Bitcoin Mining Company Riot Blockchain Passes $1B in Market Cap
Riot's value was less than $50 million when it started mining bitcoin three years ago. Source
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Company
Elon Musk Might Consider Clubbing All His Ventures into Single Holding Company
Having seen Tesla’s massive growth in 2020, a Tesla shareholder proposed Elon Musk to float a holding company wherein the Tesla CEO can continue as the boss for more years ahead and create enormous value for all his companies and shareholders.What a year it has been for electric carmaker and
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Korean crypto investment company launches $120 million fund for blockchain projects
Hashed, one of South Korea’s largest crypto asset fund managers, has raised $120 million to fund new blockchain ventures in the so-called “protocol economy.”The funds were raised via Hashed Ventures Inc., a new entity that will oversee the deployment of the nine-figure investment. The company has yet to disclose its
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Massive 169-Year-Old Insurance Company Bought $100M in Bitcoin
MassMutual becomes the latest announced institutional buyer of bitcoin, and this one could be even more significant in terms of precedent. Our main discussion: Why MassMutual bought $100 million in bitcoin and why it matters.In this episode, NLW looks at recent news that MassMutual had purchased $100 million in bitcoin for
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PayPal-Backed Tink Raises €85M in Extended Investment Round, Company Valued at €680M
Tink’s valuation has jumped more than 60% in 2020. At the beginning of the year, the Swedish fintech startup’s valuation was €415 million. PayPal-backed Swedish fintech startup Tink is now valued at 680 million euros ($827 million) after a new investment round extension. Tink is one of the tech startups that
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Steve Wozniak Apple Co-Founder Floats New Company Efforce
As a blockchain-based energy startup, the Steve Wozniak-backed Efforce will be building the investment capabilities on its platform through its newly unveiled WOZX token.Steve Wozniak, the genius engineer who co-founded Apple Inc (NASDAQ: AAPL) about 45 years ago, has floated a new company called Efforce. According to the press release
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Nio Stock Down 5%, Company Set to Unveil New Sedan Models to Rival Tesla
Nio reported an adjusted net loss of $146.7 million, in the past three months, with total revenues surging 146.4.% year-over-year to $666.6 million.The stock of Chinese electric vehicle company Nio Inc (NYSE: NIO) was up over 4% during Wednesday’s premarket to trade around $48.42. Nio stock closed yesterday at $46.59,
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Maersk Stock Rises 5.75% as Company Reports Profits in Q3
Maersk showed good performance in Q3 and recorded a lesser-than-expected revenue fall of 1.4%.Danish integrated shipping company Maersk AS (OTCMKTS: AMKBY) has reported profits in Q3 as the company rebounds faster than expected. The company released its 2020 Q3 earnings report on the 18th of November. After the news, the company’s stock
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AMZN Stock Rises 1% as Company Launches Amazon Pharmacy
Amazon has launched its Amazon Pharmacy service for the sale of prescription drugs in the US. The products will be delivered free for Amazon Prime members.American multinational technology company and e-commerce giant Amazon.com Inc (NASDAQ: AMZN) has made its official foray into the pharmaceutical scene with the launch of Amazon
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US Company Now Lets Travelers Pay for Passports With Bitcoin
Payments for passport renewals and name changes are being processed by Coinbase Commerce. Source
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