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Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’

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The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy by gathering exposure to over $300 million worth of the cryptocurrency. Skybridge Capital Cofounder Says Gamestop Stock Activity Bolsters the … Read more

Can’t Keep a Good Dog Down: Meme Token Dogecoin Spiked Over 500% This Year

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The leading cryptocurrency bitcoin has crossed new all-time highs (ATH) in 2020 and into 2021 as well. However, many other digital assets have a long way to go to reach the ATH they experienced three years ago in 2017. Although one particular older cryptocurrency, the popular meme token Dogecoin is nearing its 2017 ATH, well … Read more

Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year

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On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on the company’s product development related investments in bitcoin during the … Read more

Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC

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Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion. Microstrategy Now Has Over $1.6 Billion in Bitcoin Billion-dollar public company Microstrategy (Nasdaq: MSTR) announced its latest bitcoin purchase on Monday. CEO Michael Saylor tweeted: Microstrategy has purchased an … Read more