The International Monetary Fund has finally expanded on its "issues" with El Salvador's adoption of bitcoin. There's not much behind the curtain.
In a Tuesday earnings call, CFO Dave Glazer said bitcoin on the balance sheet is “definitely on the table.”
The Latin American retailer said the purchase was in the last quarter.
The publicly traded app developer has now spent $100 million on bitcoin and ether.
The move makes Caruso the largest real estate manager to accept bitcoin for payment.
CEO Yoni Assia says he beat Elon Musk by 10 years when it comes to adding bitcoin to the balance sheet.
Investview also reported record net income and sales for the month of February.
According to Arcane, the new corporate buyers appear intent on keeping the cryptocurrencies for the long term "and see further upside potential in bitcoin."
Yes, but ether isn't replacing bitcoin as a reserve asset – it belongs elsewhere.
The crypto custodian has had bitcoin on its own balance sheet since 2014, CEO Mike Belshe told CoinDesk.
Some think bitcoin is too volatile to be a popular treasury reserve asset. MicroStrategy and Square seem to be in it for the long haul.
MicroStrategy turned a veritable mountain of zero-interest debt into its single-largest bitcoin allocation yet.
Ahead of its fourth-quarter earnings call Tuesday the payments firm announced it had purchased an additional 3,318 BTC as a reserve asset.
The value of Square’s bitcoin investment from October 2020 has increased five-fold.
“Since Tesla, it’s gone bananas.”