Bitcoin DeFi project Elastos closes $20M investment round
At more than $100,000 per coin, Bitcoin is increasingly seen as a financial asset that can unlock new wealth opportunities for holders. Source link
Neptune shares rise 40% after securing $20m credit line to buy more Bitcoin
Shares of Canadian crypto provider Neptune surged 40% after it secured a $20 million credit facility from Sygnum Bank to buy Bitcoin. Neptune Digital Assets Corp., a public Canadian infrastructure provider, saw its shares climb 40% on over-the-counter markets after locking in a $20 million credit line from Sygnum Bank, the Swiss digital asset-focused lender. […]
Rumble starts buying Bitcoin as part of $20m BTC strategy
Rumble, a Tether-backed and Nasdaq-listed video-sharing platform, has made its first-ever purchase of Bitcoin. The announcement came from CEO Chris Pavlovski, who confirmed that the acquisition occurred on Friday, January 17. While the exact amount of Bitcoin (BTC) purchased was not disclosed, Pavlovski emphasized that this marks the beginning of Rumble’s long-term strategy to strengthen […]
Gate Ventures invests $20m in BNB Incubation Alliance
Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance. The alliance is a collaborative initiative by Binance Labs and BNB (BNB) Chain, is designed to support blockchain and Web3 startups with funding, mentorship, and technical assistance, according to a Gate.io release. The BNB Incubation Alliance aims to […]
World Liberty Financial raises $30m, Partior takes home $20m
The final week of November 2024 has seen a shift toward DeFi and financial services in the crypto funding scene, with World Liberty Financial securing a $30 million investment. The week has enjoyed cumulative investments exceeding $90 million. This is visibly less in comparison to last week’s $125 million and the previous week’s $120 million. […]
Rumble to spend up to $20M on Bitcoin in new treasury strategy
Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet after its CEO teased the idea on social media on Nov. 19. Source link
