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3232Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
https://www.digit.info/crypto-flash-crash-prompts-el-salvador-to-buy-the-dip-150-bitcoins-added-to-treasury/
Sat, 04 Dec 2021 17:30:28 +0000https://www.digit.info/2021/12/04/crypto-flash-crash-prompts-el-salvador-to-buy-the-dip-150-bitcoins-added-to-treasury/Read more]]>As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were bought seven minutes before the price of the […]
]]>Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC
https://www.digit.info/microstrategy-buys-489m-worth-of-bitcoin-company-now-holds-more-than-100000-btc/
Mon, 21 Jun 2021 15:30:26 +0000https://www.digit.info/2021/06/21/microstrategy-buys-489m-worth-of-bitcoin-company-now-holds-more-than-100000-btc/Read more]]>The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more than 100,000 bitcoins on its balance sheet. Microstrategy Now Holds 105,085 Bitcoin Michael […]
]]>Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
https://www.digit.info/elon-musks-tesla-faces-scrutiny-over-potential-conflict-of-interest-in-1-5-billion-bitcoin-purchase/
Thu, 18 Feb 2021 02:31:12 +0000https://www.digit.info/2021/02/18/elon-musks-tesla-faces-scrutiny-over-potential-conflict-of-interest-in-1-5-billion-bitcoin-purchase/Read more]]>Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s Bitcoin Purchase Tesla is further under scrutiny over its […]