MicroStrategy announced on Friday that it had increased its special preferred stock offering from $250 million to $584 million by planning to issue 7.3 million shares of 8.00% Series A Perpetual Strike Preferred Stock at $80 per share, a measure…
The European Central Bank (ECB) lowered its deposit rate by 25 basis points to 2.75% on Thursday, a move widely expected by markets. At the same time, ECB President Christine Lagarde firmly rejected speculation that Bitcoin could be added to…
Following its previous successes with Bitcoin and Ethereum ETFs, asset manager Purpose Investments filed a preliminary prospectus with Canadian securities regulators on Thursday. The filing intended to launch what would become the world’s first XRP ETF in Canada and provide…
Bitcoin mining difficulty has recorded its first decline in four months, marking the end of a streak that saw it rise eight consecutive times. According to data from Cloverpool, the mining difficulty fell 2.12% in its latest adjustment on January…
Grayscale Investments launched the Grayscale Bitcoin Miners exchange-traded fund (MNRS) on NYSE Arca on Thursday, providing investors with another way to gain exposure to Bitcoin mining firms. Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS offers investors targeted,…
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips…