Crypto Currency

HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link

Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not allowed The FinCen Files leak in 2020 showed that HSBC allowed…

Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not allowed The FinCen Files leak in 2020 showed that HSBC allowed a British criminal gang to funnel money through the bank HSBC InvestDirect has apparently banned investors from buying shares in MicroStrategy due to its Bitcoin position. In a tweet posted yesterday, Twitter user Klaus Lovgreen posted a message from the bank, presumably to him, that warns him that HSBC
The post HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link appeared first on FullyCrypto.
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Israel sanction Iran-linked cryptocurrency accounts used to fund Hezbollah, other proxies

Israel sanction Iran-linked cryptocurrency accounts used to fund Hezbollah, other proxies…

Israel sanction Iran-linked cryptocurrency accounts used to fund Hezbollah, other proxies…
Read More

Continue Reading
Crypto Currency

Strategy Sells 3,588 Bitcoin for $216 Million to Cover Dividend Payments

Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post from co-founder Michael Saylor. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5, 2026. The company also holds $2.55 billion in cash reserves…

Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post from co-founder Michael Saylor. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5, 2026. The company also holds $2.55 billion in cash reserves…
Read More

Continue Reading
Crypto Currency

MicroStrategy Sold 7x More Bitcoin Than Reports Suggested

MicroStrategy appears to have reduced its Bitcoin holdings by 3,588 BTC over the past week, a figure significantly larger than earlier market speculation centered on a rumored 491 BTC transfer. The change, reflected on the company’s Bitcoin treasury dashboard, has reignited debate over the firm’s evolving treasury strategy and whether its long-standing buy-and-hold approach is

MicroStrategy appears to have reduced its Bitcoin holdings by 3,588 BTC over the past week, a figure significantly larger than earlier market speculation centered on a rumored 491 BTC transfer. The change, reflected on the company’s Bitcoin treasury dashboard, has reignited debate over the firm’s evolving treasury strategy and whether its long-standing buy-and-hold approach is
The post MicroStrategy Sold 7x More Bitcoin Than Reports Suggested appeared first on BeInCrypto…
Read More

Continue Reading
Crypto Currency

BlackRock’s 2% Bitcoin cap has a hidden impact – advisors may have to sell during rallies

BlackRock’s 1% to 2% Bitcoin allocation range reads as a bullish nod to advisor adoption, but it also works as a boundary. Once Bitcoin is included in a model portfolio, its upside runs through rebalancing bands, tax location, and sometimes a loan that keeps the position intact…

BlackRock’s 1% to 2% Bitcoin allocation range reads as a bullish nod to advisor adoption, but it also works as a boundary. Once Bitcoin is included in a model portfolio, its upside runs through rebalancing bands, tax location, and sometimes a loan that keeps the position intact…
Read More

Continue Reading