Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
Nasdaq-listed firm Microstrategy is planning to promote $600 million in convertible senior notes and use a few of the proceeds to purchase further bitcoin. Microstrategy...
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
Based on the newest obtainable information, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a value of $5.96 billion. Presently, the worth of the corporate’s...
Tesla’s Bitcoin Portfolio Remains Unchanged at $184M for Third Straight Quarter: Q2 2023 Report
Tesla’s Q2 2023 Update reveals that the American electrical automobile and clear power firm avoided promoting any of its bitcoin (BTC) or cryptocurrency holdings within...
Bitcoin Firm Coinbits Suspends Operations Amidst Custodian Prime Trust’s Financial Woes
The cryptocurrency agency and bitcoin funding app, Coinbits, has introduced the suspension of its providers resulting from issues involving the Nevada-based custodian, Prime Trust. Following...
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
As the crypto market shed billions of {dollars}, El Salvador purchased the dip, making the most of the falling value of bitcoin early Saturday morning....
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter...
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful...