1. Home
  2. mogo

mogo

Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC

Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private and Public Companies, ETFs, and Countries — Treasuries […]

Top Analyst Says Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook on Bitcoin and Dogecoin

Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets

Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto AssetsOn Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans to keep 5% of its balance sheet assets in digital […]

Top Analyst Says Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook on Bitcoin and Dogecoin

Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing

Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or RefinancingOn Monday, the publicly-listed Canadian company Mogo announced the firm is extending the bitcoin rewards program applied to the firm’s prepaid Visa card to the operation’s Mogomortgage product. Mogo members leveraging the Mogomortgage platform can earn up to $3,100 in bitcoin if they engage in a new mortgage or refinance an existing real estate loan. […]

Top Analyst Says Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook on Bitcoin and Dogecoin

Canadian Loan Broker Mogo Offers Bitcoin Cashback on Home Loans

NASDAQ-listed financial services firm Mogo Inc. has offered Bitcoin cashback on home loans and refinance borrowings. 

Mogo Promotes Bitcoin 

Canadian mortgage broker Mogo Inc. will give Bitcoin cashback rewards to borrowers on its mortgage platform up to $3,100. 

The Company will pay cashback in Bitcoin to the customer’s Bitcoin & Rewards Account based on the principal amount. The cashback begins from $500 and ranges between 0.25%-0.35% of the borrowing amount. 

Canadian Loan Broker Mogo Offers Bitcoin Cashback on Home Loans
MogoMortgage Bitcoin Cashback. Source: Mogo

The feature is available across eight provinces in Canada. 

David Feller, the company’s founder and CEO, noted in the press release that individuals would soon look to add Bitcoin just like “corporations add it to their balance sheets.” He added: 

“Unlike traditional reward programs, bitcoin rewards have the unique characteristic of being an asset class that can rise in value over time – $3,100 invested in bitcoin 5 years ago would be worth over $350,000 today.”

Mogo’s entry into Bitcoin is not new. The company enables buy and sell on its online platform MogoCrypto service and also holds BTC on its balance sheet like MicroStrategy and Tesla.

Earlier, Mogo also offered BTC cashback for Platinum VISA Prepaid Card customers.

Disclosure: The author held Bitcoin at the time of press. 

Top Analyst Says Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook on Bitcoin and Dogecoin