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Balance Sheet

Exclusive – Tether Purchased 1,529 Bitcoin in Q2, CTO Confirms

The company behind the USDT stablecoin added $45 million worth of bitcoin to its balance sheet last quarter, CTO Paolo Ardoino confirmed to Bitcoin Magazine.

MicroStrategy Adds 2,500 Bitcoin To Holdings Despite Tax-Loss Harvesting

The tech company led by Michael Saylor has increased its bitcoin holdings by 2,500 BTC despite selling bitcoin for the first time to generate a tax benefit.

Celsius Bankruptcy Shows Reckless Behavior With A $1.2 Billion Hole In Its Balance Sheet

Celsius files for Chapter 11 bankruptcy. The company’s balance sheet shows a gap of $1.2 billion and reckless behavior with customer deposits.

Octagon Networks Becomes The First Cybersecurity Firm To Convert Balance Sheet Into Bitcoin

Octagon Networks has converted its entire balance sheet into bitcoin and will begin accepting payments in BTC for all services.

Bitcoin Touches $40,000 As Fed Raises Rates In Biggest Hike In 20 Years

The Federal Reserve raised rates by 50 basis points on Wednesday in its latest attempt to curb inflation in the U.S.

SFLMaven To Accept Bitcoin As Payment, Add BTC To Balance Sheet

Luxury jewelry reseller SFLMaven announced they plan to accept bitcoin as payment and have added BTC as a line item on their balance sheet.

Global Supply Chain Logistics Company Flexport Has Bitcoin On Their Balance Sheet

Ryan Peterson, CEO of Flexport, announced on Twitter that their $1.6 billion balance sheet contains bitcoin.

Surveillance Firm Chainalysis Adds Bitcoin To Balance Sheet

The surveillance firm that works against the Bitcoin ethos purchased an undisclosed amount of bitcoin through NYDIG.

Dutch Football Club PSV Holds Bitcoin On Its Balance Sheet

PSV received bitcoin through a sponsorship deal in August and confirmed they self-custody it on their balance sheet.
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