Tag: bitcoin treasuries

MicroStrategy, which holds more than 92,000 bitcoin, laid the groundwork for a potential $1 billion stock sale in order to buy more BTC.MicroStrategy, the software intelligence firm that has acquired more than 92,000 BTC under CEO Michael Saylor, is considering offering up to $1 billion of stock to buy more bitcoin, immediately following a successful $500 million bond sale for the same...

The page, which is part of Rodolfo Novak’s bitcointreasures.org website, tracks companies offering bitcoin-based salaries and bonuses.As interest in bitcoin grows and more platforms roll out that make it simpler to acquire, secure and leverage, demand for compensation in BTC is on the rise as well. Documenting this rise in real time, Coinkite CEO Rodolfo Novak (aka...

Throughout February, corporations announced massive bitcoin buys in a series of increasingly bullish speculative attacks on the dollar.What started out as a slow trickle of institutional investment pouring into the bitcoin market is developing into a steady stream that will, in time, turn into an all out flood. Let the game theory commence! Prior to 2020, institutional and corporate interest in 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...

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...

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...

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