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 …
MoreTag: MicroStrategy
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 …
MoreMicrostrategy to acquire an additional $15 million in Bitcoin (BTC)
Microstrategy announced today that it purchased $15 million worth of Bitcoin. The company’s CEO, Michael Saylor, tweeted this morning that his company had bought approximately 253 BTC, bringing its total holdings to …
MoreInstitutions Prefer Bitcoin to Gold ETFs According To Bloomberg
A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. The Bitcoin …
MoreChinese Tech Company Purchases Signal Asian Corporate Attention
The Chinese company Meitu announced on March 7 the purchase of 5,000 ETH and more than 379 BTC. The purchase, on Mar. 5, is part of an investment plan using cash …
MoreMicroStrategy Rejects Market Uncertainty And Buys Another Bitcoin Dip
MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty. As announced by CEO Michael Saylor, the company purchased …
MoreCiti: Bitcoin at ‘Tipping Point’ as Institutions Come on Board
Bitcoin is at the “tipping point of its existence” thanks to large institutional investment and growing regulatory groundwork, according to a new report by Citi obtained by CoinDesk. While the …
MoreMicroStrategy buys another 19,452 Bitcoins worth about $1.026 billion
Further increasing their Bitcoin holdings, publicly-traded company MicroStrategy has now acquired an additional 19,452 Bitcoins worth about $1.026 billion. The company’s CEO Michael Saylor broke the news on Twitter and said …
MoreMichael Saylor estimates there will be 1 billion people investing in BTC by 2026
The CEO told CNBC’s Squawk Box segment that BTC would be the savings method of choice for about one billion people on a mobile device within five years. He added that bitcoin …
MoreMicroStrategy Prepares To Purchase $1,030,000,000 in Bitcoin
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 …
More