JPMorgan: Corporations will not buy Bitcoin after Tesla’s move
Analysts at JPMorgan suggested that large companies would not follow Tesla's example and would not invest in Bitcoin due to the asset's high volatility. Bloomberg reports.
JPMorgan: Corporations will not buy Bitcoin after Tesla’s move
Analysts at JPMorgan suggested that large companies would not follow Tesla's example and would not invest in Bitcoin due to the asset's high volatility. Bloomberg reports.
Experts assess the implications of Tesla’s Bitcoin investment
Tesla, Elon Musk's company, invested $1.5 billion in Bitcoin. In the future, it plans to integrate the premier cryptocurrency as a means of payment for its products. In light of the news, Bitcoin reached a new all-time high—above $44,800.
Rakuten partner invests in a Malaysian Bitcoin exchange.
One of Malaysia's largest financial institutions, Kenanga Investment Bank Berhad, has acquired a 19% stake in the local cryptocurrency exchange Tokenize Xchange.
Bill Miller’s fund plans to invest up to $337 million in Bitcoin
Founded by famed investor Bill Miller, Miller Opportunity Trust, with assets of $2.25 billion, plans to invest 15% of them in Grayscale Bitcoin Trust, according to a filing with the U.S. Securities and Exchange Commission.
MicroStrategy CEO’s view on Bitcoin’s potential attracts 6,900 companies
In the 'Bitcoin for Corporations' program at MicroStrategy's annual analytics software conference, representatives from 6,917 different enterprises participated.
Ruffer Investment trims bitcoin stake after 100% gain
British investment company Ruffer Investment liquidated part of its bitcoin position after a doubling in the asset's price. The Telegraph reports.
California Public Employees’ Retirement System Increases Stake in Riot Blockchain Amid Bitcoin Rally
The California Public Employees' Retirement System (CalPERS) nearly sevenfold increased its investments in the mining company Riot Blockchain in Q4 2020. This is evidenced by the filing submitted to the U.S. Securities and Exchange Commission.
Kiss Bassist Gene Simmons Invests in Dogecoin and XRP
The Kiss bassist Gene Simmons spoke about his investments in cryptocurrencies amid the rise in Dogecoin (DOGE) and XRP.
Porn Star Mia Khalifa Invested in Dogecoin Amid Coin Rally
Porn star Mia Khalifa, Lebanese-born, presumably bought an unknown amount of the rapidly rising Dogecoin (DOGE). Okay I caved and bought the dog stocks lmaoooooo — Mia K. (@miakhalifa) January 29, 2021 "Okay, I caved and bought the dog stocks, funny to tears," wrote the Lebanese-born porn star. It is presumably referring to the cryptocurrency, whose price over the 24 hours rose about tenfold.
MicroStrategy to explore new bitcoin investment opportunities
The analytics software maker MicroStrategy will continue to deploy free cash flow into bitcoin and will explore new ways to invest in the leading cryptocurrency, according to CEO Michael Saylor in the fourth-quarter 2020 report.We use cookies to improve the quality of our service.
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