Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. SBI also contemplates the launch of a subsidiary in the Middle East to expand its influence in the region. Oil Colossus Saudi Aramco […]
Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry. Circle Partners With SBI Holdings to Promote USDC in […]
Microstrategy reported a 3.3% increase in total revenues to $ 129.5 million in the third quarter of 2023, even as the company took impairment losses of $ 33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure. The firm’s founder, Michael Saylor, revealed that Microstrategy purchased an additional 155 BTC …
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $ 184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate environment affecting the auto industry. Tesla’s Q3 Earnings …
Microstrategy has acquired 5,445 more bitcoin, bringing the company’s total holdings to 158,245 BTC. According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the additional bitcoins were acquired during the period between Aug. 1 and Sept. 24. Microstrategy Adds 5,445 Bitcoin to Its Treasury The Nasdaq-listed software intelligence firm Microstrategy has […]