On August 11, 2020, MicroStrategy announced that it had made bitcoin its primary treasury reserve asset and purchased $250 million of bitcoin to hold in its treasury, instead of cash.
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Such forward-looking statements relate to future, not past, events and may often be identified by words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain.
The Swiss bank has a claim on the business through financing provided by Greensill Capital and repackaged into its funds.The working capital facility would allow Gupta’s steel businesses to increase production and take advantage of record steel prices, the person said, asking not to be identified because the matter is private.The loan would be a potential lifeline for Gupta’s GFG Alliance, which is fighting for survival after the collapse of its biggest lender Greensill Capital.
TOKYO -Japan’s Nintendo Co Ltd on Thursday forecast annual Switch console sales to fall 11.5%, in what would be the first decline for the five-year-old device after riding a pandemic-induced boom in home gaming.
Shark Tank investor Kevin O’Leary may agree with billionaire investor Warren Buffett, and his right-hand man, Charlie Munger, on a number of things.
“They have no intrinsic value.”Bailey has long been dismissive of the assets, and his comments follow yet another period of speculative excesses for a market Nouriel Roubini once described as the “mother of all bubbles.”While in the past, trillions of dollars in stimulus by governments and central banks might have triggered a rush into gold for the inflation-wary and risky stocks for the intrepid, a deluge of cash this time round is flooding into the crypto market.
The Bank of England’s decision on Thursday to slow the pace of its bond-buying makes it the second central bank from a G7 economy to begin the slow exit from pandemic-era money-printing stimulus schemes.
MELBOURNE -A majority of Rio Tinto’s shareholders rejected the global miner’s executive pay packages on Thursday, in a backlash over its destruction last year of ancient rock shelters in Western Australia.
The EU last month raised its target for cuts in net greenhouse gas emissions to 55% by 2030 from 1990 levels instead of 40% and Europe’s automakers will find out in July what their contribution on CO2 emissions is expected to be.
He left interest rates unchanged in his first monetary policy meeting but removed a pledge to deliver additional tightening.The rate-setting committee is scheduled to meet next in six weeks.
The sales are a boost for executive chairman Lawrence Stroll, a billionaire motoring enthusiast who took charge of Aston in January 2020 after mounting losses and a brutal run of share price performance.
Peloton announced a recall of its treadmills on Wednesday, reversing course just weeks after saying there was “no reason” to stop using the exercise machines despite reports of multiple injuries and the death of a child in an accident.