Strategy (MSTR. O) announced that it intends to offer to qualified institutional buyers a private placement of its 0% convertible senior notes due 2030 for a total principal amount of $2 billion. Strategy also expects to grant purchase rights to initial purchasers of the notes, settled within five business days of the date of the notes' initial offering, for a total principal amount of up to $300 million. Strategy intends to use the net proceeds from the offering for general corporate purposes, ...
Grey release posted on the X platform that it has now opened up private subscriptions for 17 token trusts to eligible qualified investors, namely: $AAVE, $AVAX, $BAT, $BCH, $TAO, $LINK, $0021, $LTC, $LPT, $MKR, $NEAR, $SOL, $STX, $XLM, $SUI, $XRP, $ZEC. According to official disclosures, Grayscale will reopen private placement subscriptions to qualified investors from time to time based on net asset value (NAV).
Bitdeer announced that it will issue a $360 million 5.25% convertible senior note to qualified institutional investors with a maturity date of 2029. Initial purchasers can purchase an additional $40 million principal note within 13 days of issuance, with the transaction expected to close on November 26. The initial conversion price of the notes is $15.95 per share, a 42.5% premium to the closing price on November 21. After deducting related expenses, it is expected that the net raising will be a...
Grey released an article on the X platform saying that Grayscale Bittensor Trust is now open to qualified investors.
Grayscale announced that its XRP Trust is now open to accredited investors, providing access to XRP, the core token of XRP Ledger, a distributed network that supports cross-border transfers.
Balance, a Canadian crypto custodian, has announced that it has been qualified as a custodian. So far, crypto ETF assets issued by Canadian ETF providers 3iQ, Purpose Investments and Evolve have been held by companies such as Coinbase and Gemini under sub-custodian arrangements in the United States.
Grey release announced in a post on the X platform that it has opened up 20 token fund private subscriptions to qualified investors, including: AAVE, AVAX, BCHG, GBAT, GRT, TAO, GLNK, MANA, FILG, LTCN, MKR, GLIV, NEAR, GSOL, RENDER, STX, GXLM, SUI, XRP, ZCSH.
The Grayscale Sui Trust has been opened to qualified investors, allowing investors to seek exposure to SUI investments through the fund.
Grey release (Grayscale) announced that its Grayscale Sui Trust is now open to accredited investors, with a net asset value per share of $11.42 and a management fee of 2.50% as of August 8, 2024.