News
Popular software company MicroStrategy is looking to buy more Bitcoin despite being the single largest corporate holder of Bitcoin at about 129,000 BTC. This new development comes just a month after its CEO Michael Saylor stepped down and a week after the Washington D.C Attorney-General sued the company
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American business executive and co-originator of MicroStrategy, Michael Saylor, has in a talk with Altcoin Daily categorically underlined Ethereum as a security and further reiterated that Bitcoin is the sole stock in the cryptocurrency space. Saylor’s voluble response to the question concerning the US legislative grouping of Bitcoin and
Bitcoin
The latest report by Grayscale Investments with the U.S. Securities and Exchange Commission (SEC) shows that the company has purchased a total of $1,276,147,151 worth of Bitcoin (BTC). According to its January 21 report, the company has issued 37,036,200 GBTC shares and acquired 35,
Bitcoin
This year 2020, the number of companies who invested in Bitcoin grew significantly, and following the bull run these corporations now own over $30 billion in BTC. Coming into the year, investing in cryptocurrency by companies sounded a little weird but that narrative soon changed as a number of firms
Bitcoin
MicroStrategy - a Nasdaq listed billion-dollar company has made its second bitcoin purchase, just weeks after first buying 21,000 BTC for $250 million. Announced by the company's CEO Michael Saylor, the business intelligence firm has bought an additional 16,796 bitcoins bringing the total value of its
Bitcoin
Snappa - a Canada-based graphics software firm has joined the herd of companies who are moving their cash holdings into Bitcoin. Announced on Monday, the startup says it is converting a significant amount of its cash reserves into Bitcoin (BTC); citing concerns over the global inflation and economic certainty as
Bitcoin
MicroStrategy (MSTR) - a Nasdaq-listed and world's largest business intelligence firm has become the first publicly traded company to buy Bitcoin (BTC) as part of its capital allocation strategy. Announced on Tuesday, the company says it has purchased 21,454 BTC (about $250 million at current market price)