MicroStrategy announced an increase in its preferred stock offering from $250M to $584M, issuing 7.3M shares at $80 each. The raised capital is expected to fund corporate strategies and potential Bitcoin acquisitions, reinforcing the company’s position in the digital asset sector.
The post MicroStrategy Raises Preferred Stock Offering from $250M to $584M appeared first on Cryptonews. …
Archives
Billie Eilish and Lady Gaga play LA FireAid show
The concert, which also featured Dr Dre and Pink, took place to help raise funds to rebuild the LA area.
German immigration bill rejected despite far-right backing
MPs vote against a law proposed by the main conservative opposition and supported by Alternative for Germany (AfD).
Ex-Trafigura boss convicted of bribery in landmark case
The commodities giant went on trial in Switzerland over attempts to gain access to Angola’s oil market.
US SEC Approves NYSE Arca’s Proposal to List Bitwise Joint Bitcoin and Ether ETF
The SEC’s “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid Bitwise’s fund that holds spot Bitcoin, Ethereum, offering dual crypto exposure.
The post US SEC Approves NYSE Arca’s Proposal to List Bitwise Joint Bitcoin and Ether ETF appeared first on Cryptonews. …
Pump.Fun Slapped With Second Lawsuit Accusing of Violating US Securities Laws
Pump.fun allegedly sold unregistered securities disguised as meme tokens and attracted nearly $500 million in fees.
The post Pump.Fun Slapped With Second Lawsuit Accusing of Violating US Securities Laws appeared first on Cryptonews. …
Seven UK Gang Members Jailed for Kidnapping and Torturing Crypto Investor
Seven members of a UK gang have been sentenced to lengthy prison terms for kidnapping, torturing, and extorting a cryptocurrency investor.
The post Seven UK Gang Members Jailed for Kidnapping and Torturing Crypto Investor appeared first on Cryptonews. …
Elon Musk’s Father Joins Meme Coin Craze with “Musk It,” Plans $200M Raise
Errol Musk, father of billionaire entrepreneur Elon Musk, has become the latest figure to jump into the meme coin frenzy.
The post Elon Musk’s Father Joins Meme Coin Craze with “Musk It,” Plans $200M Raise appeared first on Cryptonews. …
Ros Atkins on… what may have caused Washington DC plane crash
The BBC’s Analysis Editor Ros Atkins on the unanswered questions around a fatal crash between a commercial airplane and a military helicopter near Washington DC.
Families mourn loved ones who died in Kumbh Mela crush
At least 30 people died and several were injured in a crush at the religious festival in India this week.