bitcoin treasury

British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin

June 8, 2021 Bitcoin.com

asset management firm

British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From Bitcoin Investment London-based asset management firm Ruffer revealed that it […]

Read more

Utah House committee passes bill for state to buy crypto

Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC

June 7, 2021 Bitcoin.com

bitcoin balance sheets

Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends to offer $400 million of “senior secured notes due 2028” in a […]

Read more

Utah House committee passes bill for state to buy crypto

Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin

May 15, 2021 Bitcoin.com

bitcoin balance sheet

The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies investing in bitcoin is growing worldwide. In […]

Read more

Utah House committee passes bill for state to buy crypto

E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury

May 6, 2021 Bitcoin.com

bitcoin balance sheet

Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets. Mercadolibre Holds Bitcoin on Balance Sheet Mercadolibre Inc. reported its first-quarter […]

Read more

Utah House committee passes bill for state to buy crypto

Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

April 16, 2021 Bitcoin.com

ATMs

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins […]

Read more

Utah House committee passes bill for state to buy crypto

TIME Magazine Gets Into Bitcoin: Partners With Grayscale, Will Hold BTC on Balance Sheet

April 13, 2021 Bitcoin.com

bitcoin balance sheet

TIME Magazine will be holding bitcoin on its balance sheet, the company’s president has confirmed. TIME is also partnering with Grayscale Investments to produce a video series on cryptocurrency and has agreed to be paid in bitcoin. TIME Magazine Will Hold Bitcoin on Balance Sheet TIME Magazine has partnered with Grayscale Investments to produce a […]

Read more

Utah House committee passes bill for state to buy crypto

Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC

April 12, 2021 Bitcoin.com

bitcoin treasury

Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered […]

Read more

Utah House committee passes bill for state to buy crypto

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

March 30, 2021 Bitcoin.com

Bitcoin Ecosystem

New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […]

Read more

Utah House committee passes bill for state to buy crypto

Crypto Exchange FTX on the Verge of Winning Naming Rights for the Miami Heat’s Arena

March 24, 2021 Bitcoin.com

bitcoin treasury

Samuel Bankman-Fried’s FTX crypto exchange is reportedly one vote away from winning a naming-rights deal for the arena of the NBA’s Miami Heat. The deal, which is believed to be worth $135 million, is set to be approved on March 26 by the Miami-Dade County Commission. Miami-Dade to Get $5 Million a Year According to […]

Read more

Utah House committee passes bill for state to buy crypto