Technoking and Master of Coin — Elon Musk and Tesla CFO adopt new titles
In a world where CEOs and CFOs no longer matter, meet Tesla’s new Technoking and Master of Coin. Go to Source Powered by WPeMatico
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Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban. Elon Musk … Read more
Elon Musk’s latest canine-themed tweet didn’t pump Dogecoin as much as SHIB
The price of the Shiba Inu token rose 300% in the hours following Musk’s tweet. Go to Source Powered by WPeMatico
‘Existential threat’ to Bitcoin-investing companies from carbon fallout
Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors. Go to Source Powered by WPeMatico
Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also … Read more
Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s
Goldman Sachs’ Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks. Go to Source Powered by WPeMatico
Watershed moment? Bitcoin price exceeded all expectations in February
Is this the moment of truth for the real value of Bitcoin? February seems to have been a watershed moment in its history. Go to Source Powered by WPeMatico
Netflix ‘might’ be next Fortune 100 firm to buy Bitcoin — Tim Draper
The famous investor picks Netflix among major companies as the most likely to put Bitcoin on its balance sheet. Go to Source Powered by WPeMatico
DOGE is now supported at 1,800 ATMs in 45 US states
U.S. citizens can now purchase Dogecoin from ATMs in 45 of the country’s 50 states. Go to Source Powered by WPeMatico
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than $65 billion worth of bitcoin. The Corporate Bitcoin Stash- … Read more
