Business intelligence firm MicroStrategy is gearing up to make an additional purchase of $1.03 billion worth of Bitcoin. In a new post on the company’s website, the publicly-traded firm announces …
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U.K.-based crypto firm launches service for company treasuries to invest in Bitcoin
BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According to a Feb. 19 announcement, BCB Group …
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According to survey, 5% of corporate CFOs plan to buy bitcoin in 2021
A small-scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they …
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The financial services giant adds crypto-friendly Signature Bank on its focus list
JP Morgan, the financial services giant that has prominent crypto clients such as Coinbase and Gemini, has put Signature Bank on its focus list. A focus list involves which stocks the firm’s …
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Bitcoin Bull Run May Intensify as Tesla Leads Corporates on Treasury Investments
The market is now pricing in a high likelihood that many other corporates will copy Tesla. Bitcoin could rally further as the market anticipates a pick up in corporate demand …
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Tesla’s Investment Puts BTC Market Cap On the Way to $1TN
When PlanB released its widely-circulated bullish paper, titled “Modeling Bitcoin Value with Scarcity,” in 2019, he raised many eyebrows for predicting a $1 trillion market valuation for the world’s first …
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Reddit Worth $6 Billion after $250 Million Funding Round Amid WSB Mania
Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round, as announced by the company on Monday night. The news comes just …
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CME Group on the cusp of launching its long-awaited Ether futures product
CME is about to open its doors to ETH futures trading. The derivatives exchange said in a Sunday morning tweet that ETH futures will go at 6 p.m. ET on Sunday “for …
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A new $72 million crypto venture capital fund has been announced
Paul Tudor Jones, LL Cool J, and more back the new $72 million crypto VC fund. Details of the fund and its backers were first reported by Yahoo! Finance. The fund’s …
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Institutional investors are rushing toward Bitcoin at high speed
Institutional investors are rushing to acquire and add Bitcoin to their portfolio — but is it too late? Recently, Marathon Patent Group, a Nevada-based Bitcoin mining company, has bought $150 million …
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