Tags : Invests

Cryptocurrency

Every fifth hedge fund already invests in cryptocurrencies, reports PwC

News › Bitcoin › Investments Crypto-focused hedge funds have doubled their assets under management in 2020, researchers at PricewaterhouseCoopers revealed. Liam Frost · May 24, 2021 at 8:00 pm UTC · 2 min read Around 21% of traditional hedge funds in the world have already invested in cryptocurrencies—while crypto-focused ones doubled their assets under management […]Read More

Bitcoin

Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)

South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. 1/ Nexon just announced buying $100M in #Bitcoin. This is the first large public company in Japan and Korea to buy cryptocurrency as part of its treasury. This is a […]Read More

Bitcoin

Tesla invests $1.5 billion into Bitcoin, plans to accept BTC

Tesla, a tech company led by well-known crypto enthusiast Elon Musk, has bought $1.5 billion worth of Bitcoin and plans to add support for BTC as a form of payment in the near future, according to its filing with the US Securities and Exchange Commission (SEC) published today. “Thereafter, we invested an aggregate $1.50 billion […]Read More