Tag: Million

Norway-based K33 secures 60 million SEK for its Bitcoin treasury

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Norway-based K33 firm has raised $5.6 million from insiders to acquire Bitcoin. Norwegian digital asset company K33 became the latest firm to join the Bitcoin (BTC) train. On Wednesday, May 28, the company announced it secured 60 million Swedish krona, worth about $5.6 million, for its Bitcoin treasury. To fund the acquisition, the Oslo-headquartered company, which is listed on Nasdaq First North in Stockholm, issued 150.56 million new shares worth 15 million SEK. K33 also issued 301.12 million free warrants valued at 45 million SEK. According to the company, the…

Elon Musk’s Grok comes to Telegram with $300 million deal

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Elon Musk’s artificial intelligence company xAI has partnered with Telegram to integrate its AI chatbot Grok across the messaging platform, according to Telegram CEO Pavel Durov. Telegram and xAI have agreed to a one-year partnership to distribute Grok to a billion Telegram users and integrate it into its apps, Durov announced on X on May 28. As part of the agreement, Telegram will receive $300 million in cash and equity from Musk’s AI company, in addition to 50% of revenue from xAI subscriptions sold via Telegram, the CEO noted. “Together,…

Strategy Acquires 4,020 Bitcoin for $427 Million Bringing Total to Over 580K BTC

Strategy (MSTR) has acquired an additional 4,020 bitcoin for roughly $427 million, pushing its total holdings to 580,250 BTC, the company said. The latest acquisition was funded through three ongoing at-the-market (ATM) equity programs, according to a press release. Between May 19 and May 25, Strategy sold 847,000 shares of its common stock (MSTR) for $348.7 million, 678,970 shares of STRK preferred stock for $67.9 million, and 104,423 shares of STRF preferred stock for $10.4 million. These offerings, with combined capacities of nearly $45 billion, are part of the company’s…

Robert Kiyosaki Predicts Mass Financial Ruin, Sees Bitcoin Hitting $1 Million

Robert Kiyosaki warns the financial apocalypse has arrived, urging immediate escape from collapsing fiat into bitcoin, gold, and silver before hyperinflation devastates savers worldwide. Fiat Is ‘Toilet Paper’: Robert Kiyosaki Urges Immediate Exit to Bitcoin and Hard Assets Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has delivered one of his starkest […] Source CryptoX Portal

Alchemy acquires NFT launchpad with 1 million users

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Web3 developer platform Alchemy has acquired HeyMint, a California-based non-fungible token (NFT) launchpad, in a move designed to enhance the company’s smart wallet infrastructure.  The undisclosed funding deal will see HeyMint’s infrastructure embedded within Alchemy as it seeks to simplify user onboarding for Web3 applications, the company disclosed on May 23. HeyMint’s co-founder and chief technology officer, Flor Ronsmans De Vry, joins Alchemy as part of the deal.  While not a household name in crypto, HeyMint attracted more than 1 million users over its first two years of operations. It…

Bitcoin ETFs Rally Hits Day 6 With $609 Million Inflow

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Bitcoin ETFs raked in $609 million on Tuesday, marking their sixth consecutive day of inflows and pushing daily volume to an all-time high. Ether ETFs also maintained the momentum, notching a fourth straight day in the green with a modest $587,000 net inflow. Bitcoin ETF Surge Drives Daily Volume to $7.5 Billion Momentum isn’t just […] Original

OpenAI plans to ship 100 million pocket-sized AI devices for everyday use

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OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones. In an interview with The Wall Street Journal, OpenAI CEO Sam Altman said he and designer Jony Ive are developing these secret devices for mass consumption, with plans to ship 100 million units upon launch. Ives joined OpenAI after his startup, io, was acquired by Altman’s company in a $6.5 billion deal, the Journal reported on May 21.  Neither…

Did Cardano Founder Steal $619 Million? Hopkinson Makes Shocking Revelation

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Cardano, and specifically its founder Charles Hoskinson, has come under fire recently after allegations of fraud surfaced online. The rumors quickly spread as the integrity of the blockchain and…