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Yet Another Company Puts Their Reserves into Bitcoin

21 Oct 2020 1 minute read 17 comments author_nan $17.62

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...

MicroStrategy CEO Says that "Awful" Bitcoin Market Data is Holding it Back

21 Oct 2020 1 minute read 0 comments author_nan $1.54

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...

Tsunami of Leaders to Invest in Bitcoin, Says Tyler Winklevoss

12 Oct 2020 1 minute read 2 comments author_nan $9.05

Gemini exchange co-founder Tyler Winklevoss has made a strong prediction for the cryptocurrency market, tweeting on October 8 that a “tsunami” of big investors would be joining the market. In the tweet, Winklevoss referenced the $425 million investm...

Microstrategy CEO Says He Could Liquidate $200M in Bitcoin Holdings At Any Time

23 Sep 2020 1 minute read 0 comments author_nan $1.45

Microstrategy CEO Michael Saylor, in an interview with Bloomberg on September 22, said that the firm’s $400 million in Bitcoin (BTC) holdings could be “liquidated at any time.” Saylor believes that Bitcoin is less risky than both gold and cash, and...

Why smart companies are buying Bitcoin.

17 Sep 2020 1 minute read 0 comments alberdioni8406 $0.65

The world is undoubtedly changing with many firms looking for better ways to store value and keep it secure from inflation, Fiat isn't  safe heaven with crescent countries in debt and printing more and more money which somehow could cause a new colla...

MicroStrategy Buys 16,796 Bitcoins Worth $176M

16 Sep 2020 1 minute read 1 comment author_nan $2.99

As revealed in a tweet posted on September 14, business intelligence company Microstrategy has bought an additional 16,796 Bitcoin (BTC), as CEO Michael Saylor changed his views on the asset. The company acquired an additional 16,796 BTC for $175 mi...

Business Intelligence Company MicroStrategy to Invest $250M in Bitcoin and Alternative Assets

6 Aug 2020 1 minute read 0 comments author_nan $0.16

Business intelligence, mobile software and cloud services firm MicroStrategy will invest up to $250 million of excess cash in Bitcoin, gold and alternative assets, as revealed in a July 28 earnings call involving CEO Michael Saylor.  Primary motivat...