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Table 11 List, description, and date of all 35 events analyzed in the study

From: Store of value or speculative investment? Market reaction to corporate announcements of cryptocurrency acquisition

Company name

Industry

Category

Event Date

Reference Index

Newegg

E-commerce

Means of Payment

01/Jul./14

Nasdaq (U.S.)

Microsoft

Operational systems

Means of Payment

11/Dec./14

Nasdaq (U.S.)

Rakuten

E-commerce

Means of Payment

17/Mar./15

Nikey 225 (J.P.)

FRMO

Holding

Investment

18/Aug./16

Nasdaq (U.S.)

Overstock

Outlet

Means of Payment

25/Oct./17

Nasdaq (U.S.)

BMW

Auto Manufacturers

Means of Payment

09/Jul./18

DAX (D.E.)

AT&T

Telecom

Means of Payment

23/May/19

Nasdaq (U.S.)

RBI Inc

Restaurant

Means of Payment

06/Jan./20

Nasdaq (U.S.)

Starbucks

Restaurant

Means of Payment

01/Mar./20

Nasdaq (U.S.)

Microstrategy

B.I

Investment

11/Aug./20

Nasdaq (U.S.)

Square

Payment Solutions

Investment

07/Oct./20

Nasdaq (U.S.)

JP Morgan

Financial institution

Investment

27/Oct./20

Nasdaq (U.S.)

Ruffer

Investment company

Investment

01/Nov./20

FTSE100 (U.K.)

Tesla

Auto Manufacturers

Investment

08/Feb./21

Nasdaq (U.S.)

Mastercard

Payment Solutions

Investment

10/Feb./21

Nasdaq (U.S.)

Aker ASA

Holding

Investment

07/Mar./21

OSE (NO)

Meitu

Smartphones

Investment

18/Mar./21

HSI (H.K.)

Visa

Payment Solutions

Means of Payment

29/Mar./21

Nasdaq (U.S.)

Paypal

Payment Solutions

Means of Payment

30/Mar./21

Nasdaq (U.S.)

Phunware

Cloud platform

Investment

06/Apr./21

Nasdaq (U.S.)

Nexon

Online games

Investment

27/Apr./21

Nikey 225 (J.P.)

Mercado Livre

E-commerce

Investment

05/May/21

Nasdaq (U.S.)

Tesla

Auto Manufacturers

Divestment

12/May/21

Nasdaq (U.S.)

The Brooker Group

Financial Advisory and Consultancy​

Investment

13/May/21

MAI (T.H.)

Ruffer

Investment company

Divestment

06/Jun./21

FTSE100 (U.K.)

Meliuz

Cashback services

Investment

29/Jun./21

Ibovespa (B.Z.)

Xiaomi

Cell Phones

Means of Payment

05/Aug./21

HSI (H.K.)

Metromile

Digital Insurance Platform

Investment

10/Aug./21

Nasdaq (U.S.)

AMC Entertainment Holdings, Inc

Entertainment

Investment

10/Aug./21

Nasdaq (U.S.)

MercadoLibre, Inc

Internet Retail

Investment

20/Jan./22

Nasdaq (U.S.)

Townsquare Media, Inc

Advertising Agencies

Investment

10/May/22

Nasdaq (U.S.)

Chipotle Mexican Grill, Inc

Restaurants

Means of Payment

01/Jun./22

Nasdaq (U.S.)

BlackRock, Inc

Asset Management

Investment

04/Aug./22

Nasdaq (U.S.)