Bitcoin-treasury firm Empery Digital bought 1,635 BTC for $102.2 million from July 1 via Aug. 6, leaving it with 1,279 BTC, in keeping with its latest quarterly filing. Of that whole, 954 BTC was restricted as collateral towards $35 million of debt. Subtracting the pledged stability from whole holdings leaves 325 BTC unrestricted, down from…
MARA Holdings sold 2,213 Bitcoin in the course of the second quarter, equal to 91.37% of the two,422 BTC it mined, earlier than including $600 million of latest borrowing secured by Bitcoin collateral to assist finance its deliberate acquisition of Long Ridge, a power-generation website it goals to develop for AI and high-performance computing. The…
PowerCompute will face its first month-to-month resolution on 307 pledged BTC on Sept. 2, when its $18.13 million mortgage from Arch Lending reaches the finish of its preliminary 30-day interval. The Bitcoin treasury and mining firm refinanced three present services into the collar mortgage at an preliminary 2% annual fee, avoiding a direct sale of…
Bitcoin mining machine producer Canaan has opened a brand new funding channel for share buybacks, permitting administration to promote half of its roughly $130 million digital asset treasury. That lever might assist per-share value, however pulling it could shrink the reserve accessible to a loss-making Bitcoin mining and {hardware} business. The Aug. 4 SEC-filed announcement…
Data-center and AI infrastructure firm, Bitzero Holdings, plans to use $22.375 million of its roughly $25 million non-public placement to repay secured-loan principal on or about Aug. 6. The principal alone would devour 89.5% of the headline proceeds, whereas the warrants issued with the financing might ultimately add 11.7 million shares. The firm closed the…
Sequans Communications decreased its Bitcoin treasury by 79.3% through the second quarter, leaving 314 BTC at June 30 because the cellular chipmaker used Bitcoin gross sales to assist eradicate convertible debt and bolster cash. Holdings fell from 1,514 BTC at March 31 to 314 BTC three months later, a discount of 1,200 BTC. Sequans valued…
GameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that may retire about one-third of its observe principal if it closes. The ensuing shareholder dilution will stay unknown till the corporate discloses the ultimate share depend. The firm’s Aug. 3, 2026 filing covers about $400 million of notes due…
Bank reserves fell $77.579 billion on a weekly-average foundation final week ending July 29. Days later, the US Treasury borrowing estimate for July by way of September rose by $68 billion. The overlap places Bitcoin’s liquidity setup underneath scrutiny. Several forces moved throughout the Fed’s stability sheet, blurring any direct line from Treasury money to…
Poolin Technology and a number of associates entered Chapter 11 on July 22 with two proposed asset gross sales, price a mixed $52 million, tied to its West Texas mining websites. Prospective purchaser Thor CALAP LLC can terminate both deal over unsatisfactory diligence by way of Aug. 9, 5 days earlier than the courtroom’s scheduled…
PowerCompute, a Bitcoin miner increasing into high-performance computing, disclosed that its US Digital subsidiary borrowed about $18.07 million from Arch Lending below two bridge notes signed July 27. The notes had a listed July 31 maturity, 4 days after signing, and permitted cost till 5 p.m. ET on Aug. 1. The proceeds have been meant…