First leveraged MicroStrategy ETF Debuts in US
The ETF might provide more leveraged exposure to Bitcoin, particularly for institutional investors trying to diversify their holdings. The first Bitcoin-related leveraged exchange-traded fund (ETF) has launched in the United States, marking a significant milestone in institutional cryptocurrency adoption. The new leveraged MicroStrategy ETF, MSTX, aims to provide 175% long daily exposure to MicroStrategy. Sylvia […]
Marathon Acquires 4,144 Bitcoins with $300M Offering
Marathon digital acquisition followed a successful $300 million convertible note offering, which was oversubscribed. Using a total of $249 million in cash, the Bitcoin miner Marathon Digital (NASDAQ: MARA) has disclosed that it has acquired a total of 4,144 bitcoins. After the convertible notes were oversubscribed earlier this week, the purchase of Bitcoin took place […]
Mt. Gox Transfers 33K BTC in Latest Repayments
This follows Mt. Gox’s previous transfer of $2 billion in Bitcoin to BitGo as part of creditor payments. Yesterday, the Mt. Gox wallet was responsible for the transfer of an astounding $2 billion worth of Bitcoins. Today, the cryptocurrency exchange OKX witnessed a transaction that was quite similar to the one earlier today. Mt.Gox Moves […]
Bitcoin Mining Pool CEO to Lead SpaceX’s First Polar Spaceflight
Wang was announced as the commander of SpaceX‘s Fram2 mission, the first polar spaceflight. The historic 1911 Norwegian expedition to the South Pole served as inspiration for the mission, which has a diverse crew. Wang’s appointment as the Fram2 mission ‘s “commander” was disclosed yesterday, marking an unprecedented milestone. SpaceX’s mission details suggest that the […]
Metaplanet Buys Bitcoin Worth 500M Yen
Despite Metaplanet latest acquisition, Metaplanet still has 500m yen left for further Bitcoin investments. The publicly traded Japanese investment business Metaplanet announced on Tuesday that it had increased its Bitcoin holdings by 57 transactions as a result of its latest purchase. A few days before this move, the corporation made an announcement regarding a loan […]