Bitcoin Magazine Fintech Company DigiAsia Corp to Launch Bitcoin Treasury Strategy DigiAsia Corp, a leading Southeast Asian Fintech-as-a-Service platform, has signed an indicative term sheet for up to $3 million in non-recourse debt financing to kickstart its Bitcoin treasury acquisition strategy. The funding comes from High West Capital Partners and is expected to close within … Read more
Bitcoin Magazine ECD Automotive Design Secures $500M Facility to Acquire Bitcoin ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company, has announced today the signing of a $500 million equity facility to accumulate Bitcoin as a primary reserve asset and fund corporate growth and expansion initiatives. JUST IN: ECD … Read more
Bitcoin Magazine Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise Anthony Pompliano announced a $1 billion merger creating ProCap Financial through a Special Purpose Acquisition Company (SPAC) transaction with Columbus Circle Capital Corp. (CCCM). The deal represents the largest initial fundraise in history for a public Bitcoin treasury company, raising $516.5 … Read more
Bitcoin Magazine Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy Today, Green Minerals AS, a mineral miner in Norway, has announced the adoption of a Bitcoin Treasury Strategy, marking a shift in its financial approach to protect against inflation and geopolitical uncertainty. The deep sea mining company aims to diversify its treasury by integrating … Read more
Bitcoin Magazine Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin Today, Genesis Digital Assets Limited (GDA), one of the largest Bitcoin mining companies in the world in terms of hash rate, has announced it has entered a purchase agreement with Auradine, a Silicon Valley-based provider of blockchain and AI infrastructure solutions. In … Read more
Bitcoin Magazine Strategy Buys $26 Million Worth Of Bitcoin Strategy has purchased an additional 245 Bitcoin for approximately $26 million, continuing its steady accumulation strategy despite recent market volatility triggered by geopolitical tensions. According to an SEC filing on June 23, the company acquired Bitcoin at an average price of $105,856 per coin during the … Read more
Bitcoin Magazine Metaplanet Buys Additional ¥17.2 Billion Worth Of Bitcoin Metaplanet has purchased an additional 1,111 Bitcoin for approximately ¥17.2 billion ($118.2 million), expanding its Bitcoin holdings amid growing corporate adoption of Bitcoin as treasury reserves. According to a company filing on June 23, the Tokyo-listed firm acquired the Bitcoin at an average price of … Read more
Bitcoin Magazine Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy Today, the government of Norway announced its plans to introduce a temporary ban on establishing new Bitcoin and cryptocurrency mining data centres. The government concluded that it was better to redirect electricity to other industries and economic sectors and … Read more
Bitcoin Magazine A Seed Phrase Isn’t Self Custody, It’s A Liability. For as long as bitcoin has existed, self-custody–the ability to transact with and hold your own wealth without the need for a third party intermediary like a bank or other financial institution–has been central to the offer. For some, self custody is a firmly-held … Read more
Bitcoin Magazine Is the 4-Year Bitcoin Cycle Over? Rational Root Explains Why This Time Might Not Be Different In a wide-ranging conversation, Bitcoin Magazine Pro’s lead analyst Matt Crosby sat down with on-chain cycle expert Rational Root to explore the pressing question on many investors’ minds: Are Bitcoin’s historic four-year cycles still intact, or is … Read more
