Announcement
MicroStrategy Plans To Raise $500 Million for Additional Bitcoin Purchases
MicroStrategy Plans To Raise $500 Million for Additional Bitcoin Purchases

MicroStrategy has announced plans to raise $500 million through a private offering of convertible senior notes. The funds are intended to support additional Bitcoin purchases, continuing its strategy of accumulating the asset. MicroStrategy is currently the largest publicly traded company holding Bitcoin, with over 214,400 Bitcoin valued at $15

Bitcoin  •  Business  •  Jun 13, 2024
DeFi Technologies Adopts Bitcoin as Primary Treasury Reserve Asset
DeFi Technologies Adopts Bitcoin as Primary Treasury Reserve Asset

DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company focused on bridging traditional capital markets with decentralized finance, has announced the adoption of Bitcoin as its main treasury reserve asset.  The company has initiated this strategy by purchasing 110 Bitcoin. DeFi Technologies views Bitcoin as

Semler Scientific Announces Plans To Raise $150 Million to Purchase More Bitcoin
Semler Scientific Announces Plans To Raise $150 Million to Purchase More Bitcoin

Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it has purchased an additional 247 Bitcoin for $17 million in cash, increasing its total holdings to 828 Bitcoin. The company also plans to raise $150 million to further bolster its Bitcoin reserves. Last month, Semler made headlines by adopting Bitcoin as

Bitcoin  •  Business  •  Jun 07, 2024
Robinhood To Acquire Bitstamp Exchange in $200M Deal
Robinhood To Acquire Bitstamp Exchange in $200M Deal

Robinhood has announced its agreement to acquire Bitstamp, a Bitcoin and cryptocurrency exchange, for $200 million in cash.  This move aims to expand Robinhood's presence in the Bitcoin and crypto market, with the transaction expected to be finalized in the first half of 2025. Established in 2011, Bitstamp

Bitcoin  •  Business  •  Jun 06, 2024
Thailand Greenlights Its First Spot Bitcoin ETF
Thailand Greenlights Its First Spot Bitcoin ETF

The Thai Securities and Exchange Commission (SEC) has approved the launch of the country's first spot Bitcoin exchange-traded fund (ETF). This move brings Thailand in line with a growing trend of countries offering regulated Bitcoin investment options. The ONE Bitcoin ETF Fund will be managed by One Asset

Bitcoin  •  Business  •  Jun 04, 2024
MicroStrategy Plans To Raise $500 Million for Additional Bitcoin Purchases
MicroStrategy Plans To Raise $500 Million for Additional Bitcoin Purchases

MicroStrategy has announced plans to raise $500 million through a private offering of convertible senior notes. The funds are intended to support additional Bitcoin purchases, continuing its strategy of accumulating the asset. MicroStrategy is currently the largest publicly traded company holding Bitcoin, with over 214,400 Bitcoin valued at $15

Bitcoin  •  Business  •  Jun 13, 2024
Featured Articles 4 Articles
Business View All
Sweden’s H100 Group Acquires 46 Bitcoin as Total Holdings Reach 957 Bitcoin
Sweden’s H100 Group Acquires 46 Bitcoin as Total Holdings Reach 957 Bitcoin

H100 Group acquired 46 Bitcoin, lifting its total to 957.5 Bitcoin (~$107M) with support from Blockstream CEO Adam Back.

Strategy Adds $357 Million in Bitcoin Amid Market Dip
Strategy Adds $357 Million in Bitcoin Amid Market Dip

Strategy (Nasdaq: MSTR) bought 3,081 Bitcoin for $357 million, raising its total to 632,457 Bitcoin.

Metaplanet Acquires 103 Bitcoin While Redeeming Portion of Bonds
Metaplanet Acquires 103 Bitcoin While Redeeming Portion of Bonds

Metaplanet Inc. (TSE: 3350) added 103 Bitcoin, raising its total to 18,991 Bitcoin, and redeemed ¥3 billion of its 19th Series Bonds.

KindlyMD Completes First Bitcoin Purchase After Merger With $679 Million Acquisition
KindlyMD Completes First Bitcoin Purchase After Merger With $679 Million Acquisition

KindlyMD bought 5,744 Bitcoin for $679 million in its first post-merger move toward a one million Bitcoin goal.

Politics View All
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin

The Philippines is weighing a bill to create a 10,000 Bitcoin reserve held in a trust for 20 years.

Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor
Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor

Tether has named former White House Crypto Council head Bo Hines as Strategic Advisor for its U.S. digital assets strategy.

Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano
Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano

Over 1,100 people have signed a petition urging Lugano to restore and protect its vandalized Satoshi Nakamoto statue.

Trump Signs Executive Order Allowing Bitcoin in 401(k) Plans
Trump Signs Executive Order Allowing Bitcoin in 401(k) Plans

Trump signed an executive order to allow Bitcoin and other alternative assets in 401(k) plans by revising retirement investment rules.

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