Investments Archives - Page 2 of 5

Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with B transfer

Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer

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Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC. Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13 […]

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Strategy and Metaplanet capitalize on Bitcoin correction with 0M acquisition

Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition

Leave a Comment / Bitcoin, crypto, Investments, Metaplanet, Strategy, TradFi / best time

Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on

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Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger

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Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it accelerates its pivot into Asia’s fast-growing digital assets market. The moves follow the company’s recent ticker change and come ahead of a pending rebrand to AsiaStrategy, as part of its merger with Sora Ventures, a

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BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO

Leave a Comment / crypto, Featured, Investments, Stablecoins, TradFi, Trading / best time

BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering. Orders for the offering have reportedly exceeded the

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US Labor Department dials back crypto warning for retirement plans

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The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement plans, according to a May 28 announcement. The decision withdraws “Compliance Assistance Release No. 2022-01,” which directed fiduciaries to exercise “extreme care” before including digital assets in retirement plan investment menus. Neutrality restored

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El Salvador’s Bitcoin strategy under IMF scrutiny

Leave a Comment / Bitcoin, El Salvador, Featured, Investments, Macro, Politics / best time

The International Monetary Fund (IMF) has again called on El Salvador to keep its Bitcoin holdings unchanged. In a statement released on May 27, the IMF said government-owned wallets must not increase their BTC reserves and also urged the country to fully exit its role in the Chivo wallet by the end of July. According

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GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase

Leave a Comment / Adoption, Bitcoin, crypto, GameStop, Investments, Semler Scientific / best time

GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly

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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

Leave a Comment / Adoption, Bitcoin, crypto, Deals, Donald Trump, Featured, Investments, TradFi, Trump Media / best time

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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Nasdaq-listed Top Win changes ticker to SORA, names Jason Fang board chairman

Leave a Comment / Adoption, AsiaStrategy, Bitcoin, crypto, Culture, Featured, Investments, Sora Venture / best time

Bitcoin-focused firm Top Win International has officially changed its Nasdaq ticker symbol from TOPW to SORA to reflect its revamp to a Bitcoin Treasury company, according to a May 27 regulatory filing. The firm has also appointed Sora Ventures co-founder Jason Fang as chairman of the board of directors. Fang brings a wealth of experience to

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Tether invests billion profit into US companies while holding 0 billion in US debt

Tether invests $5 billion profit into US companies while holding $120 billion in US debt

Leave a Comment / Adoption, Bitcoin, Featured, Investments, Stablecoins, Tether, TradFi, US, USDT / best time

Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging

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