Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$ 2.5 million ($ 1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has recently shifted its focus away from bitcoin mining, …
Microstrategy Announces Plans to Buy More Bitcoin Following $1.01B Private Offering
Microstrategy has revealed plans to acquire additional bitcoin after completing a $ 1.01 billion offering of convertible senior notes. This move comes as part of the company’s ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy Completes $ 1.01B Private Sale Microstrategy (Nasdaq: …
Louisiana Announces Crypto Payment Options for State Services
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our citizens with flexibility and freedom in interacting with state services,” said Louisiana’s State […]
LBank Announces Global Listing of Moo Deng Meme Coin, Surges 190% in First 24 Hours
PRESS RELEASE. LBank is excited to announce that it is the first cryptocurrency exchange to globally list MOODENG(Moo Deng), a new meme coin, which has surged an impressive 190% within its first 24 hours. This global listing marks Moo Deng’s official entry into the cryptocurrency market and underscores LBank’s commitment to innovation and community engagement. […]
Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago. […]