Four American companies raise USD 884 million for Bitcoin, Hype buys

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At least four public American companies announced on Tuesday that they would raise their cryptocurrency investments with a total of $ 844 million, adding to the number of corporations looking for Bitcoin growth and other cryptocurrencies.

The biggest raise on Tuesday came from the seller of thermal meals and eaten in Hong Kong DDC Enterprise Ltd, who he said that it has concluded three purchase contracts with a total value of $ 528 million, all of which will be used to extend Bitcoin shares (BTC).

The raise came almost completely from a replacement note worth $ 300 million, a loan of $ 200 million and capital investments worth $ 26 million. Anson Funds based in Dallas was the largest investor, and the Venture Capital Marek Animoca arm also contributed.

DDC set off on the mission of having the “most valuable treasure of the Bitcoin treasury” and purchased the first batch of 21 Bitcoins on May 23 in exchange for almost USD 2,28 million in a contract worth USD 2.28 million.

DDC said that he plans to buy 5000 Bitcoins in the next three years – a goal that he can achieve with a secured $ 528 million based on current prices.

Bitcoin Fold collects $ 250 million on BTC Buys

Fold Holdings Inc, the first publicly recorded company financial services Bitcoin, he said On Tuesday, this secured a capital purchase worth $ 250 million, and net revenues “above all intended” for financing additional Bitcoin purchases.

Source: Folbitcoin

The agreement allows the fold to spend and sell up to USD 250 million in newly broadcast shares to finance Bitcoin purchases at your own discretion – subject to the registration declaration in order to resale shares receiving the consent of the Securities and Stock Exchange Commission.

After approval, the shares will be sold through a private place based on exemptions from the rules of registration of SEC. In a private place, the company is collecting funds, selling securities to private investors instead of via the public market offer.

At current prices, USD 250 million can theoretically buy 2390 Bitcoins per fold. Assigning even half of this amount to take Bitcoin would significantly raise the current treasury fold from 1490 bitcoins.

Bitmine Caps $ 16 million Bitcoin buy after a raise in stock

Meanwhile, a company borrowed by bitcoin mining equipment bitmine immersion technologies he said He bought $ 16.3 million Bitcoins using revenues from the last campaign.

The company now has 154.16 Bitcoin, bought at an average purchase price of 106,033 USD.

Source: Bitmina immersion technologies

Bitmine said that the purchase is in line with the modern strategy to raise your bitcoins by combining independent extraction and raising capital, strengthening his involvement in accumulating as many bitcoins as possible.

Bitmine has already used funds from the offer from June 6 to the purchase of the first 100 Bitcoins on June 9.

Hype added as a treasury resource

Eyenovia, Biotechnology company listed on NASDAQ saying This posted a private place in the amount of $ 50 million to build a reserve for a hyperlian token (noise) and settled as “the first American public company building long -term strategic treasury” for this assets.

Hyperliquid is a decentralized exchange of derivative cryptography built on its own blockchain layer 1. It is powered by a noise token, which is involved in putting, rewarding lively traders with drops and management activities.

Related: The data show that the price of bitcoins stabilizes and rallies among regional conflicts

Eyenovia said that she had acquired over 1 million noise – worth $ 40.1 million at current prices – and counts tokens on the Anchorage Digital cryptographic platform.

A company that primarily develops digital visual exam technology will also change to “Hyperion Defi” under Hypd.

Eyenovia also called Hyunsu Jung as an investment director and a member of the board to direct the company’s cryptocurrency strategy.

“We think that hyperlly as one of the fastest growing, top-class blocks in the world,” said Jung.

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