Tag: corporate treasury

MicroStrategy has acquired 13,005 additional BTC for $489 million, now holding an aggregate of 105,085 bitcoin.MicroStrategy announced that it has acquired 13,005 additional bitcoin for approximately $489 million in cash, at an average price of...

Michael Saylor’s MicroStrategy has bought aggressively during the current bitcoin price dip, accumulating 229 BTC for $10 million.MicroStrategy, the software intelligence firm turned Bitcoin standard bearer, has accumulated 229 bitcoin for a total price of $10 million,...

Peter Thiel’s data analytics firm Palantir Technologies is accepting bitcoin payments and may soon hold BTC on its balance sheet.Data analytics firm Palantir Technologies announced during a recent earnings call that it accepts bitcoin as a form of payment from customers and is considering holding BTC on its balance sheet.“During the call, an investor asked ‘could you ever see Palantir having...

Per an earnings report, Bitcoin-focused payments company Square has purchased 3,318 more BTC and earned $3.51 billion in bitcoin revenue.Today, Square (NASDAQ: SQ) reported its 2021 first quarter earnings. The company remained committed to holding bitcoin as an “...

MercadoLibra, a publicly-traded e-commerce giant, disclosed a $7.8 million bitcoin purchase and plans to hold the BTC indefinitely.Argentina-based e-commerce leader MercadoLibre has disclosed that it purchased $7.8 million worth of bitcoin earlier this year, with plans to hold the asset on its balance sheet indefinitely.According to...

Video game publisher Nexon has purchased 1,717 bitcoin for about $100 million to hedge against potential currency debasement.Asian video game publisher Nexon has announced the purchase of 1,717 bitcoin for approximately $100 million, according to a press release.The average price per BTC was...

Legacy media institution TIME Magazine will be paid for a cryptocurrency video project in bitcoin and hold the asset on its balance sheet.The CEO of digital currency investment firm Grayscale, Michael Sonnenshein, has announced a partnership with TIME Magazine to produce a video series about cryptocurrencies, with the publication...

Bitcoiners have speculated that computer technology corporation Oracle will announce a major bitcoin allocation. If it doesn’t, it should.Following Tesla’s $1.5 billion purchase of bitcoin, Bitcoiners are patiently waiting for the next big-name institution to allocate their treasury to BTC. One of the most...

In another corporate Bitcoin investment, Stone Ridge asset management group announced on Oct 13 that they have invested $115M in Bitcoin, acquiring around ~10,000 BTCs. This is another entry, in a list of recent spree of corporate Bitcoin investments for the treasuries. They are being managed by the Stone Ridge's subsidiary New York Digital Investment Group (NYDIG)....