Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
exstasie
on 13/12/2020, 20:11:45 UTC
They have also bought some ethereum as well
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Show me some kind of proof that Saylor and Microstrategy is buying a piece of shit like ethereum or any other crypto besides bitcoin?

I second that request made by @JJG.

I was looking into this. Couldn't find any connection between Microstrategy and Ethereum.

However, I did stumble onto something interesting. A publicly traded Canadian investment company ("Ether Capital Corp") that is supposedly raising $125 million to pile into ETH: https://twitter.com/RyanSAdams/status/1336376827921707012

They only had $14 million in assets as of their Q3 report, but if the $125M rumors are true, that's a big chunk of change for Ethereum: https://www.bloomberg.com/quote/ETHC:CN