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Strategy And Metaplanet Deepen Bitcoin Exposure With Over $190 Million In Fresh Buys Amid $105K Market Level
Monday, June 2, 2025 - 9:47am | 399Two of the most aggressive corporate Bitcoin acquirers, Strategy Inc. (NASDAQ:MSTR) and Japan-based Metaplanet, expanded their holdings significantly in early June, reinforcing the growing institutional embrace of Bitcoin as a treasury reserve asset. Strategy Inc. announced the purchase of 705...
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Donald Trump Jr. Says We Are 'Seriously Long' Bitcoin And After TMTG Reveals Treasury Strategy
Tuesday, May 27, 2025 - 10:04pm | 707Donald Trump Jr., the executive vice president of The Trump Organization, said Monday that the conglomerate is “seriously long” on Bitcoin (CRYPTO: BTC) following the Trump Media & Technology Group’s (NASDAQ:DJT) announcement to raise $2.5 billion to invest in the leading...
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MSTR's New Bitcoin Accounting Standard To Drive 'Financial Swings,' Make Earnings 'Volatile,' Says Expert After Lawsuit Hits Strategy
Tuesday, May 20, 2025 - 8:20am | 934Michael Saylor‘s Strategy Inc. (NASDAQ:MSTR), formerly MicroStrategy, was hit with a lawsuit, specifically after adopting the new accounting rules of reporting cryptocurrency assets on its financial statements. This move could make the Bitcoin (CRYPTO: BTC) treasury company’s earnings...
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Jack Dorsey's Block Is Making It Easy For Companies To Manage Their Bitcoin Treasury—Here's How
Thursday, April 10, 2025 - 1:57am | 770Fintech firm Block, Inc. (NYSE:XYZ) launched a new dashboard Wednesday to help companies effectively manage their Bitcoin (CRYPTO: BTC) holdings. What Happened: The Jack Dorsey-founded company released an open-source toolkit to cater to the rapidly growing Bitcoin treasury management market....
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MSTR Stock Falls Over 3% In Monday Pre-Market: What's Going On?
Monday, March 31, 2025 - 7:32am | 591The stock of Strategy Inc. (NASDAQ:MSTR), erstwhile MicroStrategy, fell 3.75% in premarket on Monday as Bitcoin (CRYPTO: BTC) continues to fall. What Happened: As U.S. tariffs have been weighing on investor sentiment, the stocks are falling ahead of the so-called “Liberation Day,” or...
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Peter Schiff Slams Gamestop's Bitcoin Strategy As Shares Plummet: 'Now That All The Fools Have Already Rushed In, Smarter Investors Are Selling'
Friday, March 28, 2025 - 5:23am | 679Renowned economist Peter Schiff slammed GameStop Corp.’s (NYSE:GME) Bitcoin (CRYPTO: BTC) investment strategy as the company’s shares nosedived on Thursday. What Happened: Schiff took to X, chiming in on the video game retailer’s pullback. “GME is now getting...
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GameStop Cash Pile Expands 3.4% In Q4 Amid Bitcoin Buying Report: Analyst Says Stock Could Drop If Valued As A BTC Treasury Like Michael Saylor's MSTR
Wednesday, March 26, 2025 - 8:03am | 769GameStop Corp. (NYSE:GME) reported a 3.44% increase in its cash holdings during the fourth quarter. It reported a mixed quarter and announced that its board has unanimously agreed to add Bitcoin (CRYPTO: BTC) as a treasury reserve asset. What Happened: GameStop reported cash, cash equivalents, and...
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Vivek Ramaswamy Foresees Bitcoin As A 'More Common' Corporate Treasury Holding As Era Of Easy Money Ends
Wednesday, February 19, 2025 - 1:26am | 648Entrepreneur-turned-politician Vivek Ramaswamy anticipated Bitcoin (CRYPTO: BTC) to become a popular corporate treasury holding on Tuesday. What Happened: In an X post, the Republican noted that as the era of easy money ends, companies and state institutions will need to reassess...
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Amazon Shareholders Propose Adding Bitcoin To Treasury For 'Best' Long-Term Interest, Cite Michael Saylor's MicroStrategy As Example
Sunday, December 8, 2024 - 10:58pm | 819Following in the footsteps of other Wall Street giants, shareholders of online retail giant Amazon.com Inc. (NASDAQ:AMZN) urged the firm Sunday to consider a Bitcoin (CRYPTO: BTC) treasury strategy to enhance shareholder value in the long run. What happened: The National Center for Public Policy...
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Will GameStop, AMC Follow MicroStrategy, Rumble Into Bitcoin?
Tuesday, November 26, 2024 - 1:35pm | 478MicroStrategy Inc (NASDAQ:MSTR) drove market conversations around a “Bitcoin treasury,” whereby companies allocate treasury funds to Bitcoin (CRYPTO: BTC) rather than traditional investments. Rumble Inc (NASDAQ:RUM) followed suit, as revealed in an announcement on Monday. This begs the...
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Hut 8's Crypto Empire Expands With A $50M Boost From Coinbase
Monday, June 26, 2023 - 1:40pm | 576Digital asset mining company Hut 8 Mining Corp. (NASDAQ: HUT) announced on Monday it secured a credit facility of up to $50 million from Coinbase Global Inc.'s(NASDAQ: COIN) Coinbase Credit. The credit facility will be used for general corporate purposes, providing the...