MicroStrategy is holding Bitcoin at $170m loss
The company’s 129,218 Bitcoins held at the end of March 31, 2022, were acquired for $3.97 billion, essentially meaning an average cost per Bitcoin of approximately $30,700, the company reported.
Category: Blockchain Solutions
Q&A: Lucy Gazmararian, Founder and Managing Director of crypto investment firm Token Bay Capital
While bitcoin brought crypto and blockchain to the world, the ecosystem has exploded since 2008 and there are many other ways for individuals, corporations and governments to engage with the digital assets ecosystem.
Sequoia Capital partner says VCs will “pull out” Of crypto investments
The firm, which has already invested in several companies in the sector like Polygon, launched a $500- $600 million fund in February to invest in “liquid” crypto assets.
Streaming platform Angel Studios received $10mn in Bitcoin for shares: SEC
It should be noted that companies like MicroStrategy and Tesla have Bitcoin on their balance sheets, but few U.S. corporations are known to have acquired it through a Bitcoin-denominated share sale