Metaplanet completes Bitcoin buying goal with another $1.2M purchase
Since its first Bitcoin purchase, the company’s stock price surged 810% from about $0.12 to $1.10. Go to Source
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German gov’t prepares for next $276M BTC sell-off
The German government moved 3,100 BTC worth $178 million in one hour, with more sell-offs likely imminent. Go to Source
Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin
If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million. Go to Source
Metaplanet rallies 10% as it scoops Bitcoin for third time in 2 months
The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million. Go to Source
Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) … Read more
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark contrast to its performance just eight months earlier. From Decline to … Read more
Tesla earnings: Bitcoin bags untouched as firm splashes out on AI
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development. Go to Source
Elon Musk’s Tesla held onto its Bitcoin in Q4 despite market turbulence
The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022. Go to Source Powered by WPeMatico
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were bought seven minutes before the price of the … Read more
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings Elon Musk’s Tesla released … Read more
