Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins

Microstrategy's Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More BitcoinsNine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins […]

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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in DealAfter Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the […]

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UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin ValueA recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s […]

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Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious MetalGold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy […]

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Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting

sonySony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push. […]

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