$92,603.00
2.11%$1,778.58
5.01%$2.22
2.99%$605.01
-0.69%$150.79
4.49%$0.9999
-0.01%$0.176974
3.35%$0.692776
5.85%$0.243966
-1.08%$1,779.63
4.97%$92,269.00
1.70%$2.93
22.31%$14.79
7.05%$22.14
2.71%$9.08
1.26%$0.265776
3.31%$0.00001327
2.30%$3.09
4.01%$0.181103
2.54%$2,128.74
3.54%$0.999989
0.01%$357.75
-0.68%$83.08
0.94%$4.05
5.02%$18.34
-1.22%$4.50
0.09%$1.00
-0.01%$1,769.17
2.95%$0.999113
-0.07%$0.652905
2.26%$227.86
3.83%$28.52
-0.04%$1,886.52
4.45%$92,653.00
2.20%$0.00000874
4.34%$5.94
6.06%$5.28
2.99%$51.95
0.07%$2.46
7.50%$0.916752
2.87%$23.41
-0.32%$328.33
-2.79%$5.07
5.43%$32.86
0.39%$16.70
2.82%$1.049
0.13%$164.87
8.72%$1.00
0.00%$0.089273
-0.72%$0.093877
2.22%$0.70352
2.47%$4.56
2.05%$0.02578456
5.02%$1.17
0.06%$0.22299
3.50%$4.33
3.06%$91,941.00
1.43%$0.343231
10.57%$9.29
4.27%$0.212955
5.73%$4.23
0.00%$2.72
4.75%$2.79
6.04%$0.512688
6.18%$0.614712
1.90%$0.326677
5.67%$1.001
0.21%$4.12
2.75%$92,281.00
1.78%$0.454759
6.80%$10.30
2.70%$0.751866
5.23%$156.61
3.88%$1,480.35
4.10%$0.076172
4.32%$0.780533
1.52%$0.00001518
10.95%$1.14
8.59%$0.849806
6.30%$0.600542
11.79%$1,780.96
5.33%$1.054
-1.75%$0.01635697
-0.72%$1,844.51
3.34%$70.32
5.53%$3.73
3.67%$0.66084
2.06%$0.192262
4.85%$1.00
0.00%$9.45
6.12%$15.58
2.72%$0.999755
-0.04%$0.658746
-1.74%$0.090325
3.59%$1,998.72
3.69%$1.00
-0.02%$1.00
-0.02%$3,298.84
-4.21%$605.19
-0.68%$91,673.00
2.90%$0.01645331
12.38%$3,297.49
-4.20%$194.21
4.68%$0.02267487
26.43%$166.67
4.72%$0.01683266
4.13%$2.55
5.07%$92,577.00
2.06%$0.802925
5.88%$0.293116
3.52%$0.18936
5.50%$1,894.36
5.25%$0.116895
0.99%$0.681443
4.20%$0.00007055
14.66%$0.997433
-0.04%$3.70
4.69%$0.658201
0.53%$0.513334
17.56%$0.00000064
1.98%$0.99938
0.04%$0.396273
3.62%$92,891.00
1.87%$1.96
-0.53%$30.45
2.48%$1.10
-1.21%$0.238107
4.59%$0.308382
1.79%$1.80
0.86%$1,851.82
3.39%$0.533272
3.11%$0.00605325
-3.22%$16.59
5.28%$34.12
7.35%$0.545941
17.09%$0.1503
3.79%$3.32
-3.90%$0.54026
0.65%$0.767516
21.03%$0.999236
-0.10%$0.04919891
35.42%$0.631532
3.71%$0.518126
9.75%$0.067348
-1.46%$0.0084842
1.73%$0.443042
4.16%$89,320.00
0.93%$1.73
5.23%$93,852.00
-1.25%$92,843.00
2.53%$0.18613
53.40%$0.9999
-0.01%$2.17
10.55%$0.177117
3.86%$1.29
0.51%$1,859.47
5.26%$0.999977
0.01%$0.00696432
15.92%$0.00002177
2.31%$15.32
4.21%$110.78
0.01%$0.00000043
-0.40%$0.14438
3.93%$5.95
4.63%$1,763.94
2.75%$92,288.00
1.79%$6.35
9.58%$1.084
0.01%$2.50
5.95%$0.501804
5.28%$0.98842
-1.22%$0.492791
16.19%$3.59
0.05%$0.076381
2.70%$0.222782
2.86%$1,782.10
5.36%$1,779.08
5.01%$0.04008389
3.59%$0.329373
11.91%$42.82
3.53%$1,895.18
5.22%$0.081928
4.48%$0.00703176
8.17%$1,780.47
5.24%$0.999817
0.02%$0.00428183
6.57%$0.999991
-0.07%$21.72
-0.46%$0.176834
2.83%$1.001
-0.03%$0.357387
12.60%$0.558006
2.89%$0.00006333
2.52%$0.818825
3.25%$0.01722553
0.01%$0.0000016
20.11%$1,827.04
5.68%$0.99955
-0.12%$0.319775
39.18%$0.999568
-0.05%$0.00459161
52.98%$0.119403
-0.20%$0.03151976
0.30%$0.328209
4.43%$0.711457
2.61%$92,686.00
2.29%$2.68
3.09%$0.664989
12.80%$0.999541
0.12%$1.19
5.17%$113.21
3.42%$26.55
3.68%$0.236741
4.65%$0.139624
1.73%$0.637498
7.91%$3.54
0.70%$92,226.00
2.57%$1,751.36
3.14%$0.999766
0.04%$22.30
4.72%$0.269164
1.40%$2.85
2.62%$3,187.04
0.00%$1,872.94
4.77%$1,783.43
5.32%$0.186617
3.91%$0.511519
5.41%$0.110878
2.20%$0.03675263
0.67%$15.28
7.07%$0.01261395
2.86%$1,860.68
2.11%$0.438094
2.91%$0.00279399
4.49%$0.02915043
2.77%$22.16
2.99%$0.720852
2.97%$0.936394
4.28%$1,950.80
5.27%$1.001
0.16%$0.00268669
7.48%$0.999717
-0.00%$0.993658
5.22%$2.86
-0.17%$0.00
5.24%$0.234099
9.48%$2.21
1.94%$1,924.09
3.04%Reading
UK fintech Mode Global Holdings announced today that it will hold up to ten percent of its treasury reserves in Bitcoin. The cryptocurrency purchase makes Mode the first publicly traded company in the UK to announce significant Bitcoin holdings.
Mode joins a growing number of publicly traded companies recently announcing substantial investments in Bitcoin—including US software giant MicroStrategy, and payment processing platform, Square.
Mode, which has built a Bitcoin banking app, was listed on the London Stock Exchange exchange earlier this month. It said that its Bitcoin allocation is part of a long-term strategy to protect investors' assets from currency debasement.
“Faced with the challenges of COVID and with UK interest rates at the lowest level in the Bank of England's 326-year history, our confidence in the long-term value of Bitcoin has only increased,” said Jonathan Rowland, Executive Chairman at Mode, in a statement. “We truly believe that Bitcoin is a vehicle for financial empowerment and, through Mode, investors can gain exposure to this highly attractive asset class through a listed and fully compliant company,”
Today, we are proud to join @Square and @MicroStrategy in announcing we have allocated up to 10% of our cash reserves to purchase #Bitcoin and adopt it as a treasury reserve asset. Read our full story here: https://t.co/CU642JTfcj pic.twitter.com/6LqbzoEVNJ
— mode_banking (@mode_banking) October 21, 2020
Mode raised £7.5 million on its first day of trading on the London Stock Exchange. The company’s market cap currently stands at £36.64 million ($46.9 million).
To support its vision, the company has built a mobile banking application that allows people to easily buy, sell and hold Bitcoin, while generating income on their investment.
Over $6.7 billion of Bitcoin is now held by public companies, including US software giant MicroStrategy; asset manager Galaxy Digital, and Jack Dorsey’s payment processing platform, Square, according to Bitcoin Treasuries. This amount includes some companies holding the Bitcoin on behalf of their investors, like asset manager Grayscale Investments. The sum rose in recent weeks, with new investments from Microstrategy and Square. The trend signals increasing interest in Bitcoin as a store of valu...
Microstrategy made headlines around the world last month when it bought $425 million in Bitcoin. The decision was interpreted as a crucial stamp of institutional approval in the cryptocurrency as a mature, safe-haven asset.
The trend suggests that public companies are no longer averse to Bitcoin as a hedge in an increasingly uncertain economy.
In a team-up of crypto and TradFi giants, Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group announced Wednesday that they will team up to launch Twenty One, a publicly traded, Bitcoin-centric company that plans to launch with a treasury of more than 42,000 BTC—or about $3.9 billion worth. Tether and Bitfinex will be majority owners, with a minority stake owned by investment holding firm SoftBank. Twenty One will be launched through a planned SPAC merger with Cantor Equity Partners, which t...
Richard Heart says he has "defeated the SEC completely" after the U.S. regulator abandoned its fraud lawsuit against him. The crypto entrepreneur—who founded HEX, PulseChain and PulseX—had been accused of selling unregistered securities and misleading investors. US Court Dismisses SEC Case Against Richard Heart, Hex A federal judge dismissed the case in February after concluding that the SEC had failed to prove Heart's statements specifically targeted American consumers. The regulator was given...
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is creating a multibillion-dollar Bitcoin acquisition vehicle in partnership with SoftBank, Tether, and Bitfinex, the Financial Times reported Tuesday. The new venture, called 21 Capital, will receive $3 billion in Bitcoin from its partners—$1.5 billion from Tether, $900 million from SoftBank, and $600 million from Bitfinex, according to three people briefed on the matter, as cited by the Financial Times. Decrypt has reached out to...
