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Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset

Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying bitcoin (BTC) as a reserve asset. “We…believe that holding […] дальше »

2021-1-26 10:30


Big Uptick in 1k BTC Addresses Shows Institutions Bought the Dip; Goldman Sachs says Still Just 1% of Institutional Money

Despite the healthy pullback, more correction cannot be ruled out yet but $30k will be protected because many institutional investors bought around this level. The post Big Uptick in 1k BTC Addresses Shows Institutions Bought the Dip; Goldman Sachs says Still Just 1% of Institutional Money first appeared on BitcoinExchangeGuide. дальше »

2021-1-13 21:18


BTC Smashes Through All-Time-High Past $24K

A Christmas Miracle? Though Bitcoin made headlines this week with its run through $20K and then $23K, it seemed like the mainstream media was only starting to pick up on the momentum. While hodlers who bought BTC at the time at $19,000 are finally feeling that sweet relief about three years later, the fundamentals this … Continued The post BTC Smashes Through All-Time-High Past $24K appeared first on BeInCrypto. дальше »

2020-12-20 20:54


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Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy

U. S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions. дальше »

2020-12-2 08:30


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PayPal purchased 70% of all newly-mined BTC over the past month

Payments giant PayPal bought up to 70% of all newly-mined BTC over the past month since it started offering crypto services on October 21 this year. Pantera Capital, a hedge fund manager, unveiled this news in its most-recent monthly blockchain letter, adding that combined with Square’s Cash App, the two firms are purchasing more than 100% of all newly-issued BTC. дальше »

2020-11-24 14:55


Institutional Asset Manager, Stone Ridge, Buys 10,000 ($115M) Bitcoin as its Treasury Reserve Asset

The $10 billion institutional asset manager has bought 10k BTC worth $115 million as its “primary treasury reserve asset. ” Publicly-traded MicroStrategy first started the narrative (twice), then last week, Jack Dorsey’s Square bought $50 million Bitcoin, representing 1% of company assets. дальше »

2020-10-13 20:17


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A “Tsunami” Of Institutional Investors Is Coming Following Square’s $50 Million Investment In Bitcoin, Tyler Winklevoss Predicts

On October 8, Jack Dorsey’s Square Inc. announced that it had purchased approximately 4,709 BTC worth $50 million. Square even explained in detail how they bought the bitcoins over-the-counter via a liquidity provider that services CashApp in a bid to help others who might want to do the same. The firm cited: “We negotiated a […] дальше »

2020-10-10 14:32


Grayscale Bought 17,100 BTC Last Week, Now Holds 2.4% of Bitcoin’s Supply

As the bitcoin price continues to remain under $13,000 for over a year now and around $10,000 for more than the past month, there is no better time to stack some sats. With the leading digital currency still 45% away from its peak of $20,000, ‘buy the dip' opportunities are being taken advantage of not […] The post Grayscale Bought 17,100 BTC Last Week, Now Holds 2. дальше »

2020-9-29 18:56


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This Billion-Dollar Company Just Bought Over 20,000 BTC Amid Market Turbulence

Not too long ago reports were circulating that the billion-dollar, publicly-traded MicroStrategy was considering a major purchase of bitcoin to protect against inflation. The business intelligence company fears that with all these trillions of dollars being added to the economy via stimulus packages, the dollar will begin to lose its value. But MicroStrategy recognizes Bitcoin […] дальше »

2020-8-12 21:54


Пользователь Reddit нашел свой ноутбук с 533 BTC

Пользователь Reddit по имени Шотукан сообщил, что обнаружил свой ноутбук более чем 10-летней давности, в котором хранилось 533 BTC (стоимость – $5 162 120 на момент написания поста). Finally found my long lost computer I’ve been searching for that had 533 bitcoins on it from when I bought them back in 2010. Little brother had […] дальше »

2020-6-10 14:55


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Grayscale has Bought More Bitcoin than has Been Mined Since Halving

Institutional interest in Bitcoin is increasing, so much so that major firms are buying up the asset at unprecedented rates. Grayscale has been aggressive on BTC acquisition since the halving. The investment firm has purchased 18,910 bitcoins over the past couple of weeks according to investor Kevin Rooke [@kerooke], who added, “Wall Street wants Bitcoin, […] The post Grayscale has Bought More Bitcoin than has Been Mined Since Halving appeared first on BeInCrypto. дальше »

2020-5-30 17:10


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Grayscale Institutional Buyers Doubling up on Bitcoin

Institutional buyers are increasing their exposure to Bitcoin (BTC) via Grayscale Investments suite of crypto trusts. Grayscale Investors’ Bitcoin Appetite Unsated According to data shared by crypto researcher Kevin Rooke via Twitter on Thursday (May 28, 2020), the firm’s bitcoin investment trust bought 18,910 BTC, although only 12,337 bitcoins were mined since BTC’s third halvingRead MoreRead More. дальше »

2020-5-29 21:00


Institutional Investors Are Scooping Up All the Newly Minted BTC, Leaving Not Much Left to Buy

Over the last three months, Grayscale Investments bought up to 33% of all newly minted bitcoin. The asset manager continues to stockpile the world’s leading digital asset for its clients having added nearly 70,000 BTC to its Bitcoin Trust Fund between February to May 17, reads a researcher’s post on Reddit. The researcher noted, “The […] дальше »

2020-5-24 16:49