News list for " conversion"
According to the official announcement, MicroStrategy will redeem the $1.05 billion convertible bond in 2027 and settle all conversion requests in stock.
Gold stays long waiting for non-agricultural data, bullish sentiment turns cautious; U.S. bond yields are approaching 5%, gradually approaching key buying points; U.S. oil has fallen to key support, and today may decide the next direction... > >
TraderT posted on the X platform that the Coinbase BTCUSD premium is about to turn positive.
Bitcoin miner MARA raised $1.925 billion through convertible notes in November and December. Using the proceeds from its zero-coupon convertible note offering, MARA acquired 15,574 bitcoins at approximately $98,529 per bitcoin, valued at approximately $1.53 billion, and repurchased the total principal of the existing convertible notes maturing in 2026 for approximately $263 million, and expects to use the remaining proceeds to buy more bitcoins. MARA's BTC yield is 22.5% for QTD and 60.9% for YT...
Riot Platforms, Inc. announced the issuance of its convertible senior notes ("Notes") maturing in 2030 with a total principal amount of $500 million. Riot intends to use the net proceeds from the offering to purchase additional bitcoins for general corporate purposes.
Bitcoin miner MARA completes the $1 billion convertible note financing, which includes a $150 million note issued under a purchase option granted to the initial purchaser under the purchase agreement, with a purchase option term of 13 days from the date of the initial issuance of the note, the original purchaser is fully exercised on November 19, 2024, and the additional purchase is completed on November 20, 2024.
WTI crude oil futures have turned to a futures premium for the first time since February, as the price of WTI crude oil for delivery in January next year is higher than the price of WTI crude oil for delivery in December.
FTSE China A50 index futures turned lower.
Bitcoin miner Terawulf is proposing to raise $350 million through a private issue of convertible notes, which would also give initial purchasers of the notes an option to add $75 million within 13 days of its issuance. The company has not finalized pricing and interest rates for the offering, but said the notes will mature in 2030. Terawulf intends to use the proceeds from the offering for general corporate purposes and to repurchase its outstanding common stock by December 2025 for up to $200 m...
Apecoin tweeted that stablecoins across the chain to ApeChain would be converted to DAI and deposited into sDAI, accumulating gains based on MakerDAO's savings rate.
Columbia's new bank Littio is converting its blockchain network from Ethereum to Avalanche to launch a product called Yield Pots that allows users to earn interest on their dollar deposits. Littio is providing exposure to Yield Pots through a partnership with OpenTrade, a London-based company that develops income products using real-world assets such as stablecoins and U.S. treasury securities. Littio's Yield Pots, which launched in February, is understood to have traded more than $80 million. H...
Although the cost of converting the stablecoin USDT into shares is around 3-5%, the 50-70% upside potential offered by Chinese stocks makes this strategy attractive. According to observers, since the end of September, bitcoin has rallied by 20% on the back of China's stock market stimulus policy.
The main contract of Consolidated European Line rose, now at 1847.7 points, an increase of 0.58%, having fallen nearly 5% previously.
Polygon will officially launch an upgrade to convert its long-used MATIC tokens into new POL tokens this Wednesday. The upgrade is part of the "Polygon 2.0" roadmap to enhance the flexibility of token issuance, making POL a native token for the Polygon PoS chain and other chains in its ecosystem. The annual issuance rate of the new POL tokens will be 2%. Part of the supply will be used to reward validators of Polygon PoS, and the other part will go into the community vault to support the sustain...
Bitcoin miner Marathon Digital recently sold $300 million of convertible notes to buy 4,144 bitcoins, mirroring MicroStrategy's strategy, a move that reflects the mining industry's woes: Mining profits have plummeted and miners have had to find other ways to stay afloat. Marathon recently posted on X that instead of buying more mining equipment, "consider...
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