Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $ 350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt …
MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $ 250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA to Purchase More Bitcoin Following Private …
Microstrategy Proposes $500M Convertible Senior Notes Offering to Acquire Additional Bitcoin
Microstrategy has announced its intention to offer $ 500 million of convertible senior notes due 2032 in a private offering, subject to market conditions. The company also expects to grant the initial purchasers an option to purchase up to an additional $ 75 million of the notes within a 13-day period from the …
Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs
After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated that the technology, which is now well-suited to support DAOs and the more mature […]
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […]