Genius Group intends to invest 100% of the proceeds from the $ 33 million rights issue into the acquisition of more bitcoin. Bitcoin is Genius Group’s Favorite Investment Asset Genius Group, an artificial intelligence (AI)-based educational tech company has announced a $ 33 million rights offering for the company’s ordinary stock with all …
Crypto.com Partners With Mastercard to Expand Digital Payments in GCC Region
Crypto.com has announced a strategic partnership with Mastercard, enabling the cryptocurrency platform to issue payment cards directly in the Gulf Cooperation Council (GCC) region, starting with Bahrain. Crypto.com Secures Principal Licence to Issue Mastercard-Powered Cards The collaboration revealed on Dec. 4, grants Crypto.com a principal licence to issue cards on Mastercard’s payment network. This move, […]
Hive to Expand Bitcoin Mining Power With $60M Purchase
The investment is expected to help the firm top $ 300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. Competition Among Miners Intensifies as Bitcoin Inches Towards $ 100K Canadian-based Bitcoin mining firm Hive Digital Technologies (Nasdaq: HIVE) has purchased 13,480 mining units from Chinese-based manufacturer Bitmain with an …
LaFinteca and UTORG Announce Strategic Partnership to Expand Cryptocurrency Payment Solutions in Latin America and Europe
PRESS RELEASE. LaFinteca, a leading financial services company in Latin America, today announced a strategic partnership with UTORG, a top provider of cryptocurrency solutions in Europe. This collaboration aims to integrate UTORG’s advanced technologies into LaFinteca’s operations, enhancing its digital payment solutions and establishing UTORG as LaFinteca’s main partner in Europe. With the growing demand […]
Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 16%
Microstrategy has finalized a $ 3 billion convertible note offering, further bolstering its position as a leading bitcoin (BTC) holder with 331,200 BTC now valued at $ 32.519 billion. Microstrategy Finalizes Convertible Notes Sale Worth $ 3 Billion Microstrategy Incorporated (Nasdaq: MSTR), known for its significant bitcoin (BTC) investments, has completed a …