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Strategy today announced that it has completed the previously announced offering of 0% Convertible Senior Notes due 2030 (the "Notes"). The total principal amount of the Notes sold in this offering is $2 billion. Net proceeds from this offering, net of fees and estimated expenses, are approximately $1.99 billion. Strategy intends to use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin and as Working Funds.
On February 22nd, AB DAO officially announced that AB tokens will be launched on the BingX exchange in the near future, and an official announcement will be issued after the launch. This launch will further expand global trading channels, enhance liquidity, and accelerate the globalization of the AB ecosystem. This milestone will provide more users with a convenient and secure trading experience, while promoting the wide application of AB tokens in the Web3 field. BingX, as the world's leading c...
US-listed company MultiCorp International, Inc. announced that it is in discussions to purchase bitcoin using a leveraged buyout structure funded by a correspondent bank loan from Edwards Capital NA LLC. Under the relevant agreement, Edwards Capital correspondent bank will provide a $50,000,000 mortgage loan to MultiCorp International, Inc. for a targeted acquisition. The company plans to initially purchase $25,000,000 worth of bitcoin to be included in its diversified assets.
Nasdaq-listed bitcoin miner BitFuFu announced that it has signed a definitive agreement to acquire the Oklahoma bitcoin mine, which operates 51MW and trades at $400,000/MW, funded by cash and common stock on BitFuFu's balance sheet. It is reported that with the deployment of the AntMiner S21 series of mining machines, the average cash cost of mining one bitcoin at the site will be as low as $18,000 (excluding depreciation).
Nasdaq-listed Nano Labs announced that it has entered into a share purchase agreement with certain investors to sell 913,714 shares of the company's Class A common stock in a private placement. The purchase price of each Class A common stock is $6.46, and the total purchase price of the private placement is approximately $5.90 million. In addition, Nano Labs also stated that it has recently increased its holdings of Bitcoin. As of February 21, 2025, it holds a total of approximately 400 Bitcoin,...
The preliminary French manufacturing PMI for February will be released in ten minutes.
DeepSeek announced today that starting next week, it will open-source five codebases, and new content will be unlocked every day to further share new progress. According to DeepSeek, the modules of the current online service have been tested, deployed and ready to be put into production. The company defines itself as a small company, adding that every share becomes a powerful force that accelerates the journey of the industry. There is no lofty ivory tower in this field, but only pure garage ent...
According to official news, Infinity Ground announced the completion of a $2 million seed round. This round of investors includes Animoca Brands, MARBLEX, MH Ventures, Fracht Ventures, KuCoin Ventures, Kfurnighty404, Presto Labs and PAKA Fund. Infinity Ground is developing an artificial intelligence-based development environment (Agentic IDE) and power builder package (IDK) to help Web3 developers improve their development efficiency by 10x. The platform will support multiple public blockchains ...
According to official news, federated learning protocol Primus announced the completion of a $6.50 million pre-seed and seed round of financing. This round of financing was led by Dispersion VC, Symbolic VC and VanEck, with participation from Samsung Next, Alchemy, Maelstrom Fund, Welara, BB Fund, Modular Capital, Karatage, Initial Ventures and other institutions. Primus is a protocol that securely performs computations on untrusted networks without exposing sensitive data through the Multiparty...
Franklin Templeton has announced the launch of an exchange-traded fund (ETF) that holds both spot bitcoin and Ethereum. The Franklin Crypto Index ETF (EZPZ) is the second cryptocurrency index ETF to enter the US market, following the launch of the Nasdaq Crypto Index US ETF (NCIQ) by asset manager Hashdex on February 14. The EZPZ fund holds a basket of assets referenced by the U.S. CF Institutional Digital Asset Index. As of February 20, the index was only...
Blockchain innovation studio Knidos Labs has announced that it has received an undisclosed amount of funding from the Avalanche Foundation to develop and launch its decentralized enhancement layer and build innovative and impactful financial instruments, while introducing Knidos Node-Fi, a trustless and transparent partial node ownership platform.
Bitcoin financial services company Onramp and lending platform Arch have announced a partnership to launch a Bitcoin collateralized lending service. The service allows BTC holders to use their assets as collateral to obtain cash or stablecoin loans for liquidity without having to sell bitcoin.
The Securities Exchange Commission (SEC) has announced the establishment of a Cyber and Emerging Technologies Unit to protect retail investors.
According to official news, Strategy (formerly MicroStrategy) announced pricing for the issuance of the $2 billion convertible senior notes. The conversion ratio for the notes will initially be 2.3072 shares of MicroStrategy Class A common stock per principal amount of $1,000 notes, which equates to an initial conversion price of approximately $433.43 per share.
Strategy today announced the pricing of its offering of 0% Convertible Senior Notes ("Notes") due 2030. Strategy estimates that net proceeds from the offering, net of fees and estimated expenses, will be approximately $1.99 billion (or approximately $2.28 billion if the initial purchaser fully exercises the option to purchase additional Notes). Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and as Working Funds.
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