Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $ 37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash flows or we find other ways to raise money, we […]
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon for Gold The amount of […]
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $ 1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $ 23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla had sold their coins. Tesla’s Q2 Bitcoin Holdings Elon Musk’s […]