$100 Billion Softbank Fund Flops After CEO Exposes Monster Bitcoin Loss

2019-6-4 18:09

By CCN: Just months ago, Japanese tech behemoth Softbank was on top of the world, and CEO Masayoshi Son added $5 billion to his net worth following a well-timed stock buyback program. But fortunes have turned for Softbank and Mr.

Son. Softbank stock has slumped nearly 20 percent since its April highs, its Uber investment is looking shaky, and new fundraising efforts are failing. Meanwhile, Mr. Son revealed his monstrous losses from a disastrous bitcoin bet. Softbank Founder Suffers Bitcoin Blues In April CCN reported on Son’s brief but regrettable investment in bitcoin, writing that: “It is not known

The post $100 Billion Softbank Fund Flops After CEO Exposes Monster Bitcoin Loss appeared first on CCN

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Источник: ccn.com

softbank bitcoin → Результатов: 16

Billionaire SoftBank Founder Reveals Why He Got Out of Bitcoin

Bitcoin's volatility was way too distracting for SoftBank CEO Masayoshi Son

2020-11-20 09:22
softbank bitcoin distracting too way ceo son

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‘Japan’s Warren Buffet’ Loses $130 Million in Bitcoin

One of Japan’s most infamous entrepreneurs, Masayoshi Son, lost USD $130 million during the Bitcoin correction that occurred in 2017. Masayoshi Son was dubbed “Japan’s Warren Buffet” in an opinion piece posted by Nikkei Asian Review.

2019-4-29 21:00	Japan
japan bitcoin million buffet warren son 130

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The Need for a Crypto Regulatory Framework in Japan, Nikkei Asian Review’s Pesek Explains Why

It has recently been reported by William Pesek – from Nikkei Asian Review – that renowned Japanese investor, Masayoshi Son has lost $130 million of his own money due to investing in Bitcoin. Also serving as the CEO of SoftBank Group, which is currently valued at $100 Billion, many are questioning his decision to enter […]

2019-4-29 01:33	Legal & Regulation
nikkei review pesek asian ceo softbank serving

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SoftBank Inks $1 Billion Partnership Deal with Wirecard

Wirecard, a German internet technology and financial services company, has inked a strategic partnership deal that will see SoftBank Group Corp. , a Japanese multinational conglomerate, invest over $1 dollars in the form of convertible bonds in the former.

2019-4-26 14:00
wirecard partnership softbank deal launch operations inread

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Is Softbank Right to Stay Away From Crypto After Son’s $130M Bitcoin Loss?

While Bitcoin (BTC) has always been about improving the world’s financial and political wellbeing, this nascent market isn’t all too kind. Over the course of 2018, retail investors across the board lost their shirts, industry employees were laid off, and crypto’s reputation and presence in the mainstream sadly fell off the map.

2019-4-24 15:00	Bitcoin
bitcoin crypto 130m off loss son stay

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Bitcoin Crash Cost SoftBank Founder Masayoshi Son $130 million

It seems Masayoshi Son was one of the many who were affected by the 2018 crypto price slump as it was reported on April 23, 2019, that he lost $130 million after selling off his bitcoin after the crash.

2019-4-24 13:00
bitcoin crypto slump affected crash masayoshi son

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SoftBank CEO Lost $130M On Bitcoin Investment Reportedly Made During All-time Highs

The Wall Street Journal reports that the founder of Japanese conglomerate Softbank has lost $130 million in bitcoin investments… The post SoftBank CEO Lost $130M On Bitcoin Investment Reportedly Made During All-time Highs appeared first on Invest In Blockchain.

2019-4-24 09:05
bitcoin softbank lost all-time highs made 130m

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WSJ: Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment

Masayoshi Son, founder of multinational conglomerate SoftBank Group and billionaire, reportedly lost over $130 million with his bitcoin investment

2019-4-23 19:58	Japan
130 million bitcoin lost investment founder billionaire

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Глава SoftBank купил Bitcoin в 2017 году. Заработать не получилось

Во время пика рынка криптовалют в декабре 2017 г. миллиардер и основатель SoftBank Масаеси Сон купил Bitcoin на значительную сумму, по информации источников The Wall Street Journal. После этого цифровые деньги резко подешевели, и предприниматель продал их, убытки превысили $130 млн.

2019-4-23 19:02
bitcoin 2017 купил softbank превысили убытки 130

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Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million

By CCN. com: Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market. And lost. The SoftBank Founder reportedly cut a loss of $130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017.

2019-4-23 16:42
bitcoin million 130 lost bet price loss

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Identification Study Group to be Held between SoftBank and TBCASoft

A new blockchain-based identification study group is to be launched between SoftBank and TBCASoft, as reported on February 26, 2019. Study in Progress Consumers have, in the last few years, become much more concerned about their privacy.

2019-2-27 02:00	News
study tbcasoft identification group between softbank user

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Softbank Looking at Blockchain for Global Payments

Softbank, the world-renowned multinational corporation headquartered in Tokyo that has substantial stakes in established telecommunication companies such as Sprint and is also the biggest stakeholder in Uber, has completed a proof-of-concept global payment system that utilizes blockchain technology.

2018-9-18 05:01	blockchain
blockchain global softbank completed looking payments sept

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Последний раунд финансирования Bitmain уже не кажется таким безоблачным

Компании Tencent и Softbank Group официально заявили, что не будут принимать участие в последнем раунде финансирования майнингового гиганта Bitmain. Сообщение Последний раунд финансирования Bitmain уже не кажется таким безоблачным появились сначала на Freedman.

2018-8-21 19:14	Bitmain
bitmain финансирования последний безоблачным кажется таким раунд

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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent

Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain.

2018-8-21 18:03	Mining
bitmain softbank market bitcoin story tencent pre-ipo

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SoftBank Denies Signing Deal With Bitcoin Mining Company Bitmain

It seems that SoftBank is not getting involved in cryptocurrencies with the Bitcoin mining company Bitmain. According to an official from the company, the investment deal that has been reported in the last weeks is not real.

2018-8-19 17:52	News
company softbank bitmain deal bitcoin mining reports

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Bitmain Hits $15 Billion Valuation With Recent Backing From Uber's Largest Shareholder

Bitcoin mining firm Bitmain is now valued at $15 billion after closing a pre-IPO funding round with backing from tech giants Tencent and Softbank

2018-8-8 00:01	ipo
backing bitmain billion pre-ipo softbank closing funding

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