Japanese “MicroStrategy” bought another $2 million in bitcoin

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 plummet as $700 million exits investment funds

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 invests $100 million in Argentine company

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