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Microstrategy Buys 301 Bitcoin, Public Company Now Holds 130,000 BTC

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According to Microstrategy’s executive chairman Michael Saylor, his company has recently purchased 301 bitcoin for $6 million at an average price of $19,851 per coin. Saylor detailed that the firm’s balance sheet now holds 130,000 bitcoins as the company’s stash is the largest number of bitcoins held by a publicly listed business today. Microstrategy Acquires … Read more

Tesla’s Elon Musk Offers to Buy Twitter for $41 Billion, Says He Wants to Make It a Private Company

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Tesla billionaire Elon Musk has offered to purchase Twitter for $41.4 billion, according to a Securities and Exchange Commission (SEC) filing published on Thursday. Musk also explained in his note that he believes Twitter should be a private company and he decided he wants “to acquire the company and take it private.” Elon Musk Offers … Read more

Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Against Fiat Currency Devaluation

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Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced its gold investment. Ruffer says that its bitcoin investment is an “insurance policy against the … Read more

Crypto Exchange Operator Diginex to List on Nasdaq in September

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Crypto startup Diginex has launched a cryptocurrency exchange ahead of its Nasdaq listing which has already been approved by the U.S. Securities and Exchange Commission (SEC). The new exchange is based in Singapore where Diginex has applied for a license. Diginex Set to List on Nasdaq A cryptocurrency exchange operator, Diginex, is set to list … Read more

Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

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In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM … Read more