Month: April 2021

Bitcoin on balance sheet attracts negative attention from anti-crypto banks

Bitcoin on balance sheet attracts negative attention from anti-crypto banks

MicroStrategy’s continuous Bitcoin acquisition has drawn the ire of investment banking giant HSBC. Despite being one of the largest business intelligence firms in the world, HSBC has stated that MicroStrategy is now a “virtual currency product,” a designation akin to the pseudo-Bitcoin exchange-traded fund status attached to the company on account of its sizable Bitcoin […]

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