How Bitcoin Impacts Holding Companies

Seeking Alpha Author Bram De Haas joins Cheddar to discuss how FRMO Corporation benefits from the $12 million it's invested in the cryptocurrency market. FRMO Corporation is a holding company that is invested directly or indirectly in Ripple, Bitcoin Cash, and Bitcoin. De Haas says he likes this company because it isn't impacted by the bitcoin market. It doesn't matter if bitcoin drops to $0...the company is safeguarded. FRMO's other investments include OneChicago, Digital Currency Group, CNSX Markets, Miami International Holdings, The Bermuda Stock Exchange, and Horizon Kinetics.

More In Technology

Apple Software Update to Address iPhone 15 Overheating Issue

Apple will issue a software update to combat an overheating issue that has hit the new iPhone 15.

Too Hot to Handle: Apple Pledges to Fix Software Issues Blamed for Overheating iPhone 15

Apple said that a forthcoming software update for the operating system used by the iPhone 15 will prevent the devices from becoming uncomfortably hot.

Study Finds Drivers Rely on Automated Systems Over Time

Study Finds Drivers Rely on Automated Systems Over Time

Meta Unveils Quest 3 Headset

Meta continues investing into the metaverse with a new VR/AR headset, which includes new A.I. avatars for celebrities.

X Reportedly Cuts Staff in Disinformation Department

Social platform X has made cuts to its disinformation and election integrity team, according to The Information which first reported the news.

Meta to Update Metaverse Plans at Annual Conference

Meta to Update Metaverse Plans at Annual Conference

'X' is the Biggest Purveyor of Fake News Says EU Official

'X' is the Biggest Purveyor of Fake News Says EU Official

Stretching Your Dollar: How to Avoid Student Loan Scams

Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.

Celebrating Google's 25th Birthday

Celebrating Google's 25th Birthday

New Cars Are Supposed to Be Getting Safer. So Why Are Fatalities on the Rise?

Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. While the number of all car-related fatalities has trended upward over the last decade, pedestrians and cyclists have seen the sharpest rise: over 60% between 2011 and 2022.

Load More