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 …
Financing
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Markets
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
by shayaanby shayaanCryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure. www.coindesk.com
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Web3
Post Oak Group Weighs In on Private Credit’s Expanding Role in Middle-Market Financing
by shayaanby shayaanPost Oak G oup, ecog ized as the top middle-ma ket i vestme t ba k i Texas, weighs i o what …
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Scams
BitGo Buys NYDIG’s Institutional Trading Arm to Beef Up Derivatives and Financing
by shayaanby shayaanIn brief BitGo acquired NYDIG’s institutional trading business in a two-step merger worth about $42.5 million. The deal adds derivatives, structured products, …
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Japanese $BTC treasury company Metaplanet has disclosed a deal that will put a man Bloomberg describes as “Tokyo’s King of Death Spiral …
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Finance
Dow Protocol raises $10.5M seed round for blockchain financing e-commerce
by shayaanby shayaanE-commerce sellers often wait weeks to see cash from sales they have already made. Dow Protocol wants to close that gap with …
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Markets
Metaplanet Unit Secures ¥9.66B Financing As Bitcoin Treasury Plan Expands
by shayaanby shayaanMetaplanet Unit Secures ¥9.66B Financing As Bitcoin Treasury Plan Expands Metaplanet’s Bitcoin strategy is expanding again, this time through a financing agreement …
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Finance
Preferred Stock Is Becoming Bitcoin Treasury Firms’ Financing Tool of Choice: Report
by shayaanby shayaanA new class of Wall Street securities has grown from an experiment into a multibillion-dollar market in under two years, and a …
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Markets
Crypto's next frontier isn't crypto, it's financing AI and robotics, Framework's Anderson says
by shayaanby shayaanBlockchain is becoming the financial layer for capital-intensive industries rather than just crypto-native speculation, Michael Anderson, the crypto venture firm’s cofounder, said. …
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Scams
US Treasury Sanctions Iranian Crypto Exchanges Including Nobitex for Terrorist Financing
by shayaanby shayaanIn brief The U.S. Treasury Department’s Office of Foreign Assets Control designated four Iranian cryptocurrency exchanges for sanctions violations. Nobitex, Iran’s largest …