Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC

On the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million in bitcoin. Nextech’s chief executive officer Evan Gappelberg says the firm may add more in 2021. Bitcoin (BTC) is becoming a treasury reserve mainstay for a […]

The post Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC appeared first on Bitcoin News.

Continue reading

Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year

On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on the company’s product development related investments in bitcoin during the […]

The post Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year appeared first on Bitcoin News.

Continue reading

Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered

Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold's Safe Haven Days Are NumberedA great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin. On Friday, Tahini’s tweeted about the recent crypto reserve conversion, as the team recalled telling the […]

The post Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered appeared first on Bitcoin News.

Continue reading

Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin

Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for BitcoinOn Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm Snappa based in Ottawa has joined the trend of companies converting cash […]

The post Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin appeared first on Bitcoin News.

Continue reading

Canadian Restaurant Chain Tahini’s Converts All Cash Reserves Into Bitcoin

Canadian Restaurant Chain Tahini's Converts All Cash Reserves Into BitcoinCanada-based Middle Eastern restaurant chain Tahini’s has converted all of its cash reserves into bitcoin. The company says bitcoin offers a much better alternative to cash savings. From Cash Savings to Bitcoin Middle Eastern restaurant chain Tahini’s has announced via Twitter that its entire cash reserves have been converted into bitcoin. Tahini’s is a small […]

The post Canadian Restaurant Chain Tahini’s Converts All Cash Reserves Into Bitcoin appeared first on Bitcoin News.

Continue reading