Tag: News

BitMine announces $18M public offering to buy Bitcoin

BitMine Immersion Technologies is raising $18 million through a public stock offering to expand its Bitcoin holdings. According to the company’s announcement in a June 4 press release, the offering includes 2.25 million shares priced at $8.00 each. BitMine has…...
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Circle Cashes In Big With $1.1B IPO Ahead of NYSE Debut

Circle, the company behind the USDC stablecoin, just pulled off one of the most talked-about IPOs of the year. Priced at $31 per share, Circle’s public debut wasn’t just solid, it blew past the expected range of $27 to $29, and the Circle IPO raised over $1.1 billion. The...
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JPMorgan Will Now Let Clients Borrow Against Bitcoin ETFs

JPMorgan is finally giving Bitcoin a bit more credit, literally. The banking giant has started allowing select clients to use spot Bitcoin ETFs as collateral for loans. The Bitcoin ETF loan program is designed for high-net-worth individuals and institutions looking for flexible credit solutions. A Conservative Embrace of Crypto...
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