Strategy Boosts Bitcoin Fundraise to $2B via Preferred Stock: Report

Strategy Inc. dramatically increased its latest preferred stock sale targeting bitcoin purchases to $2 billion from an initially planned $500 million, Bloomberg reported Thursday, citing a person familiar with the matter. The bitcoin-focused treasury firm, led by Michael Saylor, priced its Series A Perpetual Stretch preferred shares (STRC) in New York amid strong investor demand … Read more

Kraken Integrates Ink L2 Protocol and INK Token, Plans User Airdrop

Crypto exchange Kraken will integrate the INK cryptocurrency token and Ink layer two (L2) protocols into its core trading platform, followed by an airdrop of the token to eligible users. Kraken to Incorporate Ink Foundation’s INK Token and L2 Tech The integration, announced July 24 and shared with Bitcoin.com News, involves technology built by the … Read more