TeraWulf to Issue $350M in Notes for Share repurchase
TeraWulf, specialists in zero-carbon energy solutions for Bitcoin mining, has announced a private offering of $350 million in convertible senior notes due 2030. Despite the volatile cryptocurrency markets, TeraWulf ‘s emphasis on raising capital through institutional purchasers indicates that it is confident in its future.On October 23, the United States-based company announced its intention to […]
Donald Trump Win Could Drive Bitcoin to $92K, Says Bitwise Exec
Bitwise’s head of alpha strategies, Jeff Park, predicts Bitcoin could surge to $92,000 if Donald Trump wins the U.S. presidency. How Donald Trump Win Could Drive Bitcoin to $92K The head of alpha strategies at crypto asset company Bitwise thinks that Bitcoin could rise as high as $92,000 if Donald Trump wins the presidential election […]
Michael Saylor Tackles Bitcoin Self-Custody Backlash
Michael Saylor has historically supported self-custody but stirred controversy by suggesting that large banks could benefit Bitcoin custody. Michael Saylor, the Chairman of MicroStrategy, an American company that specializes in business analytics and software, has found himself under criticism for statements he made earlier regarding Bitcoin. Discussions about the various options for self-custody of the […]
UK Crypto Rules Unclear for Firms Avoiding MiCA Regulation
While some industry execs anticipate MiCA will cause a shift from the EU to the UK, others are concerned about the UK’s unclear crypto regulations. According to industry experts, cryptocurrency regulation in the United Kingdom remains too uncertain to serve as a strong alternative for companies looking to escape Europe’s upcoming Markets in Crypto-Assets Regulation […]
Vitalik Buterin Criticizes Michael Saylor’s Pro-Bank Bitcoin Custody Plan
Vitalik Buterin, co-founder of Ethereum, has spoken out against MicroStrategy chairman Michael Saylor’s recent statements in favor of Bitcoin being held by institutions. People in the Bitcoin community are surprised by Michael Saylor’s plan to have “too big to fail” banks and other large financial institutions handle Bitcoin security. Buterin and others said this method […]