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.
Similar to Notcoin - Blum - Airdrops In 2024
|
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 | |
|
|
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 | |
|
|
2024-6-14 21:05 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
2024-3-14 19:53 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
The company's convertible debt offering will have a conversion price at 42.5% premium to last close.
2024-3-7 19:57 | |
|
|
MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), has again expanded its holdings. As revealed yesterday, the company purchased approximately 16,130 BTC in November (worth roughly $608 million at the current market rates).
2023-12-2 22:00 | |
|
|
Northern Data Group says the financing will strengthen its ability to invest in “the most sophisticated hardware available.” Northern Data AG, a German company focused on Bitcoin (BTC) mining, has secured a €575 million debt financing provided by stablecoin issuer…
2023-11-2 12:45 | |
|
|
Despite trimming debt and operational expenses, Argo Blockchain posted a net loss of over $18 million in H1 2023, records show. Argo Blockchain, a leading crypto mining company (LSE: ARB; NASDAQ: ARBK), has released its performance report for the first…
2023-8-29 18:02 | |
|
|
A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.
2023-7-12 11:58 | |
|
|
The head of the Galaxy Digital blockchain company, Mike Novogratz, recommends buying bitcoins due to the growth of the US government debt. From June 1 to July 6, the debt owed to creditors of the US federal government increased by $ 1 trillion and reached $ 32.
2023-7-11 15:36 | |
|
|
Gemini co-founder Cameron Winklevoss has proposed a final offer, mandating Digital Currency Group’s (DCG) Barry Silbert and his embattled company to start reimbursing Gemini Earn creditors by July 21 or face a lawsuit. There appears to be a glimmer of…
2023-7-4 16:15 | |
|
|
Altcoin holders who are owed money by Celsius will be able to convert their altcoins into Bitcoin and Ether as of July 1, according to a recent ruling by a New York court. Celsius, a company that declared Chapter 11 bankruptcy protection in July 2022, acknowledging its substantial debt of up to $10 billion, temporarily […]
2023-7-2 15:10 | |
|
|
ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology.
2023-5-26 02:45 | |
|
|
Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.
2023-4-19 11:00 | |
|
|
2023-4-7 00:34 | |
|
|
Coinspeaker Two Luxembourg-based Satellite Rivals SES and Intelsat Confirm Possibility of Merger to Take on Musk’s SpaceX If the transaction goes through, SES and Intelsat will form a single company valued at about $10 billion including debt.
2023-4-3 12:36 | |
|
|
The bankrupt bitcoin miner stopped making payments to the company right before it stopped paying off its debt.
2023-2-18 17:26 | |
|
|
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
2023-2-10 19:30 | |
|
|
Blockchain infrastructure firm Blockstream and its founder Adam Back, have raised $125 million to increase its Bitcoin (BTC) mining capacity. Related Reading: Saudi Central Bank To Experiment With CBDC The firm raised the capital in a convertible note, a form of short-term debt led by Kingsway Capital.
2023-1-26 21:15 | |
|
|
The most recent wave of layoffs at Coinbase has led to a dramatic drop in investor confidence in the company's ability to pay its debts.
2023-1-13 18:07 | |
|
|
Binance has been under intense scrutiny since it released its proof of reserves about a month ago. The crypto exchange had done so in a bid to assure users that all deposited funds were safe and that it was not going to collapse like FTX, but this had backfired spectacularly for the company. As the […]
2022-12-24 20:00 | |
|
|
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.
2022-12-20 18:06 | |
|
|
The company has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful.
2022-11-23 13:05 | |
|
|
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 | |
|
|
The convertible debt offering was revealed in a regulatory filing and confirmed by the company.
2022-10-15 22:45 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
The move comes after the company increased its net profits by over ten-fold in the last quarter.
2021-11-30 22:15 | |
|
|
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 | |
|
|
The company's stock has dropped by more than 60% after topping out at $1,135 in early February.
2021-6-8 19:22 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt.
2021-5-1 10:41 | |
|
|
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 | |
|
|