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MicroStrategy Plans to Purchase Additional Bitcoin Reserves With Excess Cash

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

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.

Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.

Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over

Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over

The Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.

INX to renew Share and Token Repurchase Programs

INX to renew Share and Token Repurchase Programs

INX announced the renewal of its normal course issuer bid (NCIB) to repurchase common shares and INX Limited's token repurchase program.

El Salvador Buys Another 420 Bitcoins, Worth $25 Million for National Reserve

El Salvador Buys Another 420 Bitcoins, Worth $25 Million for National Reserve

El Salvador, famous for its Bitcoin adoption recently, has revealed that it made additional investments, purchasing about $25 million dollars’ worth of Bitcoin on Wednesday.

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility

ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility

Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry and Bitcoin.

MicroStrategy CFO Recommits the Firm to Maintain Bitcoin Accumulation Strategy

MicroStrategy CFO Recommits the Firm to Maintain Bitcoin Accumulation Strategy

Phong Le, the Chief Financial Officer of MicroStrategy Incorporated, says the company will not relent in its bullish acquisition of Bitcoin as its Treasury Reserve Asset (TRA).

MicroStrategy Adds Up 3,907 BTC Units to Bring Total Assets to 108,992 Units

MicroStrategy Adds Up 3,907 BTC Units to Bring Total Assets to 108,992 Units

MicroStrategy has scooped up a new 3907 units of Bitcoin to bring its total coins to 108,992 units.

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement

Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement

Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million, will be overseen by US Bitcoin Corp. The transaction is not impacting Core Scientific's mining fleet.

MicroStrategy Further Accumulates Bitcoin Holdings to 114,042 after additional 5,050 Purchase

MicroStrategy Further Accumulates Bitcoin Holdings to 114,042 after additional 5,050 Purchase

MicroStrategy has shored up its Bitcoin reserve, with an additional purchase of 5,050 units of the cryptocurrency, holding over 114K BTCs.

Metromile Reveals Bitcoin Purchase Worth $1 Million In Q2

Metromile Reveals Bitcoin Purchase Worth $1 Million In Q2

Metromile vehicle insurance company holding Bitcoin worth $1 million. The firm plans to buy additional Bitcoins soon and to allow policyholders to pay insurance claims and receive payment for insured claims in Bitcoin.

NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program

NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program

The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and could be deemed ineligible under the Fed's updated guidelines.

Top 4 Platforms to Purchase Christmas Gifts With Bitcoin

Top 4 Platforms to Purchase Christmas Gifts With Bitcoin

As the yuletide season is fast approaching, one of the most predominant thoughts on the minds of many people is the kind of gift to get for loved ones. Being a season of giving, there is no surprise that given that the usability of cryptocurrencies keeps increasing over the years, websites accepting cryptocurrencies have been on the rise as well.

Square Announces Its Purchase of 4,709 Bitcoins for $50 Million

Square Announces Its Purchase of 4,709 Bitcoins for $50 Million

Square, with Jack Dorsey as the CEO, announces it has purchased 4,709 bitcoins for $50 million.

Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens

Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens

Sberbank, Russia’s biggest bank, and S7 Airlines are set to revamp the sale of air tickets with virtual tokens, smart contracts, and a blockchain platform.

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.

SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million

SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million

Microstrategy has revealed in its United States Securities and Exchange Commission (SEC) report that it “may increase” its Bitcoin (BTC) holdings.

Bitcoin Pizza Guy and the Tenth Anniversary of the Most Regrettable Purchase in Human History

Bitcoin Pizza Guy and the Tenth Anniversary of the Most Regrettable Purchase in Human History

On May 22, 2020, the 10th anniversary of Bitcoin Pizza Day will be marked. It is because ten years ago, on this day Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two Papa John’s Pizzas with eighteen-year-old Jeremy Sturdivant, aka jercos.

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