Strategy

This offbeat 'strategy' might explain MicroStrategy's Bitcoin purchases

This offbeat ‘strategy’ might explain MicroStrategy’s Bitcoin purchases

Not many assets can compete with Bitcoin. However, MicroStrategy has done something unexpected. The very company which holds the most Bitcoins in the world with 92,079 BTC in its wallet has beaten Bitcoin when it comes to being a better investment. Going forward, will MicroStrategy overshadow Bitcoin entirely? Or is Bitcoin about to become the …

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Why companies will mirror Tesla's bitcoin strategy

Why companies will mirror Tesla’s bitcoin strategy

Offering a fresh perspective on Tesla’s Bitcoin investment strategy, Daniel Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities thinks that Tesla would “double down on its Bitcoin investment.” Stating that other public companies are going to follow suit, Ives said in a recent interview at CNBC’s Squawk Box:  No doubt this is something …

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DOJ inspector general calls on FBI to finish developing a ‘cryptocurrency support strategy’

DOJ inspector general calls on FBI to finish developing a ‘cryptocurrency support strategy’

A report from the U.S. Department of Justice’s Office of the Inspector General called on the FBI to complete its work on a cryptocurrency support strategy as part of a wider effort to beef up its ability to contend with dark web activities. The recommendations were included in a 58-page report, partially redacted and published …

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CoinFLEX overhauls strategy to focus on building a ‘repo’ market for the crypto industry

CoinFLEX overhauls strategy to focus on building a ‘repo’ market for the crypto industry

In a bid to breathe new life into its market for crypto derivatives, Hong Kong-based CoinFLEX is relaunching its platform and focusing on what it says will bring a digital asset twist to the repo market. Launched in 2019, CoinFLEX first emerged as a marketplace for physically-delivered futures. Despite some initial success, the firm has …

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Iranian President Calls for National Crypto Mining Strategy

Iranian President Calls for National Crypto Mining Strategy

Iranian President Hassan Rouhani has ordered the government to draw up a renewed national approach for the emerging crypto industry. Chairing Iran’s economic coordination headquarters – a seminar for the national economic strategy – earlier this week, Rouhani told officials from the Central Bank of Iran (CBI), energy department and information and communication technology ministries …

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