Search Results for "acquisition"
MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash
MicroStrategy has revealed to its investors that it has plans to purchase “an additional Bitcoin” with the company’s excess liquidity
CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets
BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.
Top Executives at CoinMarketCap Quit Just Months After Binance Acquisition
Carylyne Chan, the interim CEO at leading crypto data provider CoinMarketCap is the latest executive to quit following her public announcement on August 31. The mass exodus from the company has been alarming because she follows the footsteps of four other top executives who have left the company just four months after it was purchased by Binance.
US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?
As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.
AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices
A month and a half after Nvidia purchased Arm, AMD also announced its $35b acquisition of Xilinx. Will it alter the ecosystem of crypto mining?
Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?
Purse.io may be getting a thrown a life line following their shock announcement last week that they would close their doors after six years of trying to bring serious utility to Bitcoin in retail services.
MicroStrategy Scoops Up an Additional 205 Bitcoins for $10 Million
MicroStrategy has purchased an additional 205 BTC, bringing the firm's holdings to 91,064 Bitcoins.
Crypto Wallets Holding More Than 1 ETH Break the Record as Ethereum Surges Past $500
New data from Glassnode reveals that crypto wallets holding more than one Ethereum (ETH) have hit a record high of 1,170,598 addresses.
Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race
Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.
FTX Exchange Acquires Blockfolio for $150M, Sixth-Largest Crypto Acquisition in History
FTX cryptocurrency exchange is now expanding its retail aspirations by acquiring the top crypto app, Blockfolio for $150 million.
BlackRock, Vanguard, and Norway Now Indirectly Own $110 Million of Bitcoin, Ahead of Stock Sell-Off
This huge acquisition of Bitcoin enabled Norway, Vanguard Group, and BlackRock to indirectly own more than 10,000 Bitcoin (BTC) altogether.