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8 Dec 2020 1 minute read 0 comments coinpass Global
Hello! Welcome to the first December edition of the coinpass.com weekly roundup. It may be getting cooler in December but the crypto-space has never been hotter. Bitcoin STILL! above $19K ETH2 Launch New companies venturing into crypto .. there's...
8 Dec 2020 1 minute read 0 comments author_nan
On Dec. 7, Microstrategy announced that it was planning to invest more into Bitcoin, this time up to $400 million in convertible bonds. The $400 million from the bonds will be used to buy Bitcoin “pending the identification of working capital needs”...
7 Dec 2020 1 minute read 2 comments author_nan
Microstrategy CEO Michael Saylor on Dec. 5 tweeted that the company had invested another $50 million in bitcoin, bringing its total BTC holdings to $784 million. Saylor said that Microstrategy had purchased another 2,574 BTC worth $50 million, brin...
6 Dec 2020 1 minute read 0 comments Raymo
In my attempt to buy most of the publicly-traded stocks with bitcoin treasuries. I would say I had a good week. In the previous week, I had added one bitcoin-related stock - HIVE Blockchain Technologies (T.HIVE) - from the list and one ethereum-relat...
3 Dec 2020 1 minute read 4 comments Keegan Francis
Case Study Preamble When a company converts 85% of their company cash reserves into bitcoin, it is worth asking why. It is also worth asking how, but that will come later. Most people are familiar with Bitcoin on the level of hearing it in the news e...
19 Nov 2020 1 minute read 3 comments author_nan
Microstrategy CEO Michael Saylor has doubled down on Bitcoin as an investment, saying that the decision to invest $600 million of the company’s reserves in the asset comes from a lifetime experience and months of analysis. Saylor made the remarks in...
13 Nov 2020 1 minute read 9 comments author_nan
Microstrategy CEO Michael Saylor has a tip for Apple, tweeting on Nov. 11 that if the company were to integrate Bitcoin into its Apple Pay app, it would generate $100 billion in shareholder value. Saylor tweeted in response to a post by Dan Weiskopf...
28 Oct 2020 1 minute read 4 comments author_nan
In an earnings call held on October 27, Microstrategy President Phong Le made clear that the company was looking to pour more funds to its Bitcoin (BTC) investments. Le noted both the financial and reputational benefit associated with the $426 milli...
21 Oct 2020 1 minute read 17 comments author_nan
According to a press release published on October 21, UK-based company Mode Global Holdings has invested 10% of its cash reserves into Bitcoin, mirroring moves made by other companies in recent months. Mode Global Holdings invested 10% of its cash r...
21 Oct 2020 1 minute read 0 comments author_nan
Microstrategy CEO Michael Saylor, in an interview with Hedgeye CEO Keith McCullough on October 20, criticised the prevailing data on Bitcoin and the market. Saylor spoke of inflated volumes, though he did see a silver lining in the status quo. Held...
