corporate treasury – DIGIT INFO

National Center for Public Policy Research proposes BTC treasury to Amazon

DIGIT — Sun, 08 Dec 2024 21:53:22 +0000

The National Center for Public Policy noted that MicroStrategy’s stock outperformed Amazon’s stock by 537% due to its Bitcoin strategy.

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Worksport stock jumps 9% after adding BTC, XRP to treasury strategy

DIGIT — Thu, 05 Dec 2024 21:35:46 +0000

Worksport plans to dedicate up to 10% of its surplus operational cash to purchase Bitcoin and XRP.

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Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say

DIGIT — Tue, 08 Oct 2024 11:37:43 +0000

Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However, challenges such as net losses and bitcoin volatility could complicate this forecast, despite a […]

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Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

DIGIT — Fri, 29 Jul 2022 17:30:05 +0000

On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after the 18 MW increase boosted the computational power by 200 […]

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Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

DIGIT — Mon, 10 Jan 2022 22:30:46 +0000

Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of the falling price of bitcoin. The publicly traded bitcoin […]

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Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC

DIGIT — Thu, 30 Dec 2021 23:00:21 +0000

Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has […]

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Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury

DIGIT — Wed, 07 Jul 2021 00:30:03 +0000

Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold bitcoin. Furthermore, Allied will keep bitcoin on its balance sheet. Allied Payment […]

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Analysts Expect Flood of Companies to Follow Tesla and Hold Bitcoin —Twitter Already Considering

DIGIT — Thu, 11 Feb 2021 14:30:36 +0000

Following Tesla’s move to invest $1.5 billion in bitcoin, analysts are predicting that a flood of other companies will follow suit. Mad Money’s Jim Cramer thinks that all companies should put bitcoin in their balance sheets, and Twitter reveals that it is already looking into doing that. Other Companies Will Follow Tesla’s Bitcoin Example, Say […]

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