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32 articles found
Latest
DMM Bitcoin Client Accounts to Be Transferred to SBI Group
Japan’s financial corporation SBI Group has officially announced the acquisition of client accounts and assets from the bankrupt cryptocurrency exchange DMM Bitcoin.
Metaplanet Makes Its Largest Bitcoin Purchase Ever
Japanese investment firm Metaplanet has acquired 619.7 BTC ($60 million) in its largest single Bitcoin purchase to date—four times the size of its previous acquisition of 159.7 BTC.
MicroStrategy’s BTC Acquisition Streak Backs Schiff’s Insights
December 16 saw Michael Saylor announce yet another BTC acquisition for MicroStrategy. Six weeks of consistent buying seem to validate Schiff’s pointed critiques.
Michael Saylor Doubles Down on Bitcoin Accumulation
MicroStrategy, the top corporate Bitcoin investor, continues to bolster its crypto reserves. Its latest acquisition of 15,400 BTC amounted to $1.5 billion, purchased at an average price of $95,976 per coin.
MicroStrategy Buys $5 Billion More in Bitcoin!
On November 25, MicroStrategy CEO Michael Saylor announced the acquisition of 55,500 Bitcoin at an average price of ~$97,862, totaling $5.4 billion. As of November 24, 2024,
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Trump Engages with Crypto Sector
President-elect Donald Trump reveals his commitment to the crypto sector with significant developments, including a meeting with Coinbase CEO Brian Armstrong and potential acquisition of Bakkt.
Avalanche Buys Back $53 Million in AVAX Tokens from LFG
The Avalanche Foundation has finalized the acquisition of 1.97 million AVAX tokens from the liquidated Luna Foundation Guard (LFG). LFG initially acquired these tokens to support the Terra blockchain ecosystem during its active period.
AMD Eyes $4.9 Billion Acquisition of ZT Systems
Chipmaker AMD plans to acquire ZT Systems, a provider of advanced computing systems, for $4.9 billion to bolster its position in the AI chip market. The primary goal is to challenge the industry leader, Nvidia.
The Sandbox Invests in Meme Coins
The popular metaverse project The Sandbox has announced its acquisition of several meme coins, including PEPE, SHIB, DOGE, and BONK. This move is aimed at bolstering the Web3 ecosystem and fostering a culture of creativity, essential elements in any metaverse.
Trump's Populist Approach: A Billion-Dollar Strategy?
Donald Trump's venture into social media with Truth Social is gearing up for a stock market debut, thanks to a merger deal with Digital World Acquisition getting the green light from investors. The stock could potentially trade under Trump's initials, DJT.
40% Price Surge for Premium Plus on X
Premium Plus on X (formerly Twitter) now costs 40% more, the steepest hike since Elon Musk’s acquisition of the platform. Does this signal a shift for crypto enthusiasts on X?
El Salvador Adds 11 More Bitcoins to Its Reserves
El Salvador’s Bitcoin Office has revealed the country’s latest Bitcoin acquisition, adding 11 more coins to its reserves. The purchase, valued at approximately $1,071,422, was made at an average price of $97,402 per coin.
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BAYC and ApeCoin Creators Acquire Tokenproof Tech Team
Yuga Labs, the powerhouse behind Bored Ape Yacht Club and ApeCoin, announced the acquisition of Tokenproof, a Web3 tokenization service, along with its technical team.
MARA Holdings Announces $700M BTC Acquisition Plan
Publicly traded mining giant MARA Holdings Inc. has unveiled a $700 million convertible senior note issuance, maturing in 2031. Funds will be directed toward expanding its Bitcoin portfolio.
Singapore Gulf Bank Enters the Stablecoin Market
Singapore Gulf Bank is preparing to acquire a company specializing in stablecoin payments. To fund the acquisition, the bank aims to raise at least $50 million in a new financing round. The deal is expected to close by early 2025.
Dune Purchases smlXL, Expands Its Real-Time Data Offering
Crypto data analytics platform Dune announced the acquisition of smlXL, another blockchain data provider.
Michael Saylor’s MicroStrategy Adds 7,420 More BTC to Portfolio
On September 20, Michael Saylor’s MicroStrategy revealed that it had purchased another 7,420 BTC, with the acquisition totaling approximately $458.2 million.
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CleanSpark Acquires GRIID
CleanSpark, a mining company, is acquiring the U.S.-based infrastructure firm GRIID for $155 million. The boards of both companies have approved the deal, which now requires the nod from other shareholders and regulatory bodies. The acquisition is expected to be finalized by the third quarter of 2024.
FTC Scrutinizes Microsoft-Inflection AI Deal
The U.S. Federal Trade Commission (FTC) is investigating Microsoft for potentially trying to circumvent antitrust regulations in its $650 million acquisition of AI startup Inflection AI. The agency has requested pertinent documents and is conducting a preliminary review.
Ripple Secures Standard Custody & Trust in Latest Acquisition
Ripple (XRP), a cryptocurrency company, has just finalized the purchase of Standard Custody & Trust Company, a subsidiary of PolySign that specializes in corporate governance and the custody of digital assets. The transaction details, including the financial aspect, are yet to be revealed.
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