Marathon Digital Holdings announced a $250 million private offering of convertible notes to expand its bitcoin holdings. The Bitcoin mining firm aims to mimic MicroStrategy's corporate bitcoin accumulation strategy.
Metaplanet, a publicly listed Japanese investment firm, has secured a ¥1 billion ($6.8 million) loan to purchase additional Bitcoin. This comes just days after...
Japanese company Metaplanet bought another ¥400 million ($2.5M) in Bitcoin, continuing its strategy of accumulating Bitcoin as a treasury reserve asset to mimic MicroStrategy.
MicroStrategy boosted its planned stock sale to $700 million from $500 million to raise additional funds for purchasing Bitcoin amid strong investor demand.
MicroStrategy plans to raise $500 million through a convertible senior notes offering, with proceeds going primarily toward acquiring more Bitcoin for its corporate treasury.
PREDICT BITCOIN