News with the tag "Bitcoin Treasury Reserve Asset"

Another company has elected to add bitcoin (BTC) to its balance sheet. Christian Angermayer, the chairman of Germany-based biopharmaceutical company atai Life Sciences (ATAI) announced today that the firm would develop its own bitcoin treasury strategy. “In an era of persistent inflation and volatil...

Bitdeer Technologies (BTDR) said it bought 50 bitcoin (BTC), taking the opportunity to build its stash as the price of the largest cryptocurrency looked set for its worst month since June 2022 . In a tweet, the bitcoin mining company said it paid an average of $81,475 per bitcoin. This purchase take...

Altvest Capital (ALV) became the first listed company in Africa to adopt bitcoin ( BTC ) as a strategic treasury asset, the company said in a press release Friday. Altvest said it bought one bitcoin for its strategic treasury, following a path set by Strategy (MSTR) in the U.S. and Metaplanet (3350)...

Nasdaq-listed Zoom Communications (ZM), a stock market high-flyer during the pandemic boom that's faced tougher times since, should embrace a bitcoin (BTC) strategy to shake up sluggish stock performace and provide value to shareholders, said Eric Semler, chairman of medical technology firm Semler S...

KULR (KULR), a maker of advanced energy-management systems, said it spent $8 million on bitcoin (BTC) to take its total holdings to 510 tokens. At a weighted average price of $101,695, that equates to almost 79 bitcoin and means the company's total investment is now $50 million. The purchase follows...