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MicroStrategy stock price jumped once again after announcing it has bought a total of $425 million in Bitcoin to date, but will other companies follow in their footsteps? Go to Source Powered by WPeMatico
Canada-based Middle Eastern restaurant chain Tahini’s has converted all of its cash reserves into bitcoin. The company says bitcoin offers a much better alternative to cash savings. From Cash Savings to Bitcoin Middle Eastern restaurant chain Tahini’s has announced via Twitter that its entire cash reserves have been converted into bitcoin. Tahini’s is a small … Read more
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of new investors – both retail and institutional – to … Read more
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. Public Company Now Holds Bitcoin as Cash Reserve Microstrategy Inc. (NASDAQ: MSTR), which describes itself as … Read more