Bitcoin

Cardano Founder Proposes Deploying $100M of ADA Treasury to Boost DeFi, Earn Yield, and Reinvest in ADA

Cardano founder Charles Hoskinson proposes a proactive strategy to create a self-sustaining funding loop using a portion of the ecosystem’s treasury funds. Hoskinson shared the proposal during a recent AMA session while responding to a user’s request for more stablecoin liquidity within the Cardano ecosystem. Converting $100M Worth of ADA to USDM Addressing the request, […]

Brazil’s Meliuz raises $32.4 million in share offering to buy bitcoin

Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights , opens new tab SAO PAULO, June 13 (Reuters) – Brazilian fintech Meliuz (CASH3.SA) , opens new tab raised 180.08 million reais ($32.39 million) in a follow-on share offering aimed at obtaining funds to purchase bitcoin, […]

Bitcoin Buyer Metaplanet Jumps on $5.4 Billion Fundraising Plan

(Bloomberg) — Metaplanet Inc.’s plan to raise about $5.4 billion to add to a Bitcoin stockpile that’s already worth close to $1 billion saw the company’s shares jump on Monday. Most Read from Bloomberg Metaplanet on Friday announced a stock acquisition rights program that it claimed is the largest in Japanese capital markets history, according […]

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