bitcoin treasury

Tokyo Stock Exchange-Listed Metaplanet Boosts Bitcoin Holdings

July 1, 2024 Bitcoin.com

Bitcoin

Metaplanet, listed on the Tokyo Stock Exchange under the ticker 3350, announced on July 1 that it has made an additional bitcoin purchase. Following the company’s disclosure on June 24 about plans to acquire BTC worth 1 billion yen ($6.2 million), Metaplanet has initiated the purchase with an investment of 200 million yen. This transaction […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD

June 24, 2024 Bitcoin.com

Bitcoin

The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be recorded at its acquisition cost for long-term holdings. The company’s stock has surged by almost 500% since the beginning of the year. Valuation […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase

June 20, 2024 Bitcoin.com

Bitcoin

Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering of convertible senior notes that offer a 2.25% annual interest rate. MSTR Now Hodls […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars

June 12, 2024 Bitcoin.com

Bitcoin

Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC, amounting to a total aggregated purchase […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC

June 7, 2024 Bitcoin.com

Bitcoin

Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6, the company’s total bitcoin holdings stood at 828 BTC, purchased for a combined $57 million. CEO Doug […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

El Salvador Launches Treasury Holdings Site, Confirms Daily Bitcoin Purchases

May 14, 2024 Bitcoin.com

bitcoin treasury

The Bitcoin Office of El Salvador (ONBTC) has launched a site that allows anyone to confirm the treasury holdings of the country, offering a large degree of transparency in its finances. The site, composed as a custom instance of mempool space, a popular block explorer, confirms that the country has been purchasing one bitcoin per […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space

May 13, 2024 Bitcoin.com

bitcoin treasury

In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it has provided a custom instance of The Mempool Open Source Project for the ONBTC. […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Block Is Buying Bitcoin Every Month for Its Balance Sheet

May 4, 2024 Bitcoin.com

bitcoin balance sheets

Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale

March 19, 2024 Bitcoin.com

Bitcoin Companies

On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds and excess cash. Microstrategy Now Holds 214,246 Bitcoin After Microstrategy announced its convertible note sale, the […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise

March 11, 2024 Bitcoin.com

Bitcoin Companies

Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company […]

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?