Deals

Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble

Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble

Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm. According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul. The announcement has […]

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Brad Garlinghouse denies Ripple’s reported  billion bid to acquire Circle

Brad Garlinghouse denies Ripple’s reported $5 billion bid to acquire Circle

Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an on-stage interview at a private event in Las Vegas on June 1 that Ripple “never pursued an acquisition of Circle” and the topic was not

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Musk says no deal signed with Telegram despite Grok integration announcement

Musk says no deal signed with Telegram despite Grok integration announcement

Elon Musk stated on May 28 that xAI had not signed an agreement with Telegram to distribute the Grok large language model, despite Telegram founder Pavel Duvov’s announcement earlier on the same day. Durov wrote that he and Musk “agreed to a one-year partnership” that would place Grok inside all Telegram applications and give the

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Trump Media’s bold .5 billion Bitcoin bet shakes market

Trump Media’s bold $2.5 billion Bitcoin bet shakes market

Trump Media & Technology Group (TMTG), a company backed by US President Donald Trump, has announced plans to raise $2.5 billion through a mix of stock and convertible note offerings to purchase Bitcoin, according to a May 27 statement. This planned purchase would help the firm reach the top 10 corporate Bitcoin holders globally. Strategy (formerly

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Strategy seeks to raise .1 billion from STRF stock offering to bolster its Bitcoin holdings

Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings

Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price.

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OpenAI ventures into hardware with .4B deal for legendary designer Jony Ive’s startup io

OpenAI ventures into hardware with $6.4B deal for legendary designer Jony Ive’s startup io

OpenAI announced on May 21 that it will acquire Jony Ive’s artificial intelligence hardware startup io in an all-equity transaction valued at approximately $6.4 billion, according to a report by CNBC. The acquisition, OpenAI’s largest to date, marks a decisive step into hardware for the company best known for its generative AI models. The deal

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Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20 filing with the US Securities and Exchange Commission (SEC), the firms will target claims that have received definitive legal rulings but are still awaiting distribution.

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Circle in talks with Coinbase, Ripple over potential sale amid B IPO plans

Circle in talks with Coinbase, Ripple over potential sale amid $5B IPO plans

Circle is pressing ahead with plans to go public, but the stablecoin issuer is also exploring the possibility of a sale to either Coinbase or Ripple, Fortune reported on May 19, citing people familiar with the matter. The company filed paperwork in April for a long-awaited initial public offering (IPO) targeting a $5 billion valuation,

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Tether-backed Twenty One Capital purchases 8.7 million worth of bitcoin

Tether-backed Twenty One Capital purchases $458.7 million worth of bitcoin

Twenty One Capital, a bitcoin investment company backed by Cantor Fitzgerald, Tether, and Softbank, has purchased 4,812 BTC worth $458.7 million — the first of what is promised to be many buy bids. The company trades under the ticker CEP. Stablecoin issuer Tether made the purchase shortly after Twenty One Capital was incorporated, according to

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Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a Bitcoin treasury

Strive Asset Management has agreed to merge with Asset Entities Inc., setting the stage for a bold transition into a Bitcoin-focused treasury company. According to a May 7 statement, the deal will see the combined firm operate under the Strive name and continue trading on NASDAQ. The firm said the move would create the first

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