Holdings

Reader survey As a reader of PREMIUM TIMES, your opinion matters. Please take our survey to help us better understand the values and preferences of our readers. Your feedback will give us valuable insights into how we can tailor the different types of content we offer to meet your needs. The survey should only take about 6-8 minutes to complete. Click here to take it. Nigerian stocks advanced for the first time this week on Thursday after the main equity index added 0.2 per cent on the back of continued…

With the collapse of centralized banks and the overall distrust of traditional FIAT currencies, many investors and traders have begun diversifying their holdings with cryptocurrencies and the Web3 space. Out of the many options available, two of the most well-established altcoins have begun to decline in value, and these include Monero (XMR) and Polkadot (DOT). As many experienced investors know, getting into the early stages of a project in its presale period can provide solid returns, and investors have been eyeing the…

Reader survey As a reader of PREMIUM TIMES, your opinion matters. Please take our survey to help us better understand the values and preferences of our readers. Your feedback will give us valuable insights into how we can tailor the different types of content we offer to meet your needs. The survey should only take about 6-8 minutes to complete. Click here to take it. Nigeria’s biggest lender Access Holdings received the second of the three regulatory approvals for the deal involving its takeover of…

Reader survey As a reader of PREMIUM TIMES, your opinion matters. Please take our survey to help us better understand the values and preferences of our readers. Your feedback will give us valuable insights into how we can tailor the different types of content we offer to meet your needs. The survey should only take about 6-8 minutes to complete. Click here to take it. Profit-taking led Nigerian stocks further down last week as a low risk appetite among investors caused equities to shed 1.1 per cent.…

Reader survey As a reader of PREMIUM TIMES, your opinion matters. Please take our survey to help us better understand the values and preferences of our readers. Your feedback will give us valuable insights into how we can tailor the different types of content we offer to meet your needs. The survey should only take about 6-8 minutes to complete. Click here to take it. Nigeria’s biggest lender Access Holdings posted its biggest revenue on record in 2022 after a sharp boost from interest on loans. But…

Michael D McDonald / Bloomberg: Despite bitcoin rallying to over $30K, El Salvador's total holdings of 2,546 bitcoin, acquired for around $108M, are worth just $77M — Bitcoin may be at a nine-month high, but El Salvador's total holdings are still worth 29% less than what the government paid for the world's largest digital currency. Michael D McDonald / Bloomberg: Despite bitcoin rallying to over $30K, El Salvador's total holdings of 2,546 bitcoin, acquired for around $108M, are worth just…

Bitcoin may be at a nine-month high, but El Salvador's total holdings are still worth 29% less than what the government paid for the world's largest digital currency.El Salvador purchased 2,546 Bitcoin at a cost basis of roughly $108 million, according to calculations by Bloomberg. At Tuesday's prices, those tokens are worth just $77 million. Bitcoin climbed above $30,000 on Tuesday for the first time since June 2022, bolstered by bets on easier monetary policies. However, the token remains more than 50% lower than an…

Microstrategy’s total Bitcoin holdings reach US$4 Billion as it adds to its Bitcoin trove MicroStrategy continued to add to its bitcoin holdings until early in the second quarter of 2023, with the most recent purchases increasing the overall holding value to around $4 billion. The corporation paid $23.9 million for 1,045 tokens between March 24 and April 4, according to a regulatory filing on Wednesday. MicroStrategy CEO Michael Saylor also mentioned the purchase to his 3 million Twitter followers, saying that the…

US investors marked down the value of their holdings in Byju’s and Swiggy last year, according to recent US filings. BlackRock slashed the value of its investment in Byju’s by nearly 50%, while Invesco marked down its investment in food delivery firm Swiggy by 23%.BlackRock pegged the per-share value of Byju's at $2,400 at the end of December 2022, down from $4,600 in April last year, putting the company’s valuation at a little over $11 billion.The world’s largest asset manager, BlackRock owns less than 1% in the firm.…

Virgin Orbit’s LauncherOne rocket at Cornwall Airport in Newquay, England, in January. Photo: VIRGIN ORBIT/Associated Press…