Firmus, a former Bitcoin mining company that has repositioned itself as an AI infrastructure provider, has secured $2 billion in new equity …
raises
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The company increased its USD reserve to $4.65 billion while reducing its bitcoin holdings to 840,447 BTC www.coindesk.com
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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
JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa
by shayaanby shayaanThe investment brings the company’s total raised to $106 million across seven funding rounds since November 2021. www.coindesk.com
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Scams
World Foundation Raises $52.5M to Scale Sam Altman’s ‘Proof of Human’ ID
by shayaanby shayaanIn brief The World Foundation, steward of Sam Altman’s World, raised $52.5 million in a token sale led by Pantera Capital to …
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Finance
Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal
by shayaanby shayaanInvestment bank Benchmark has raised its price target on Bitcoin miner Hut 8 following news that the company had signed a second …
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Finance
Bernstein raises Robinhood price target, cites tokenization and prediction markets
by shayaanby shayaanAnalysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase …
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Markets
Saylor's Strategy raises cash reserves to $3.2 billion, leaving bitcoin holdings unchanged
by shayaanby shayaanFor the second consecutive week, the firm kept bitcoin holdings steady, choosing to use the raised capital to boost cash for paying …
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Scams
Morning Minute: Paradigm Raises $1.2B Fund as Crypto’s Top VC Pushes Into AI
by shayaanby shayaanMorning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect …
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Smart Contracts
Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI
by shayaanby shayaanIn short Paradigm announced a fourth $1.2 billion fund focused on crypto, AI, robotics and other technology startups. The crypto VC firm …