Tag: bitcoin treasuries

Feb 08 2021

It’s Happening: Tesla Buys $1.5 Billion Of Bitcoin

Elon Musk’s multi-billion dollar company, Tesla, has purchased an aggregate $1.5 billion of BTC and will begin to accept the cryptocurrency as payment, per a financial performance report filing with the U.S. Securities and Exchange Commission for the fiscal year ended on December 31, 2020. Per the filing, in January 2021 the company updated its investment...

Dec 10 2020

MassMutual Buys $100 Million Worth Of Bitcoin

The Massachusetts Mutual Life Insurance Company has jumped on the Bitcoin hype train with the announcement of its purchase of $100 million in BTC for its general insurance account, which totaled almost $235 billion as of September, according to the Wall Street Journal. This continues an ongoing trend of companies and institutions...

Dec 09 2020

The Sovereign Company Thesis

Bitcoin does the same thing for companies as it does for individuals: it gives them more freedom. In the wake of large public corporations adding bitcoin to their balance sheets, I want to explore the greater implication of companies adopting Bitcoin. As companies adopt Bitcoin, they will begin to gain new levels of sovereignty and leverage over the state as well as...

Oct 22 2020

As Corporations Build Bitcoin Treasuries, We All Win

The last three months in Bitcoin have been marked...

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