Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay of...
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CMCC Global Plans Tokenized Bitcoin Funds With Tether And Bitfinex Securities
TL;DR: CMCC Global is bringing two existing fund strategies into tokenized securities issued through Tether’s Hadron infrastructur...
Wealthy Bitcoin Holders Shift From Trading to Private Banking, Says Xapo Chief
Xapo Bank CEO Seamus Rocca says wealthy bitcoin holders now borrow against BTC and chase yield, as traditional banks move too slow...
Ripple Legal Chief Raises Alarm Over Losses in New Crypto Offerings
Ripple’s legal chief Stuart Alderoty is calling for clearer project promises and issuer accountability amid concerns about losses...
IRS plans to reduce penalties and speed up crypto tax disclosures
The IRS's streamlined crypto tax disclosure process may enhance compliance, reduce legal uncertainties, and align digital assets w...
Hyperliquid Strategies expands stock buyback program to $100M as PURR shares fall over 30%
Hyperliquid Strategies increases its stock buyback authorization to $100 million as PURR shares decline over 30% and HYPE falls mo...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...