Shareholders – DIGIT INFO

Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

DIGIT — Thu, 21 Nov 2024 15:07:32 +0000

MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options.

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Microsoft’s Surprising Stance on Bitcoin as a Treasury Asset – Why They’re Saying No

DIGIT — Fri, 25 Oct 2024 16:01:17 +0000

Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center […]

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Microsoft shareholders propose firm to look into investing in Bitcoin

DIGIT — Thu, 24 Oct 2024 22:44:16 +0000

Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.

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Bitfarms postpones ‘special meeting’ over Riot’s board change demand

DIGIT — Tue, 10 Sep 2024 09:56:09 +0000

Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision.

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Tesla investors sue Elon Musk for diverting resources, talent to xAI

DIGIT — Fri, 14 Jun 2024 04:39:41 +0000

Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”

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Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

DIGIT — Sun, 19 Mar 2023 00:46:23 +0000

The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.

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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

DIGIT — Sun, 19 Mar 2023 00:35:04 +0000

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the […]

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

DIGIT — Tue, 14 Mar 2023 19:30:14 +0000

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and […]

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Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders

DIGIT — Tue, 07 Mar 2023 15:00:44 +0000

FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse […]

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Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

DIGIT — Sat, 14 Jan 2023 17:30:54 +0000

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has […]

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