Source: Instagram, Coinbase
Hundreds of Coinbase employees have been handed shares worth thousands of dollars ahead of the crypto exchange giant’s direct listing – expected to be completed today, money that might well be used to invest in bitcoin (BTC) and altcoins.
Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin.
According to a document filed with the US Securities and Exchange Commission (SEC), banking giant Goldman Sachs has petition approval for a new Exchange Tradable Fund (ETF) with the option to add exposure to Bitcoin.
Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks.
Soros Fund Management, New York Life, and Morgan Stanley have joined Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners to invest in bitcoin-focused investment company NYDIG.
Aker ASA, a listed Norwegian industrial investment company, said it will invest in bitcoin (BTC) and blockchain ecosystem via its newly established subsidiary Seetee that is initially capitalized with NOK 500m (USD 58m) and "will keep all its liquid investable assets in bitcoin." (Updated at 10:01 UTC: updates throughout the entire text.
British crypto firm BCB Group launched a new service that is dedicated to assisting corporations that want to add Bitcoin and other digital assets to their treasuries.
BCB Group Founder and CEO O
The post British firm, BCB Group, to help corporations invest in Bitcoin appeared first on AMBCrypto.
According to a survey, about 70% of financial executives said that they are watching closely what others are doing with Bitcoins and they would still like to hear more from regulators about the digital currency before allocating a portion of their company's cash reserves to the cryptocurrency.
More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies’ cash reserves in it.
A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could do so by 2024.
The survey conducted by Gartner comes on the back of news that Tesla invested 8%, or $1.5 billion of its cash reserve, into Bitcoin.
Gavin Brown, Associate Professor in Financial Technology, University of Liverpool.
After Tesla announced it has invested USD 1.5bn in bitcoin and expects to start accepting the cryptocurrency as a payment for its electric vehicles in the near future, the bitcoin price went soaring.