The Smarter Web Company has sold part of its Bitcoin treasury to repay an $11.7 million convertible debt facility held by TOBAM, …
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Tag:
Repay
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Markets
Bitcoin treasury companies sell up, repay debt, pivot to AI as share prices collapse
by shayaanby shayaanFalling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations. www.coindesk.com
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Markets
U.S. Public Firm K Wave Media Liquidates Entire 88 BTC Portfolio to Repay Debt
by shayaanby shayaanThe headline number is useful, but the real story is what it says about positioning. U.S. Public Firm K Wave Media Liquidates …
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Regulation
Ex-Takeout Driver Ordered to Repay $3.8 Million After Bitcoin Money Laundering Conviction
by shayaanby shayaanJian Wen, a former U.K. takeaway worker convicted of money laundering Bitcoin, must pay over $3.78 million (£3.1 million) or risk serving …
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Siqi Chen, the father that inspired the MIRA token, has apologized to the crypto community for creating a test token called ZERO …
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Finance
What happens if MicroStrategy can’t sell enough bitcoin to repay lenders?
by shayaanby shayaanDespite widespread acknowledgment that MicroStrategy has issued a tremendous amount of debt to acquire most of its bitcoin, some star-struck novices believe …