MicroStrategy used $592.3 million from its most recent convertible deft offering and $30.7 million in excess cash to make the purchase. The company now owns more than 1% of all the bitcoin that will ever exist. MSTR shares are down over 10% in pre-market activity following bitcoin’s slump to $63,000. MicroStrategy (MSTR), software firm and […]
The new derivatives product will settle on a CFTC-approved exchange, adding liquidity and transparency. The financial product will help miners mitigate hashrate volatility risk, adding a treasury management tool ahead of halving. Unmute 01:01 AAX Likely Read More
Crypto exchange Coinbase has been bolstered by several other groups in its federal court action to get the Securities and Exchange Commission to work on tailored regulations for digital assets. The lack of U.S. Read More
Genesis Global Capital will pay $21 million as a civil penalty in a settlement with the SEC that has now been formalized. The SEC will not receive any “portion of the penalty until after payment of Read More
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to Read More
While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to Read More
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of Read More
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the Read More
Bitcoin.com, a leading figure in the world of cryptocurrency and blockchain technology, is thrilled to announce a significant enhancement to the utility of its ecosystem token, VERSE. In a groundbreaking collaboration, VERSE has now Read More
Rohit Wad, the chief technology officer (CTO) of Binance said his platform has increased its compliance budget in recent years to ensure it achieves the “highest regulatory compliance standard.” According to Wad, Binance has used Read More
