Tesla Motors sold a portion of its Bitcoin (BTC) holdings in the first quarter of 2021, generating net proceeds of $272 million, the electric vehicle maker reported Monday. In a …
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UK government creates central bank digital currency task force
Her Majesty’s Treasury and the Bank of England have begun preliminary central bank digital currency studies that could result in the creation of a national digital currency. In a document published …
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MicroStrategy to announce Bitcoin (BTC) bonuses for board of directors instead of cash
Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash. A modified 8-K form filed with the United States Securities and Exchange …
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HSBC reportedly blacklists MicroStrategy’s stock for investing in BTC
Buying MicroStrategy stock is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed message from the bank to …
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Tesla’s landlord to accept crypto. Will Elon Musk pay rent in Bitcoin?
After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next step and begin paying rent in Bitcoin (BTC). While no announcement has been …
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No Fiat Conversion: Why Companies Increasingly Choose to Retain Bitcoin (BTC)
Mainstream firms entering the Bitcoin market have begun to adopt the option of storing their assets in Bitcoin and boycotting the option of converting to fiat. Some of these businesses include …
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Bakkt Launches its Digital Wallet to Manage All Forms of Digital Assets, Debuting with Starbucks, GolfNow, and Best Buy Among Other Brands
ATLANTA–(BUSINESS WIRE)–Bakkt Holdings, LLC (“Bakkt”), the digital asset marketplace founded in 2018, today announced the launch of the Bakkt® App, the game-changing digital wallet that brings together bitcoin and other …
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BlackRock SEC Documents Reveal $ 360k From Bitcoin Futures
A filing from the U.S. Securities and Exchange Commission shows BlackRock Financial Management’s Bitcoin futures contracts have appreciated significantly this year. According to BlackRock’s monthly portfolio investments report released by the SEC …
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Robinhood to file SEC paperwork for public offering
Robinhood Markets Inc., a popular trading app that recently expanded its cryptocurrency business, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to go public. The company confirmed Tuesday …
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Bitcoin mining shares have surpassed BTC by 455% in the past 12 months
Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital …
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