You Searched For "bitcoin balance sheet" and got 20 results
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1 min read
Microstrategy is raising $42 billion — almost its entire market value — to buy more bitcoin
Microstrategy plans to issue debt and equity over three years to buy bitcoin. Its stock is trading …
Matthew Fox
2 mins read
Why bitcoin has 12% upside in the weeks before the election, Standard Chartered says
Bitcoin has the potential to hit an all-time record in the next couple of weeks ahead of the electi…
Filip De Mott
1 min read
Argentines are buying bitcoin instead of US dollars to fight runaway inflation
Purchases of bitcoin rose to their highest weekly level in 20 months, Bloomberg reported, as Argent…
Filip De Mott
1 min read
MicroStrategy adds another 5,050 bitcoin to its balance sheet to bring its total stash of the cryptocurrency to $5.1 billion
The business analytics software maker bought 5,050 for about $242.9 million in cash, according to a…
Carla Mozée
1 min read
Tesla still has $222 million in digital assets on its balance sheet after dumping most of its bitcoin
In an SEC filing Monday, Tesla also disclosed a $170 million impairment charge on its crypto invest…
Brian Evans
2 mins read
Bitcoin losses are piling up for companies that added the crypto to their balance sheet. Here's what the recent crash has cost Tesla, Microstrategy, and Block.
The losses expose the big drawback of adding a highly volatile asset to a company's balance sheet, …
Matthew Fox
2 mins read
KPMG Canada is adding bitcoin and ether to its balance sheet as crypto moves further towards the mainstream
KPMG did not disclose how much the crypto investment was but highlighted its purchase of carbon off…
Isabelle Lee
2 mins read
A year after Elon Musk's Tesla bought bitcoin, here are 3 risks companies take when putting it on their balance sheet, investment strategist says
The penalty for losing corporate cash by investing in volatile assets like bitcoin can be "severe,"…
Natasha Dailey
1 min read
Twitter is considering adding bitcoin to its balance sheet, CFO says
Twitter CFO Ned Segal told CNBC the social media giant has done "a lot of the upfront thinking" abo…
Emily Graffeo
2 mins read
Here's what Alameda Research's balance sheet looked like in 2021 and 2022, according to Sam Bankman-Fried
It was a bombshell CoinDesk report on Alameda's balance sheet that originally catalyzed the collaps…
Phil Rosen
1 min read
Palantir says it accepts bitcoin as payment and has mulled adding the cryptocurrency to its balance sheet
In a response to a question during its first-quarter earnings presentation, CFO David Glazer said P…
Will Daniel
2 mins read
WeWork will accept crypto as payment and hold digital currency on its balance sheet
WeWork is partnering with Coinbase to accept cryptocurrencies as payment. Coinbase, a WeWork client…
Will Daniel
2 mins read
The IMF is predicting more pain for global stocks as central banks tighten monetary policy
"We could certainly see further tightening of financial conditions," the IMF told CNBC. "Risk asset…
Isabelle Lee
2 mins read
Cathie Wood says Elon Musk will eventually prove positive for bitcoin - and predicts central banks will begin adding crypto to their balance sheets
"He has encouraged a lot more conversation, a lot more analytical thinking. And I do believe he's g…
Shalini Nagarajan
2 mins read
'Putting their money where their mouth is': Here's what 3 analysts have to say about Coinbase's decision to add $500 million of crypto to its balance sheet
Analysts largely agree that the move signals a commitment to crypto, but one said that it will also…
Emily Graffeo
2 mins read
Coinbase will plow $500 million into crypto to boost its balance sheet - and bet 10% of future quarterly profits on digital assets
The crypto exchange will invest the funds over several years using a dollar-cost averaging strategy.
Shalini Nagarajan
2 mins read
Elon Musk inquired on Twitter about 'large' bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet
Elon Musk suggested on Twitter that he's tempted by bitcoin, then crypto booster Michael Saylor rec…
Emily Graffeo
4 mins read
Cathie Wood says central banks might add crypto to their balance sheets. Here's the list of bitcoin-skeptic central bankers who think otherwise.
Central banks from Argentina to the UK have expressed grave doubts about bitcoin and cryptocurrenci…
Harry Robertson
2 mins read
US stocks slip as investors weigh economic warnings and eye start to Fed shrinking its balance sheet
"You better brace yourself. JPMorgan is bracing ourselves and we're going to be very conservative w…
Matthew Fox
1 min read
Anthony Scaramucci says more companies should hold bitcoin in their balance sheet since the explosion in US money supply is a 'silent tax on American savers'
"A responsible CFO or responsible treasurer will have to think about other assets to hold as a pote…