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 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: …
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $ 14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $ 750,000 civil penalty, and to comply with certain undertakings,” the …
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $ 700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, …
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