News list for " formerly"
As Michael Saylor-led Strategy (formerly MicroStrategy) accelerates its bitcoin purchases in the fourth quarter of 2024, institutional investment managers are also aggressively increasing their holdings of MSTR shares. According to the latest 13F report, institutional investment managers managing at least $100 million in equity assets continued to increase their positions in MSTR in the fourth quarter. According to Fintel data, Strategy currently has about 1,400 institutional shareholders, holdi...
Bitcoin strategy firm Strategy (formerly known as MicroStrategy) reported a net loss of $3.03 per share for the fourth quarter of 2024, compared to earnings of $0.50 per share for the same period last year. The loss was due to the company taking an impairment charge on its bitcoin holdings. As of December 31, 2024, Bitcoin holdings were 447,470, against market expectations of 425,149. The company recently ended a series of bitcoin purchases and currently holds 471,107 bitcoins, worth about $45 b...
World (formerly Worldcoin) recently published a spoof version of its "Wrapped" end-of-year user report on X, satirizing the data privacy practices of music streaming service Spotify, stating that "World ID keeps you and your actions anonymous online". The text and images of the attached images are similar in style to Spotify's "Unwrapped" data centre usage reports, which are tailored to individual users. The report uses quip quotes including "To the people who have been playing heavy metal sleep...
According to Arkham data, the 49,858 bitcoins previously held by the German government are currently worth $4.92 billion. The German government sold its bitcoin holdings in July for $2.89 billion, with an average price of $57,900, missing out on $2.03 billion in potential profits.
Bitcoin miner MARA Holdings (formerly known as Marathon Digital) reported its third-quarter earnings on Tuesday afternoon, posting a quarterly loss of $0.34 per share, according to Market Watch data, in line with market consensus expectations. Third-quarter sales were $131.60 million, below expectations of $151.60 million, an improvement from a net loss of $199.70 million in the second quarter. As of October 31, MARA held 26,747 BTC on its balance sheet, with a total of 2,070 BTC sold in Q3 and ...
21Shares US LLC, a subsidiary of crypto ETF issuer 21Shares AG, has announced the appointment of Federico Brokate as Vice President and Head of US Operations to support 21Shares' expansion into the US market. Federico Brokate previously served as Director of Business Strategy for BlackRock's US iShares business, responsible for developing and executing iShares' overall business strategy.
