Tag Archives: Bitcoin News

Metaplanet raises 9.5 billion yen to accelerate Bitcoin reserves. This acquisition positions Metaplanet as a key player in the digital asset market. Japanese investment firm Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) this week through two bond issuances. With these funds, the company intends to accelerate its Bitcoin purchases. Metaplanet will issue a 5 billion yen ($31.9 million) bond. It comes after the 4.5 billion yen ($28.7 million) bond issue earlier in the week. Both...

Hut 8 acquires 990 Bitcoin for $100 million. Now, it has reached $1 billion in holdings. The strategic reserve supports capital growth plans. Hut 8, one of North America’s largest Bitcoin miners, has announced the purchase of 990 Bitcoin for $100 million. The acquisition brings the company’s endemic Bitcoin holdings to 10,096, at once worth in trim exceeding $1 billion as of December 18, 2024. This news was shared on the Hut 8 official X account. The price of the newly acquired Bitcoin is an...

MARA Holdings acquires 15,574 BTC for $1.53 billion and plans further Bitcoin purchases, boosting its position in crypto market. MARA Holdings has made significant moves to expand its Bitcoin holdings, acquiring 15,574 BTC for approximately $1.53 billion. At that time, Bitcoin was priced at around $98,529 per BTC. The news was shared through the company’s MARA X account. Aside from this acquisition, MARA also repurchased about $263 million of its existing convertible notes due 2026. According...

El Salvador adjusts Bitcoin policies under IMF loan deal, reducing government involvement and merchant requirements, boosting financial stability. El Salvador is making significant changes to its Bitcoin strategy as part of a $1.4 billion loan deal with the International Monetary Fund (IMF). The Central American country will receive the loan over the next 40 months. In return, El Salvador has agreed to adjust its Bitcoin policies. As pointed out by the IMF, these changes are intended to help...

Metaplanet raises 4.5 billion yen to expand Bitcoin holdings, boosting stock prices and strengthening its position in the crypto market. In a major development, Metaplanet, often referred to as Japan’s MicroStrategy, raised 4.5 billion Japanese Yen through the issuance of ordinary bonds on December 17. These bonds, which carry no interest, were sold to EVO FUND. The bonds have a maturity date set for June 16, 2025. The money received will go towards purchasing more bitcoins for the company to...

MicroStrategy increases Bitcoin holdings with a $1.5B purchase, bringing total to 439,000 BTC, reinforcing its dominant position. MicroStrategy has made another major Bitcoin acquisition. The company purchased 15,350 BTC for $1.5 billion on 16 December. This marks the first time MicroStrategy has bought Bitcoin above $100,000 per coin. The average price paid for a Bitcoin was $100,386. MicroStrategy now owns 439,000 BTC after this latest buy. The total value of its holdings is about $27.1...

Bitget receives Bitcoin Service Provider license in El Salvador, expanding its services and regional growth in Latin America and Europe. Bitget, a leading cryptocurrency exchange, has received major approval in El Salvador. The Central Reserve Bank granted the platform a Bitcoin Service Provider (BSP) license. This license enables Bitget to conduct activities like exchanging Bitcoin for fiat currencies and providing payment services and custody services. According to the blog post, this step...

Riot Platforms boosts its Bitcoin holdings by purchasing 5,117 BTC for $510 million, reflecting growing institutional confidence in Bitcoin. Bitcoin mining company Riot Platforms has made a major acquisition, purchasing 5,117 bitcoins between December 10 and December 12, 2024. The average price of the Bitcoins was $99,669, which led to the total cost of the purchase of about $510 million. Therefore, the overall number of bitcoins Riot has accumulated has risen to 16,728 as of December 12,...

NuDEX’s testnet competition allows the chance to win $5,000. The platform’s new technology makes trading faster and keeps it private. On 10th December, Bitcoin was falling back to around $94,000 after briefly going above $100,000. The world is seeing the wild changes in the crypto markets. Though most are of the view that it is just a slight hiatus before the subsequent surge of Bitcoin, some argue that it is the right time. They actually feel good about the market. For instance, in 2025,...

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