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Alex Mcshane

Alex Mcshane
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The University Of Pennsylvania Continues to Hold Donated Bitcoin

BUSINESS Alex Mcshane -
The University of Pennsylvania confirmed today it still holds part of a $5 million donation it received earlier this year in Bitcoin.

One Of Germany’s Largest Asset Managers ‘Considering’ Bitcoin Investment

BUSINESS Alex Mcshane -
Dekabank is reportedly considering investing in Bitcoin after a new law takes effect Monday, though it says "no decision has been made yet."

Bitcoin Miners Consider Relocating to Paraguay In Wake of China Ban

BUSINESS Alex Mcshane -
As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay, home to abundant hydroelectric energy.

MicroStrategy Pledges to Add More Bitcoin to Corporate Balance Sheet

BUSINESS Alex Mcshane -
CEO Michael Saylor struck a defiant tone during a Q2 investor call, pledging to add more Bitcoin to its balance sheet while continuing to advocate for the cryptocurrency.

Compass Mining To Offer U.S. Clients Tax-Efficient Bitcoin Mining

BUSINESS Alex Mcshane -
U.S. Clients of Compass mining can now mine bitcoin directly into a Choice Individual Retirement Account without triggering a taxable event.

PayPal to Expand Bitcoin Buying to UK, Says Wallet Withdrawals in Progress

BUSINESS Alex Mcshane -
PayPal's launch of Bitcoin buy and sell services in the U.K. could allow hundreds of thousands of customers to get exposure to its price movements.

First U.S. Bitcoin Mutual Fund Launched By $60 Billion Fund Manager

MARKETS Alex Mcshane -
The first publicly available U.S. mutual fund that generally tracks the price of Bitcoin has been launched by a $60 billion fund manager.

Escrow Company Issues First-Ever Bitcoin-Backed Real Estate Loan

BUSINESS Alex Mcshane -
Glen Oaks began accepting Bitcoin in 2018 and sees the loan as proof the cryptocurrency’s value proposition is becoming clearer to debtors and creditors.

$7 Billion Investment Firm Horizon Kinetics Grows Bitcoin Exposure

MARKETS Alex Mcshane -
Horizon's Paradigm fund now maintains a 5.8% allocation to GBTC, making Bitcoin exposure effectively its second largest holding.

Major Thai Telecom Operator Plans To Out-Mine All Of Southeast Asia

BUSINESS Alex Mcshane -
Jasmine Telecom Systems has announced its ambitious Bitcoin mining plans to become the largest BTC miner in Southeast Asia.
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