Marathon Raises $1B for Bitcoin and Debt Management Strategy

Marathon raised $1 billion in convertible notes to increase Bitcoin holdings and reduce debt burdens.The company diversifies into AI and computing to address rising Bitcoin mining challenges and improve long-term prospects. Marathon Digital Holdings has bagged $1 billion through the issuance of zero-coupon convertible notes. This calculated financing technique not only reflects the company’s faith...

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MicroStrategy Faces Criticism for Its Bitcoin Investment Strategy

Citron Research disclosed a short position against MicroStrategy, questioning its shift to a Bitcoin-focused strategy.MicroStrategy plans to raise $1.75 billion through convertible notes for BTC expansion and corporate growth. MicroStrategy’s shares have fallen sharply following a statement by Citron Research, which announced a short position in the firm, according to Bloomberg Crypto. Under the direction...

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MUMUEX: Bitcoin Surpasses $90,000, Ushering in a New Era for Digital Assets

In November 2024, the Bitcoin price surged past $90,000, setting a new all-time high. This breakthrough not only shook global financial markets but also marked a significant step for Bitcoin towards mainstream financial systems. From policy support by U.S. President Trump to the active entry of institutional investors, various factors have driven this peak moment...

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Is Solana a Good Buy Now or Are You Too Late?

Solana’s ecosystem thrives with record-breaking network activity, driven by memecoin trading and platforms like Raydium and Jito.Technical indicators show Solana has momentum for further growth, with its ecosystem drawing attention across the crypto space. Solana has taken the spotlight in this market cycle, attracting widespread attention as a hub for memecoin trade and thriving ecosystem...

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Solana Hits $318B in Volume: Is Bot-Driven Growth a Risk for SOL?

Glassnode noted that much of the increased activity appeared to be driven by bots, raising questions about the authenticity of Solana’s growth.Solana’s price remains strong, holding around $240, with traders predicting further gains. The Solana on-chain activity has skyrocketed to new highs as the SOL price continues to hold around $240 levels. Market intelligence firm...

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