2024-7-10 00:06 |
The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin mining company TeraWulf Inc. has repaid its remaining $77.5 million term loan ahead of schedule, eliminating all its outstanding debt. This move grants the company greater financial flexibility to capitalize on the growing demand for energy infrastructure, particularly for…
2024-7-10 22:58 | |
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American software technology firm MicroStrategy has announced the pricing of a new $700 million debt offering due in 2032. The company plans to use the proceeds from this offering to purchase more Bitcoin, continuing its aggressive strategy to add the cryptocurrency to its corporate treasury.
2024-6-15 17:21 | |
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2024-6-14 21:05 | |
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The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt.
2024-5-6 19:36 | |
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The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt
2024-5-5 19:36 | |
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Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg.
2024-4-23 22:42 | |
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A United States district court has sanctioned the Securities and Exchange Commission (SEC) for demonstrating “bad faith” in its legal actions against Debt Box, a company accused of operating a $50-million fraudulent cryptocurrency scheme.
2024-3-19 10:51 | |
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A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order.
2024-3-19 02:30 | |
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2024-3-14 19:53 | |
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American business intelligence and software development company, MicroStrategy has unveiled new plans to acquire an additional Bitcoin, further bolstering its already substantial BTC holdings. MicroStrategy Mega Bitcoin Purchase In The Works In a recent press release published on MicroStrategy’s official website, the software development company announced plans to raise $500 million in convertible debt offerings to purchase more Bitcoin.
2024-3-14 16:00 | |
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The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
2024-3-14 00:00 | |
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MicroStrategy’s MSTR shares surged by about 3% in pre-market trading following the company’s announcement to increase its convertible debt offering to $700 million, up from the initially planned $600 million.
2024-3-8 16:06 | |
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Adding to the bullish momentum, MicroStrategy, the business intelligence company best known for its relentless commitment to stockpiling the benchmark crypto has raised its convertible debt offering to $700 million from $600 million as part of a move to acquire more BTC and boost its cache even further.
2024-3-7 00:31 | |
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The company's convertible debt offering will have a conversion price at 42.5% premium to last close.
2024-3-7 19:57 | |
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The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt.
2022-11-2 00:16 | |
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The convertible debt offering was revealed in a regulatory filing and confirmed by the company.
2022-10-15 22:45 | |
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The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September.
2022-9-21 12:59 | |
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Ratings company Fitch downgraded El Salvador's long-term foreign currency issuer default rating (IDR), saying it is likely to default on a bond repayment due January.
2022-9-16 13:15 | |
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Poolin CEO and founder Kevin Pan assured users that funds are safe and said the company might look to debt to solve its liquidity troubles.
2022-9-6 13:55 | |
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The bankrupt 3AC owes $3. 5 billion to dozens of investors, as stated in a court paper. The Genesis OTC platform was the largest company creditor — $2. 36 billion. Interestingly, another major bankrupt company Voyager Digital is next on the list – $685 million.
2022-7-20 18:35 | |
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The company said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.”
2022-7-11 15:13 | |
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MicroStrategy (MSTR) has purchased over 129,000 bitcoins since making its first move to add the flagship cryptocurrency to its balance sheet in August 2020. The company, co-founded by CEO Michael Saylor in 1989, first bought the cryptocurrency by converting $250 million of its cash holdings into 21,454 BTC.
2022-6-7 22:52 | |
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The move comes after the company increased its net profits by over ten-fold in the last quarter.
2021-11-30 22:15 | |
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Bitcoin mining company Marathon Digital Holding will expand its operations. The company announced that it will acquire debt for “general corporate purposes”, according to a press release, which includes the purchase of BTC mining equipment.
2021-11-15 21:00 | |
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The company's stock has dropped by more than 60% after topping out at $1,135 in early February.
2021-6-8 19:22 | |
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Virginia-based enterprise business intelligence firm MicroStrategy has announced another significant debt offering so as to help finance the company’s purchase of bitcoin, underscoring chief executive Michael Saylor’s confidence in the bellwether cryptocurrency.
2021-6-7 18:17 | |
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Michael Saylor’s publicly listed analytics and business intelligence company wants to add more Bitcoin to its coffers which already holds approximately 92,079 BTC. Interestingly, these BTC will be held by a newly formed subsidiary, MacroStrategy LLC.
2021-6-7 17:55 | |
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Ray Dalio, the founder of the fifth most important private company in the US- Bridgewater Associates, who is famously known for his principles in handling the debt crisis situations, came on as a speaker at Coindesk Consensus 2021.
2021-5-25 21:41 | |
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Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April.
2021-5-18 16:30 | |
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Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt.
2021-5-1 10:41 | |
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On Feb. 19, MicroStrategy announced that its most recent senior notes offering ran to $1. 05 billion dollars. The company took on this debt in order to buy another billion worth of Bitcoin. And on Feb.
2021-2-21 14:19 | |
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MicroStrategy Inc. boosted its convertible debt sale to purchase Bitcoin by nearly half and cut the coupon to 0%, making it virtually a straight bet on the price of Bitcoin. Microstrategy’s Keen Investment in Bitcoin The company already has nearly 72,000 bitcoins as of February 2.
2021-2-20 16:59 | |
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Microstrategy completed its debt offering this Friday, with the company stating that the net proceeds from the sale of the notes will be approximately $1.03 billion. That’s considerably more than...
2021-2-21 16:40 | |
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Publicly traded company MicroStrategy announced the completion of $1. 05 billion offering of convertible senior notes, thus allowing the firm to invest the aforementioned amount into Bitcoin. MicroSThe post MicroStrategy completes its $1.
2021-2-20 21:00 | |
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MicroStrategy has announced via a press release on February 17 that it plans to issue $900 million more worth of debt, adding $300 million to the novel debt issuance model to buy more Bitcoin. The firm stated that it will offer convertible notes that will mature on February 15, 2027.
2021-2-18 20:49 | |
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A publicly traded company has announced they plan to issue $100 million worth of debt in order to buy bitcoin, copying MicroStrategy’s strategy. The Malaysian section of GreenPro Capital (NASDAQ:GRNQ),...
2021-1-6 17:52 | |
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Business intelligence firm MicroStrategy is looking to boost its war chest with a capital raise. The company revealed on Monday that it is planning to sell $400 million in convertible senior notes — debt securities that can be converted into the issuing company’s shares — to “qualified institutional buyers” only in a private sale. MicroStrategy […]
2020-12-8 15:04 | |
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Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations.
2020-5-13 05:20 | |
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Ford Motor Company's credit rating was just downgraded to junk status. An auto bailout for Ford doesn't sound like a good deal for America. The post Ford Debt Is ‘Junk’ – Don’t Make U.
2020-3-26 19:31 | |
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Dominion Bond Rating Service (DBRS) Morningstar, a global credit rating agency has rated its first blockchain-based securities. Also, the securities were issued as a $39. 7 million loan to Fat Brands, a restaurant franchising company to expand its business and refinance its existing debt, according to a Forbes report on March 8, 2020.
2020-3-10 20:00 | |
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The story of QuadrigaCX’s demise is a tumultuous and confusing one, at best. After founder and CEO Gerald Cotten died in December 2018, the company was revealed to be severely in debt, leading to months of hearings as the platform worked to find the funds that they’d lost.
2020-1-9 17:17 | |
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Sun Microsystem is a name seldom uttered in 2019. That’s a damned shame, because if it wasn’t for this hugely influential firm, the Internet would be a completely different place. Suffice to say, we owe it a tremendous debt.
2019-7-11 18:17 | |
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American crypto finance company BlockFi announced support for customers using Gemini USD (GUSD) as a substitute for fiat USD, on May 29, 2019. This move paves a path for non-U. S. residents to access the dollar-denominated debt market.
2019-5-30 15:00 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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MakerDao is one of the exciting projects of this year. While Maker (MKR) cryptocurrency has been hot crypto as it registered significant gains, about $2 million worth of Ethereum has been locked in Collateralized Debt position (CDP).
2019-3-18 00:06 | |
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Tesla investors should be nervous right now. The company faces a looming $1 billion debt deadline on Friday. The repayment will wipe out a third of Tesla’s cash reserves instantly. But it gets worse.
2019-2-28 18:25 | |
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Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration.
2019-2-27 23:13 | |
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