Key facts: Grayscale has accumulated more than 254,000 bitcoins. MicroStrategy, meanwhile, has just over 252,000 BTC. Only Satoshi Nakamoto, Binance, BlackRock and Fidelity surpass those companies in BTC holdings. MicroStrategy, the computing company led by Michael Saylor, is on the verge of surpassing the Grayscale investment fund in total bitcoin (BTC) holdings. According to the … Read more
Talking to CNBC-Awaaz on the future outlook after the market reached new record levels Aditya Sood, fund manager, InCred Asset Management Aditya Sood said that the kind of rally seen in the market for the last 2-3 days is due to the announcement of rate cut by the US Fed. The market was expecting that … Read more
BlackRock and Microsoft, along with other institutions, have created the Global AI Infrastructure Investment Partnership (GAIIP). This partnership seeks to raise up to $100 billion to invest in artificial intelligence (AI) infrastructure, primarily in the United States. Investments will focus in the construction and expansion of data centers to meet the growing demand for computing … Read more
Benchmark equity indices closed in light red in the trading session of September 13. Sensex closed down 72 points at 82891 and Nifty closed down 32 points at 25357. In such a situation, talking about the future movement of the market, MoPratik Oswal, Chief of Passive Fund Business, Tilal Oswal AMC (MOAMC) Talking to CNBC-Awaaz, … Read more
Talking about the future state and direction of the market Chandan Tapadia, Head – Equity Derivatives & Technicals, Motilal Oswal Financial Services Chandan says that with the support of 23750, we are taking the target of 26850. But if we talk about the overall immediate basis, the market is shifting towards a higher base. Volatility … Read more
Key facts: So far, the Japanese company has 398 bitcoins stored. Metaplanet follows the strategy of Michael Saylor and Microstrategy. On Tuesday, September 10, investment and consulting firm Metaplanet announced the purchase of 38.4 bitcoin (BTC), worth approximately USD 2 million, increasing its total reserve to 398.8 BTC. This acquisition aligns with Michael Saylor and … Read more
Cryptocurrencies registered a significant drop last week, driven by the outflow of approximately USD 700 million from investment funds, according to data provided by CoinShares. This negative trend is center almost exclusively in the United States, where USD 721 million in outflows were recordedCanada also saw a withdrawal of funds, although to a lesser extent, … Read more
Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands … Read more