MARA Holdings announced plans to issue $850 million in zero-coupon convertible notes due 2032, with proceeds earmarked for bitcoin purchases and debt repayment. $850 Million in Convertible Notes to Fund Additional Bitcoin Acquisition MARA Holdings, Inc. (Nasdaq: MARA) has announced plans to raise $850 million through a private offering of zero-coupon convertible senior notes due […] Original
Ether ETFs kept their momentum with a $534 million inflow, while bitcoin ETFs saw a second consecutive day of outflows totaling $68 million. Trading activity stayed strong as ETH products pushed toward $20 billion in net assets. Ether ETFs Hit 13-Day Streak While Bitcoin ETFs Struggle With Another $68 Million Exit The shift in investor […] Original
The $500 million private placement by Volcon will be used to fuel its bitcoin treasury strategy. The company has already accumulated over 280 BTC and entered a strategic partnership with Gemini. Volcon to Become Empery Digital With Focus on Bitcoin Treasury Volcon, Inc. (Nasdaq: VLCN) has announced the close of a $500 million private placement […] Original
Mercurity Fintech (MFH) has secured a $200 million equity line from Solana Ventures to launch a comprehensive solana-based treasury initiative. Solana Ventures Backs Mercurity With $200 Million for SOL-Based Treasury Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced a strategic $200 million equity line of credit from Solana Ventures Ltd., marking a major step in […] Source CryptoX Portal
Profusa is pivoting into bitcoin by securing a $100 million equity line of credit with Ascent Partners, committing all proceeds beyond a $5 million cash buffer to BTC as its primary treasury reserve asset. Biotech Firm Profusa Embraces Bitcoin Profusa Inc. (Nasdaq: PFSA), a digital health company, has taken a bold step into digital assets […] Original
Tom Lee, CIO of Fundstrat Capital, an asset management firm, has predicted that if bitcoin really becomes a digital gold alternative, its price might go over $1 million in the future to at least reach the current market cap of gold. Fundstrat’s Tom Lee Bets on Bitcoin Reaching $1 Million as Digital Gold As adoption […] Original
Ether exchange-traded funds (ETFs) kept their winning streak alive, pulling in $297 million and notching a new record for daily trading volume. Meanwhile, bitcoin ETFs saw their first daily outflow in nearly two weeks, shedding $131 million. Bitcoin ETFs See First Outflow in 12 Days As Ether ETFs Hit $19 Billion in Net Assets Ether […] Original
China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin. In a statement on Monday, the company said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt offering that aimed to raise $500 million. At an average price of $0.24 per coin, Bit Origin would have spent around $9.9 million on its recent Dogecoin acquisition. The token is currently trading at $0.26,…
Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy. In a statement on Monday, DeFi Development Corp said its purchase of 141,383 Solana (SOL) between July 14 and July 20 had grown its treasury to 999,999. The recent acquisition included spot purchases, discounted locked SOL, and 867 tokens earned through staking, validator revenue, and “other onchain activity,” according to DeFi Development Corp. “All newly acquired SOL is being staked immediately, earning native yield while…
Polymarket has acquired the parent company of QCEX, a CFTC-licensed exchange and clearinghouse, in a $112 million deal that paves the way for the crypto prediction market’s return to the United States. The acquisition gives Polymarket access to U.S. markets through QCX, LLC and QC Clearing LLC, which hold licenses from the Commodity Futures Trading Commission. The move follows the end of a federal investigation into Polymarket’s prior operations, clearing a path for the company to resume service to American users within a regulated framework. Polymarket has acquired QCEX, a…