Tag: Bitcoin

Crypto mining firm Vortex Brands will start buying MicroStrategy stocks as part of a fresh investment strategy. According to the firm, the move is designed to leverage MicroStrategy's Bitcoin-focused business model and capitalise on its potential growth.  According to an August 28 press release, the firm has acquired an initial ...

Crypto investment products saw over $530 million in inflows last week, the highest in five weeks, according to a new report from CoinShares. According to the report, the United States led the inflows with $498 million, while Hong Kong and Switzerland saw gains of $16 million and $14 million, respectively. ...

Marathon Digital has purchased $249 million worth of Bitcoin using funds from its recently announced $300 million private offering of convertible senior notes.  According to a statement posted on X by the US-based Bitcoin miner, the offering was oversubscribed, raising $300 million, which was reduced to $292.5 million after discounts ...

Coinbase may be preparing to launch a new product, specifically a wrapped Bitcoin token. Two cryptic posts from the US-based cryptocurrency exchange's official X account containing the words "cbBTC," followed by a "coming soon," have prompted this speculation. Coming soon. — Coinbase ????️ (@coinbase) August 14, 2024 cbBTC. — Coinbase ...

US based Bitcoin miner Core Scientific has increased its fundraising goal to $400 million, surpassing its initial target of $350 million. The company plans to achieve this through a private offering of convertible senior notes, as announced in another press release on August 14, 2024. In a press release, the ...

U.S. Bitcoin Miner Marathon Digital brands all Bitcoin blocks it mines in the US with a "Made in USA" label. “MARA is Team USA, proudly declared in each American-made bitcoin block we mine,” the compamy wrote in a recent post on X. MARA is Team USA, proudly declared in each ...

Marathon Digital Holdings has announced plans to raise $250 million through a private offering of convertible senior notes. The world's largest Bitcoin mining firm revealed this in a press release published today, August 12, 2024.  The release stated that the funds would be used to expand its Bitcoin holdings and ...

The government of the City of Santa Monica in California is taking a pioneering step in the cryptocurrency education sector with the launch of a new "Bitcoin Office." This initiative, spearheaded by Vice Mayor Lana Negrete, aims to educate residents and businesses about Bitcoin and its role in the modern ...

Binance has announced its plans to convert a series of delisted tokens to USDC starting September 2. This move affects 15 tokens, including Bitcoin Gold (BTG), Monero (XMR), Tribe (TRIBE), Sologenic (SOLO), Spartan Protocol (SPARTA), and Symbol (XYM), among others. These moves reflect Binance's strategy to streamline its offerings and ...

Tokoyo-based Metaplanet Inc. has secured a one billion yen ($6.8 million) loan to further expand its Bitcoin holdings, according to the latest update from the firm.   According to the firm, the loan was secured at an annual interest rate of 0.1% and would be paid back over the course of ...