Bitdeer to offer $330M convertible notes to expand operations
Bitdeer Technologies Group offers $330M in senior convertible notes to fund data center expansion and ASIC mining rig development, following a $150M raise in August 2024.
Trump’s Tariffs Just Reshaped Bitcoin’s Backbone – Mining Bitcoin News
Three major Chinese Bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating production to the U.S. to avoid tariffs on Chinese imports, reshaping the mining industry.
Deribit, Crypto.com integrate BlackRock’s BUIDL as trading collateral
Deribit and Crypto.com now accept BlackRock’s BUIDL tokenized US Treasury fund as trading collateral, offering institutional clients yield-bearing, low-volatility collateral options.
Healthcare company onboards Trump crypto adviser, buys $20M BTC
Healthcare firm Prenetics hires Trump’s crypto adviser, buys $20M in Bitcoin, aiming to become a top corporate BTC holder in healthcare. Shares rose 8.7% post-announcement.
Circle’s USDC and BlackRock’s BUIDL spearhead collateral innovation in derivatives markets
Crypto platforms are adopting USDC and BlackRock’s BUIDL as collateral in derivatives markets, enhancing efficiency and yield for institutional traders, with regulatory approvals underway.
Food fraud costs $50B yearly — Can blockchain stop it?
Blockchain technology shows promise in combating the $50B annual food fraud industry but faces challenges like cost, scalability, and adoption before widespread implementation.
Publicly Traded Solana Treasury Firm Is ‘Showing What’s Next’ for Strategy’s Bitcoin Model – Decrypt
DeFi Development Corp., a publicly traded Solana treasury firm, is embedding itself in the Solana ecosystem to maximize SOL holdings without relying on capital markets, differentiating from Bitcoin-focused models like MicroStrategy.
Bitcoin Bet: Healthcare Firm Prenetics Invests $20M After Market Cap Drops 94% – Bitcoin News
Prenetics Global Limited, a Nasdaq-listed health sciences firm, has invested $20M in Bitcoin despite a 94% stock decline since its 2022 debut, purchasing 187.42 BTC via Kraken.
K33 Announces Plans To Purchase Up To 1,000 Bitcoin
K33 AB announces a SEK 85 million share issue to fund the purchase of up to 1,000 Bitcoin, aiming to strengthen its balance sheet and expand its brokerage operations.
Much Ado About Something? JPMorgan Launches USD Deposit Token – Not Stablecoin
JPMorgan launches JPMD, a deposit token on Base blockchain, not a stablecoin. It enables 24/7 institutional deposits, blending banking with blockchain, marking progress in crypto integration.
