Strategy to retire $1.5 billion in convertible notes at a discount, may sell bitcoin to fund buyback
Strategy agreed to buy back $1.5 billion face value of its zero-coupon 2029 convertible notes for approximately $1.38 billion, retiring the debt at roughly 92 cents on the dollar. The company listed ...
IREN closed a $3 billion convertible notes offering on Wednesday — 1.00% coupon due 2033, $2.96 billion net — with the full $400 million greenshoe exercised, as the Bitcoin miner deepens its ...
Later this week, the Senate Banking Committee is slated to hold a markup to amend and vote on a broad crypto market structure bill, regulating the industry comprehensively at the federal level for the ...
It will be worth watching whether ZCSH can sustain over $2 million in daily volume throughout May. The following is excerpted from The Block’s Data and Insights newsletter. The Grayscale Zcash Trust ...
Luxor Technology Corporation, a bitcoin mining-focused infrastructure firm, is expanding its partnership with MicroBT with a $100 million commitment to purchase WhatsMiner rigs. In a statement ...
Tokenization of ETFs could improve creation and redemption while ushering in “near-instant settlement” and nonstop access. “Tokenization is that it will become part of the ETF ecosystem, but we’re a ...
Ripple has partnered with South Korean Kyobo Life Insurance to enable tokenized government bond transactions through Ripple Custody. In a statement released on Wednesday, Ripple said that the pair ...
Sen. Tillis aims to release draft resolving Clarity Act's stablecoin yield dispute this week: report
U.S. Senator Thom Tillis (R-N.C.) said that he hopes to release a draft agreement this week to resolve the ongoing stablecoin yield dispute between banks and crypto firms, according to a Monday report ...
The Royal Government of Bhutan moved another 250 BTC worth about $18 million to a newly created wallet, according to Arkham data. It total holdings now stand at roughly 3,774 BTC, down sharply from a ...
The stablecoin share of card volume is worth watching as a proxy for geographic and demographic shifts and who is using these products. The following is excerpted from The Block’s Data and Insights ...
EDX Markets Holding Company, the cryptocurrency exchange backed by Wall Street heavyweights like Citadel Securities, Fidelity Investments, and Charles Schwab, has applied for a national bank charter.
Crypto asset manager, market maker, and trading infrastructure provider Keyrock said it has raised "significant" new funding at a $1.1 billion valuation. A representative for the firm declined to ...
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