitcoin

Business intelligence firm MicroStrategy is doubling down on its Bitcoin holdings. The firm now plans to extend $400 million of convertible bonds to purchase more of the BTC. MicroStrategy Will Raise $400 Million Just to Buy Bitcoin According to a press release from MicroStrategy, the company will raise $400 million worth of convertible senior notesRead MoreRead More.

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Here's how many Bitcoin is left for retailers to buy

Let's pick up where MicroStrategy left off - their additional purchase of bitcoin, which leaves them with a total of 40,824 BTC. While this may be bullish for bitcoin and everyone in the ecosystem, weThe post Here's how many Bitcoin is left for retailers to buy appeared first on AMBCrypto.

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MicroStrategy to MacroStrategy: CEO Michael Saylor Announces Purchase of $50 Million Worth of BTC

MicroStrategy might want to change its name to MacroStrategy if their bitcoin (BTC) purchases are anything to go by. MicroStrategy Buys Another $50 Million Worth of Bitcoin MicroStrategy, a publicly traded business intelligence firm has added another $50 million worth of BTC to its balance sheet.

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Microstrategy Buys More Bitcoin, Now Holding BTC Worth Over $780 Million in Treasury

Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $780 million at the current price. Microstrategy’s Third Bitcoin Buy Microstrategy Inc.

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MicroStrategy Buys $50 Million in BTC

The company reported the purchase,at an average price of about $19,427, with the United States Securities and Exchange Commission (SEC). In the Form 8-K filing, MicroStrategy also disclosed that it currently holds approximately 40,824 bitcoin.

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Microstrategy Grabs $475 Million in Bitcoin in 2020 ? Double BTC Amount Mined in November

Microstrategy has laid its hands on another $50 million in Bitcoin with the overall BTC purchase in 2020 totalling almost twice of what was mined in November

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Grayscale Buys Almost $140 Million in BTC in 24 Hours

Grayscale made the purchase of 7,188 Bitcoins in just one day. This confirms continued institutional interest surrounding their Bitcoin offering. When you look at Grayscale Bitcoin holdings over the last week and month, a similar pattern appears.

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Visa, Blockfi Launching Credit Card With Bitcoin Rewards — Get BTC Back on All Transactions

Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed.

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Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy

U. S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions.

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ViaBTC launches new cloud mining service with BTC and ETH contracts available

ViaBTC, the world-leading cryptocurrency mining pool, today launches a new cloud mining service. Customers around the world now can purchase Bitcoin and Ethereum contracts with USDT, BTC, BCH, ETH or The post ViaBTC launches new cloud mining service with BTC and ETH contracts available appeared first on AMBCrypto.

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Belarus: Belarusbank Unveils Bitcoin Purchase Service, Ether and Litecoin Support to Follow

A major Belarus bank plans to offer bitcoin (BTC) purchases. Plans to Add Support for Other Cryptocurrencies In an official announcement made today, one of the largest credit institutions in Belarus, Belarusbank stated that it had inked an alliance with OTC broker White Bird to give customers the option to buy bitcoin directly from theRead MoreRead More.

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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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Bitcoin bull Willy Woo says many more hefty BTC purchases are on the way and here’s why

After the Jack Dorsey led financial services company, Square announced its purchase of 50 million dollars worth of Bitcoin, the cryptocurrency markets saw a surge of around 5 percent. Bitcoin analyst Willy Woo sees the move by Square as a precursor to a whole wave of high powered buyers that will be rushing into the […]

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MicroStrategy, Square & Bitcoin: What are these investors seeing that the rest aren't?

Much like Paul Tudor Jones putting his money on the Bitcoin horse, MicroStrategy's big Bitcoin bet and Square's $50 million purchase of BTC shocked the market. However, should we be shocked in the firThe post MicroStrategy, Square & Bitcoin: What are these investors seeing that the rest aren't? appeared first on AMBCrypto.

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These 11 Companies Own 3% of the Bitcoin Supply; Is a Liquidity Crisis Brewing?

Bitcoin’s price has been rallying higher throughout the past few days, with this newfound momentum largely stemming from the hype surrounding Square’s recent decision to purchase $50 million worth of BTC.

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Peter Schiff Says Square’s $50 Million Bitcoin Purchase Won’t Boost BTC’s Price

Gold Investor and longtime Bitcoin critic Peter Schiff has stated that contrary to what investors think, Bitcoin will not register a significant price spike following Square’s $50 million Bitcoin’s holdings’ announcement.

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Bitcoin’s Rally Could Accelerate Towards $12,000 if It Breaks Crucial Level

Bitcoin’s price has finally broken back above $11,000 after a prolonged period of consolidation around $10,700 This move marks an extension of the momentum that was incurred following news of Square’s plan to purchase $50 million worth of BTC.

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Bitcoin Eyes $11,000 After $50 Million BTC Purchase From Square

Square is a company that markets software and hardware payment products, founded by Jim McKelvey and Jack Dorsey, the co-founder, and CEO of Twitter. Jack Dorsey has been a big fan of Bitcoin for many years.

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Bitcoin Pumps on Square’s $50 Million BTC Purchase

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Bitcoin price turns bullish on Square’s $50M BTC purchase: Is $11K next?

Bitcoin price rallied close to $11,000 after Square announced a $50 million BTC purchase.

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The Dollar Is Building Bullish Momentum As Bitcoin’s Wanes

Bitcoin price just pumped following news that Square made a massive purchase in BTC, however, the dollar regaining momentum as the top cryptocurrency’s wanes, could soon suggest a pullback and a better buying opportunity for the major payments corporation.

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