Crypto News

A new Trump-run fintech brand may invest in Bitcoin, the announcement said.Source link

Trump Media is launching Truth.Fi with up to $250 million for investments in bitcoin, other cryptocurrencies, crypto-related securities, ETFs, and industries supporting U.S. economic growth. Trump Media Launches Truth.Fi, Investing in Bitcoin, Crypto, and ETFs Trump Media and Technology Group Corp. (Nasdaq: DJT), operator of the social media platform Truth Social and the video streamingSource link

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).To say that MicroStrategy (MSTR) has been at the lead of creatively raising capital with which to buy massive amounts of bitcoin (BTC) would be an understatement. Led by Executive Chairman Michael Saylor, the company this week opened a new front along those lines with its perpetual preferred stock offering (STRK).Preferred stock sits between equity and debt on the corporate balance sheet, offering investors the regular return of bonds while giving them an ownership stake in a company. Well-followed MicroStrategy analyst Ben Werkman, posted on X about the attraction preferred stock can offer institutional investors due to its lack of maturity risk, stable yield and optional equity upside."I could...

Nine months ago, the team raised $700,000 and promised to put the Dogwifhat logo on the Sphere. The WIF community is still waiting.Source link

Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy Economy As detailed in a report by the West Kentucky Star, Doug Handley, an executive at Paducah Power,Source link