KryptoKite

Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses

The Block2h agoUpdated 2h ago
Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses
Smart Read

The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expanding staking operations....

Coins in this story

ETH
Ethereum
ETH
₹1,811.36
-1.47%
ViewTrade ETH
Trade ETHRead original on The Block

Related stories

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
CoinDesk2h ago60-word brief

Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts....

BTCETHAI Agents
Read full story
Source
Trade BTC
Bitcoin tanks below $63,000 for the first time since February as price selloff deepens
CoinDesk3h ago60-word brief

Bitcoin tanks below $63,000 for the first time since February as price selloff deepens

The selloff has triggered demand for protective options plays, pushing the fear gauge higher....

BTCETHAI Agents
Read full story
Source
Trade BTC
Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report
CoinTelegraph6h ago60-word brief

Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report

After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country's tax office only saw 58 filers took advantage of the procedure....

BTCETHRegulation
Read full story
Source
Trade BTC
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.