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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
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
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
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
U.S. citizens can now purchase Dogecoin from ATMs in 45 of the country’s 50 states. Go to Source Powered by WPeMatico
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
The Tesla CEO avowedly loves “dogs and memes” and is greeting the alleged possibility of federal scrutiny of his Dogecoin tweets with a consistently droll attitude. Go to Source Powered by WPeMatico
Tesla stock began to slide in late January, accelerating after the BTC purchase announcement. Go to Source Powered by WPeMatico
The next five years will see the first billion people opting to store their wealth using Bitcoin simply using mobile devices, says the MicroStrategy CEO. Go to Source Powered by WPeMatico
The Microsoft founder thinks anyone with less money than the world’s richest man should “watch out” when it comes to Bitcoin. Go to Source Powered by WPeMatico