MicroStrategy has become a major player in the crypto realm since it began purchasing Bitcoin. Its holdings have seen it solidify its place as the public company with the largest bitcoin holdings in t...
Tag: CFO
MicroStrategy Has No Intention To Sell Bitcoin (BTC), Says Company CFO: Report
MicroStrategy has no plans to sell its Bitcoin (BTC) despite BTC’s bearish price action across the past six months, according to the company’s chief financial officer. MicroStrategy CFO Andrew Kang te...
Moderna Acted Fast to Remove CFO After Hearing of Probe
(Bloomberg) — Moderna Inc. said it acted immediately to remove Jorge Gomez as chief financial officer earlier this week after it learned of an investigation related to the handling of incentives...
Boeing Shares Rise as CFO Points to Signs of Turnaround
(Bloomberg) — Boeing Co. would consider selling stock to repair its balance sheet if its battered shares recover and the company hits milestones like finally restarting 787 Dreamliner deliveries...
Microstrategy CEO seems to be contradicting his CFO
Panic spread on the MicroStrategy stock on Monday due to the statements of CFO Phong Le claiming that if the price of Bitcoin falls to $21,000, a margin call could be triggered. Microstrategy CFO put...
Bitcoin Holder MicroStrategy Releases Q1 2022 Earnings Report, Appoints New CFO – crypto.news
MicroStrategy’s earnings report for Q1, 2022, released on May 3, shows the company recorded a non-cash digital asset impairment charge of $170.1 million during that period. The company has also announ...
MicroStrategy “Never Gets” Margin Called on Bitcoin Loan Says CFO – Trustnodes
MicroStrategy has close to $6 billion worth of bitcoin bought for about $4 billion at a price of circa $30,000, some of it purchased through corporate bond debt notes and a collateralized loan. That i...
Qualcomm CFO Sees ‘Limitless’ Opportunity Ahead In Cloud Connectivity
The world is in the midst of a digital transformation and Qualcomm Inc (NASDAQ: QCOM) is at the center of it. Qualcomm’s Role: Amazon.com Inc’s (NASDAQ: AMZN) AWS and Microsoft Corp’...
Claims of Berkshire Hathaway Investment Get Brazilian CFO Charged in U.S.
(Bloomberg) — The former chief financial officer of a Brazilian reinsurer was charged with fraud for allegedly spreading false stories that Warren Buffett’s Berkshire Hathaway Inc. had bought a ...
Bank of America Q1 results: CFO sees continued strength ahead
Bank of America Corp (NYSE: BAC) is up 5.0% in the stock market on Monday after the Wall Street bank reported market-beating results for its fiscal first quarter. What Bank of America Q1 earnings repo...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
331 Million XRP Shifted by Ripple and Exchanges, Including ODL Bridge Bought by Ex-Binance CFO
Yuri Molchan As the crypto market goes green, exchanges have moved nearly 332 million XRP with Ripple participating in these transactions in the past two days Contents 331.6 million XRP shoveled by la...
LHV UK to Welcome Boku CFO, Keith Butcher, as Board Member
LHV UK Limited, the United Kingdom division of LHV Group, an Estonian financial group and capital provider, is making plans to onboard Keith Butcher, the Chief Financial Officer of Boku Inc., as a mem...
Pfizer’s New CFO David Denton Negotiated One of the Biggest Healthcare Deals in History
Pfizer on Monday named a new chief financial officer with a resume that hints at the company’s plans to spend big with its Covid-19 vaccine windfall. David Denton is taking up the CFO role at Pfizer (...
Ripple’s ODL Corridor Sold to Ex-Binance CFO: Details
Yuri Molchan Ripple ODL platform Coins.ph sold to former Binance CFO for $190 million by its owner, a local tech company, Gojek As reported by Indian news outlet The Ken, Philippines-based digital exc...
Crypto investment app provider Abra hires its first CFO
advertisement Abra, a crypto investment app provider based in the US, has appointed a chief financial officer (CFO) as the firm says it’s going through a period of rapid growth. Justin McMahan, ...
Crypto Exchange Kraken’s New CFO Previously Paid $65,000 Penalty For Misleading Investors And Breaching Fiduciary Duty
Renaud Laplanche, left, Founder & former CEO of Lending Club, hands the gavel to company’s former CFO Carrie Dolan after he rang the ceremonial first trade bell, during his company’s I...
Crypto exchange Kraken brings in new CFO to lead ‘next growth phase’
advertisement Crypto exchange Kraken has brought in fintech veteran Carrie Dolan as its new CFO, in a move it says will mark the company’s next growth phase. Dolan joins from Tradeshift, a digi...
Flipside Crypto Appoints Mike Featherstone as their new CFO
Data Analytics platform, Flipside Crypto, has announced the addition of Mike Featherstone as their new Chief Financial Officer. In the announcement, the new CFO’s global experience was cited as partic...
Affirm ‘in control’ despite stock price plunge: Affirm CFO
Buy now, pay later (BNPL) company Affirm (AFRM) has seen its share price plunge around 80% from a pandemic high of nearly $170 over the past several months amid “cyclical risks” and the broader stock ...
Block CFO says customers repay almost all buy now, pay later loans
Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, p...
After Prolific Q4, Coinbase Trading Volume Plummets Amid Lower Crypto Prices, According to Exchange’s CFO
Top US crypto exchange Coinbase is enduring plummeting trading volume and a decreased number of users in the first quarter of 2022, according to the platform’s CFO. Coinbase chief financial officer Al...
CEO Of World’s Biggest Airport Retailer To Be Replaced By Former CFO
Julián Díaz was instrumental in turning Dufry into the world’s biggest airport retailer. Dufry Julián Díaz, the CEO of Swiss travel retailer Dufry is leaving his role after leading the global business...
Eleonora Christofidou Joins payabl. as Group CFO
payabl., a European payments solution provider, has onboarded Eleonora Christofidou as the company’s new Group Chief Financial Officer. She took on the new role earlier this month. payabl. was f...
AT&T CFO Defends Spinoff, Saying It Benefits Retail Investors
Text size AT&T’s chief financial officer, Pascal Desroches. Courtesy AT&T AT&T is defending its move to spin off its big stake in WarnerMedia rather than pursue a split-off, or excha...
Crypto Weekly Roundup: Wonderland CFO Controversy, Chainalysis Report, OpenSea Bug, Biden’s Executive Order, And More
The biggest news in cryptocurrency, especially DeFi, is the Wonderland controversy. It looks like the CFO Sifu is actually the notorious Michael Patryn. The community is concerned that this controvers...
Opinion: Meta CFO cries ‘wolf’ again with bleak Facebook outlook — but he may be right this time
Chief Financial Officer David Wehner has warned of impending financial doom at Facebook so many times that this column has dubbed him “the Chicken Little of Silicon Valley.” But this time, the sky may...