Financing

The valuation revision came amid a steep decline in IREN shares. On Thursday, the stock touched a new 52-week low of $26.60 …

The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing. www.coindesk.com

IREN, which has expanded from Bitcoin mining into AI infrastructure, illustrates the differences in financing costs. The company secured a $3.65 billion …

The crypto company’s $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily …

TL;DR CleanSpark has completed the closing of $2.276 billion in senior secured notes. The Bitcoin miner says proceeds will support data-center expansion …

Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure. www.coindesk.com

In brief BitGo acquired NYDIG’s institutional trading business in a two-step merger worth about $42.5 million. The deal adds derivatives, structured products, …

Japanese $BTC treasury company Metaplanet has disclosed a deal that will put a man Bloomberg describes as “Tokyo’s King of Death Spiral …

E-commerce sellers often wait weeks to see cash from sales they have already made. Dow Protocol wants to close that gap with …