Tag: sale

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BitMEX sale faltered as buyers balked at founder ownership and shrinking business

The company's deteriorating financial performance compounded these concerns. BitMEX continued to lose market share throughout the sale process as trading activity migrated to larger...

Crypto market maker B2C2 explored sale talks with multiple potential buyers

Crypto markets have struggled for much of the year as weaker trading volumes, concerns over the economy and fading risk appetite weighed on digital...

Institutional crypto trading platform LMAX explores strategic alternatives, including sale, IPO

Institutional crypto trading platform LMAX Group is working with Morgan Stanley (MS) and investment bank KBW, part of Stifel (SF), to evaluate strategic options,...

Revolut hits $115 billion valuation in employee share sale: WSJ

Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary share sale, lifting the company’s valuation by 53% in less than...

Strategy (MSTR) raises cash reserves to $3.2 billion without bitcoin (BTC) sale

Strategy (MSTR), the world’s largest corporate bitcoin BTC$65,268.76 holder, raised its cash reserve by roughly $225 million last week after selling common stock, bolstering...

Grayscale’s Pandl Says Strategy’s $3B Bitcoin Sale Could Restore Confidence

Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the...

Tom Lee’s Bitmine (BMNR) buys 76,881 ETH as preferred equity sale fuels expansion

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its purchase streak after raising fresh capital through a preferred stock sale.The firm acquired...

Strategy (MSTR) CEO Says Bitcoin Sale Was About Market ‘Inoculation,’ Not A Retreat

Strategy Inc. CEO Phong Le somewhat pushed back Tuesday against the wave of criticism that followed the company’s first Bitcoin sale since...

AI, tech IPOs, quantum, Strategy sale fears all converge, NYDIG says

Bitcoin BTC$61,817.15 dropping below $60,000 to a fresh cycle low has left investors searching for a culprit. According to Greg Cipolaro, global head of...

Bitcoin Slumps Toward $61,000 as Zcash Bug, ETF Outflows and Strategy Sale Deepen Crypto Rout

Bitcoin fell toward $61,000 on Friday, extending a weekly slide of about 16% and leaving it roughly 50% below its October 2025 record near...

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

Key takeaways:Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced BTC liquidations.A Bitcoin rally above $70,000 remains unlikely...

Bitcoin Price Plunges Below ‘Fire Sale’ Territory As Fear Index Reads 12 — Echoing The FTX Crash

Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a...