Tags : Buying

Bitcoin

US: A historic gold investor is now buying Bitcoin (BTC)

Texas-based investment management firm US Global Investors has bought significant exposure to Bitcoin by investing in Grayscale funds. According to a filing to the US Securities and Exchange Commission (SEC) published on August 30th, the company added over $566,000 worth of Grayscale Bitcoin Trust shares (GBTC) to three out of eight of its mutual funds. […]Read More

Bitcoin

HK firm Meitu nurses Bitcoin (BTC) losses after buying the

Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement. The Hong Kong Stock Exchange-listed photo editing company holds millions of dollars worth of Bitcoin (BTC) and Ethereum (ETH) as part of its […]Read More

Bitcoin

‘I felt like a moron’ for not buying Bitcoin, says

Billionaire investor Stanley Druckenmiller has recently explained why invested only $20 million in Bitcoin (BTC), skeptical of Ethereum (ETH), and prefers to pretend that Dogecoin (DOGE) doesn’t exist at all. “For the first move in Bitcoin—I think from like $50 to $17,000—I just sat there aghast. And […] I wanted to buy it every day. […]Read More

Bitcoin

Bitcoin firm that exploded 12,000% in the past year is

Bitcoin firm that exploded 12,000% in the past year is buying the world’s largest mining farm Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Riot Blockchain, a publicly listed United States Bitcoin mining player, acquired a crypto mining facility for over $650 million last week as […]Read More

Bitcoin

How Buying A Tesla With Bitcoin Is A Catch-22

This week the crypto market went nuts when Elon Musk revealed his company began accepting Bitcoin as a form of payment for any Tesla model. While this caused prices to initially soar, reading the fine print reveals a bit of a catch-22 situation for anyone who uses the cryptocurrency to pay. Here’s what you need […]Read More