TeraWulf to raise $350M in convertible notes for share repurchase
TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets. Go to Source
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Microstrategy Acquires 7,420 Bitcoin, Firm Now Holds 252,220 BTC
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 252,220 bitcoin, purchased for roughly $9.9 billion at an average price of $39,266 per coin. The year-to-date bitcoin yield stands at 17.8 percent, … Read more
