Month: July 2025

Strategy Tops IPO Charts in 2025 With $2.52B Raise—More Bitcoin Bought

Strategy, a publicly traded company, has announced the successful closing of its initial public offering (IPO) of 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90 per share. The offering generated gross proceeds of approximately $2.52 billion, making...
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Anthony Scaramucci Thanks ‘Crypto Mom’ Hester Pierce For ‘Hard-Fought Contribution’ After SEC Approves In-Kind Redemption For Bitcoin, Ethereum ETFs

Anthony Scaramucci, the founder of SkyBridge Capital, thanked pro-cryptocurrency SEC Commissioner Hester Pierce for her role in getting the agency to approve in-kind creations and redemptions for cryptocurrency exchange-traded funds. What Happened: Scaramucci thanked Peirce, affectionately called “Crypto Mom,” for her “incredible hard-fought contribution” after the SEC permitted authorized...
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Bitmain to Open US Factory—Here’s Why the Bitcoin World Should Pay Attention

Bitmain, the global leader in the production of Bitcoin mining hardware known as application-specific integrated circuits (ASICs), is reportedly preparing to open its first manufacturing facility in the United States. The strategic move, first reported by Bloomberg, signals a notable shift for the mining hardware giant, aiming to enhance...
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MARA CEO Fred Thiel Says When ‘Lots Of Companies’ Start Buying Bitcoin, The Advantage Disappears: ‘Kudos To Saylor…But They Can’t All Be Successful’

Fred Thiel, CEO of MARA Holdings Inc. (NASDAQ:MARA), expressed reservations Tuesday about the future success of the Bitcoin (CRYPTO: BTC) treasury play popularized by Michael Saylor’s Strategy Inc. (NASDAQ:MSTR). What Happened: During the company’s second-quarter earnings call, Thiel praised Saylor and his team for pioneering the Bitcoin treasury strategy, but voiced...
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