microstrategy

Auto Added by WPeMatico

Paris Hilton ‘Very, Very Excited’ About Bitcoin — Confirms She Is a Long-Term Crypto Investor

by

Paris Hilton says she is “very, very excited” about bitcoin, stating that “It’s definitely the future.” Besides confirming that she is a long-term bitcoin investor, the Hilton heiress put laser eyes on her social media profile picture and talked about her upcoming non-fungible token (NFT) projects. Paris Hilton Says Bitcoin Is ‘Definitely the Future’ Hilton … Read more

Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying

by

Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also … Read more

Microstrategy Buys $1 Billion More Bitcoin — Company Now Holds Over 90,000 BTC

by

Microstrategy has purchased an additional $1.026 billion worth of bitcoin, raising the total number of bitcoins it has accumulated to about 90,531. Its CEO explained that his company remains focused on its two corporate strategies of growing its enterprise analytics software business and “acquiring and holding bitcoin.” More Than $2 Billion Worth of Bitcoin Now … Read more

German Cannabis Firm Hedges Bitcoin to Protect from Massive Currency Devaluation

by

On Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge against the euro. Synbiotic’s chief executive officer, Lars Müller explained that the company decided to hedge with the leading crypto asset in order to protect the … Read more