/https%3A%2F%2Fnews.trijo.co%2Fwp-content%2Fuploads%2F2023%2F05%2FKopia-av-Trijo-News-bild-7.png)
MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
Image source: Wikimedia Commons / Trijo News
The Dallas Mavericks become the second NBA team to accept bitcoin as a means of payment for game tickets and merchandise.
Sports teams accepting cryptocurrencies as a means of payment has been a trend for some time. A few weeks ago, Trijo News reported that the American football team Miami Dolphins has made litecoin their official cryptocurrency.
Now, another team has announced that they will accept a cryptocurrency as a means of payment. But this time it’s a different sport: basketball, and another cryptocurrency: bitcoin.
It is the NBA team Dallas Mavericks that next season will accept bitcoin for the purchase of game tickets and merchandise, the crypto company Bitpay (which will manage the technical aspect of the project) reveals in a tweet.
Dallas Mavericks is owned by billionaire Mark Cuban, who last week compared bitcoin to gold.
But the Dallas Mavericks are not the first NBA team to accept bitcoin as a means of payment. The Sacramento Kings has been doing so since 2014, according to Cointelegraph.
A few weeks ago, Trijo News reported that the NBA will release a blockchain-based game. You can read about that here.
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
In times of economic uncertainty and market volatility, Bitcoin has gained recognition as a safe haven asset. Its ability to provide investors...
Hong Kong's Securities Futures Commission (SFC) is preparing to release cryptocurrency exchange licensing guidelines in May, as reported by...