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Bitcoin Mining Companies Raise $5.2 Billion via Convertible Notes

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Bitcoin Mining Companies Raise $ 5.2 Billion via Convertible Notes

Bitcoin mining companies have collectively raised an impressive $ 5.2 billion through convertible notes in recent months. Convertible Notes Remain a Key Funding Vehicle for Bitcoin Miners Bitcoin mining companies have turned to convertible notes in a bid to raise funding to acquire bitcoin and improve mining facilities. A report by The Minermag showed …

Tether Posts $5.2 Billion Profit in First Half of 2024

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Tether Posts $ 5.2 Billion Profit in First Half of 2024

Tether Holdings Limited reported a record-breaking net profit of $ 5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise in group equity. Tether Reveals Mid-Year Financials The largest …

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