-
MicroStrategy Settles Silvergate Loan, Boosts Bitcoin Portfolio: A Deep Dive Into Company's Crypto Strategy
Monday, March 27, 2023 - 11:19am | 493Software firm MicroStrategy (NASDAQ: MSTR) has repaid the outstanding principal on its $205 million loan from the now-defunct Silvergate Bank (NYSE: SI), specializing in cryptocurrency services, as stated in a recent U.S. Securities and Exchange Commission filing. The company, co-founded...
-
Argo Blockchain Boosts Bitcoin Mining Production By 14% In January
Wednesday, February 8, 2023 - 1:55pm | 319Argo Blockchain (NASDAQ: ARBK) reported an 14% increase in its Bitcoin (CRYPTO: BTC) mining production for the month of January, producing 168 Bitcoin compared to 147 Bitcoin in December 2022. The London Stock Exchange-listed company attributed the increase to fewer curtailment hours in...
-
Retail Investors Now Hold The Largest Share of Bitcoin Supply: Report
Wednesday, December 21, 2022 - 11:24am | 596Retail investors currently hold about 17% of the total circulating quantity of Bitcoin (CRYPTO: BTC), according to public blockchain data compiled by Glassnode. Reflexivity Research analyst Will Clemente tweeted in response to the data, saying it was “Not perfect yet, but solid for a 12-year-...
-
US Department Of Justice Seizes $3.36B In Bitcoin From Silk Road Dark Web Fraud
Monday, November 7, 2022 - 1:20pm | 411The U.S. Department of Justice announced on Monday that it seized around $3.3 billion in Bitcoin (CRYPTO: BTC) from a hacker who stole the cryptocurrency from the Silk Road dark web internet marketplace in September 2012. The hacker, identified as James Zhong, pled guilty before a New...