Wednesday, April 6, 2022

MicroStrategy uses a loan against its bitcoin holdings to buy $190.5M more bitcoin, a first for the company; MicroStrategy now owns 129,218 BTC, worth ~$6B (Crystal Kim/Bloomberg)

Crystal Kim / Bloomberg:
MicroStrategy uses a loan against its bitcoin holdings to buy $190.5M more bitcoin, a first for the company; MicroStrategy now owns 129,218 BTC, worth ~$6B  —  MicroStrategy Inc. used a loan against its Bitcoin holdings for the first time to purchase $190.5 million more of the cryptocurrency.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...