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3232Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million
https://www.digit.info/tokyos-metaplanet-grows-its-bitcoin-war-chest-to-45-million/
Fri, 11 Oct 2024 21:31:24 +0000https://www.digit.info/tokyos-metaplanet-grows-its-bitcoin-war-chest-to-45-million/Read more]]>Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet: Why Metaplanet Isn’t Slowing Down Dubbed the ‘Japanese Microstrategy,’ […]
]]>Microstrategy Announces Plans to Buy More Bitcoin Following $1.01B Private Offering
https://www.digit.info/microstrategy-announces-plans-to-buy-more-bitcoin-following-1-01b-private-offering/
Fri, 20 Sep 2024 13:18:45 +0000https://www.digit.info/microstrategy-announces-plans-to-buy-more-bitcoin-following-1-01b-private-offering/Read more]]>Microstrategy has revealed plans to acquire additional bitcoin after completing a $1.01 billion offering of convertible senior notes. This move comes as part of the company’s ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy Completes $1.01B Private Sale Microstrategy (Nasdaq: MSTR), a publicly traded […]
]]>BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy
https://www.digit.info/btc-miner-cathedra-shifts-focus-to-bitcoin-acquisition-strategy/
Tue, 17 Sep 2024 21:35:28 +0000https://www.digit.info/btc-miner-cathedra-shifts-focus-to-bitcoin-acquisition-strategy/Read more]]>Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining […]
]]>CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%
https://www.digit.info/cpi-report-sparks-fed-rate-cut-hopes-as-inflation-slows-to-2-9/
Wed, 14 Aug 2024 13:50:49 +0000https://www.digit.info/cpi-report-sparks-fed-rate-cut-hopes-as-inflation-slows-to-2-9/Read more]]>On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market sentiment that the latest BLS figures strengthen the case for a Federal […]
]]>Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering
https://www.digit.info/bitcoin-miner-core-scientific-announces-350-million-convertible-senior-notes-offering/
Tue, 13 Aug 2024 18:30:06 +0000https://www.digit.info/bitcoin-miner-core-scientific-announces-350-million-convertible-senior-notes-offering/Read more]]>Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt Repayment On […]
]]>7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
https://www.digit.info/7-year-old-sleeping-bitcoin-wallet-activates-transfers-14m-in-btc/
Mon, 29 Jul 2024 17:27:25 +0000https://www.digit.info/7-year-old-sleeping-bitcoin-wallet-activates-transfers-14m-in-btc/Read more]]>Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin addresses from 2017 have been reactivated. […]