Tags : bought

Bitcoin

Another U.S. public listed company just bought $7 million in

MercadoLibre (Nasdaq: MELI), Latin America’s leading e-commerce technology company, has purchased a small amount of Bitcoin, as per a filing yesterday with the US Securities and Exchange Commission (SEC). Saving grace “A South American company protecting itself in terms of currency,” noted MacroScope, a pseudonymous trader popular in crypto circles on Twitter. In an SEC […]Read More

Cryptocurrency

San Francisco Sheriff’s Department bought the recent Bitcoin dip

Bitcoin’s mainstream adoption is picking up fast. It’s not only large institutions such as Tesla, Square, and MicroStrategy that are scooping up the asset at every downswing, but even the San Francisco Sheriff’s Department seems to be interested in the world’s largest cryptocurrency by market cap. The San Francisco Deputy Sheriffs’ Association (SFDSA), a non-profit […]Read More

Bitcoin

Legendary investor who bought Bitcoin at $350 says this rally

American investor Bill Miller says Bitcoin’s (BTC) fabled bull run is only getting started despite the asset’s nearly 700% price increase in the past year, a report on news outlet CNBC stated today. Miller is famed for beating SP-500 index returns over a 14-year period—from 1991 to 2005—a feat that made him one of the […]Read More

Bitcoin

Four tech firms have bought 66% of all Bitcoin mined

Four technology giants from around the world have been quick to jump on the Bitcoin bandwagon. And they are likely enjoying the multifold gains. Bitcoin frenzy Three firms from the US and one firm from China have brought over 66% of all new BTC mined in the past six months, figures show. Business analytics software […]Read More

Bitcoin

British private jet firm says 19% of its tickets are

Who said using Bitcoin for purchasing things was a lost cause? Bitcoin for air travel Move over the Bitcoin-can’t-be-used-to-buy coffee narrative. A new report claims that travelers are using Bitcoin to purchase airline tickets, as per a release on aviation news site Simple Flying. PrivateFly, the UK-based charter carrier, said Tuesday that 19% of its […]Read More

Bitcoin

The dominoes are falling: Another NASDAQ-listed firm just bought Bitcoin

NASDAQ-listed Marathon Patent Group just announced it had purchased 4,812.66 Bitcoin in a $150 million aggregate deal. The firm’s CEO and Chairman Merrick Okamoto said the move puts Marathon in contention with investors seeking Bitcoin exposure. But just as relevant, Okamoto also referred to Bitcoin’s hedge properties, which he sees as vital for the company’s […]Read More