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NewsBriefs - Strategy plans $2 billion convertible note offering for Bitcoin acquisitions

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  • The Block

    Strategy plans $2 billion convertible note offering for Bitcoin acquisitions

    Strategy, formerly MicroStrategy, declared its intention to offer $2 billion in convertible senior notes at 0% interest to fund bitcoin purchases and other corporate needs. The notes, maturing in 2030, may convert into cash or stock options, also allowing for an additional $300 million purchase option for initial buyers. This announcement follows Strategy's profitability warning and acknowledgment of $1.79 billion in impairment losses from its bitcoin holdings in 2024.

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      AR.IO launches mainnet and token generation event, aiming to revolutionize permanent cloud storage

      AR.IO, an Arweave-based network, launched its mainnet and token generation event, introducing a 'permanent cloud' storage model. The network offers immutable and provable data storage without recurring fees, positioning itself as a competitor to traditional cloud services like Google Cloud and Amazon Web Services. The ARIO token, with a total supply of 1 billion, will facilitate transactions and enable ownership of decentralized domains on the network.

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      The Block

    • PR Newswire

      KuCoin EU seeks MiCAR license in Austria for compliant crypto operations

      KuCoin EU Exchange GmbH is applying for a MiCAR license in Austria, aiming to operate as a fully regulated crypto-asset service provider in the EEA. By securing this license, KuCoin EU plans to leverage KuCoin's technology, enhancing its offerings of secure and innovative crypto products and services across the 30 EEA member countries. The headquarters will be established in Vienna, identified as a strategic hub for its regulatory environment and talent pool. Both the CEO, Oliver Stauber, and COO, Christian Niedermueller, bring significant expertise to ensure compliance and operational success in the region.

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      PR Newswire

    • Hand-Picked

      Assetera launches tokenized US Treasury products in Europe with Ondo Finance

      Assetera, an EU-regulated blockchain-based trading facility, has partnered with Ondo Finance to list institutional-grade tokenized US Treasuries. This collaboration makes it possible for European retail and institutional investors to access US government-backed securities via a compliant platform. The securities, supported natively on the Polygon network, facilitate atomic settlements, reducing counterparty risk and enabling efficient trade execution. Assetera's platform, integrating innovative trading tools and minute-by-minute pricing, aims to enhance liquidity and transparency in the digital assets market.

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    • Cointelegraph

      SEC drops appeal in legal battle over crypto broker-dealer rule

      The Securities and Exchange Commission (SEC) has withdrawn its appeal against a Texas court decision that blocked a broker-dealer rule expansion, which would have required crypto liquidity providers and automated market makers with over $50 million in capital to register as dealers. This move, proposed under former SEC Chair Gary Gensler, would have subjected decentralized crypto protocols to stringent regulations, including Know Your Customer and Anti-Money Laundering rules, deemed unenforceable by crypto advocacy groups due to the decentralized nature of these protocols. The dismissal marks an end to the legal contention initiated by crypto entities in response to what they viewed as regulatory overreach.

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      Cointelegraph

    • ClustroAI

      ClustroAI raises $12M in Series A funding to expand decentralized edge AI technology

      ClustroAI, an AI infrastructure startup backed by NVIDIA, closed a $12M Series A funding round led by Forum Ventures, raising the company's total funding to $15M. This round will finance the advancement of decentralized AI technologies, enabling enterprises to operate AI directly on local and edge devices, thus reducing cloud dependency and enhancing data privacy and cost efficiency. This investment also supports the scaling of ClustroAI's innovative edge AI solutions, which includes distributed AI compute architecture and improvements to AI operations and hardware compatibility.

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      ClustroAI

    • Coinbase

      Coinbase expands crypto derivatives with CFTC-regulated Solana and Hedera futures

      Coinbase is advancing the maturation of the US crypto derivatives market, focusing on institutional and retail traders globally. It offers CFTC-regulated futures contracts for Solana and Hedera through Coinbase Derivatives, LLC, and is expanding futures trading access to institutions via Coinbase Financial Markets, Inc. Additionally, Coinbase International Exchange, LLC introduces EURC perpetual futures, enhancing crypto-native FX trading with leverage. These initiatives significantly contribute to the strategic exposure and risk management tools available in the crypto sector.

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      Coinbase

    • The Block

      Strategy plans $2 billion convertible note offering for Bitcoin acquisitions

      Strategy, formerly MicroStrategy, declared its intention to offer $2 billion in convertible senior notes at 0% interest to fund bitcoin purchases and other corporate needs. The notes, maturing in 2030, may convert into cash or stock options, also allowing for an additional $300 million purchase option for initial buyers. This announcement follows Strategy's profitability warning and acknowledgment of $1.79 billion in impairment losses from its bitcoin holdings in 2024.

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      The Block

    • PR Newswire

      Tether proposes to acquire 51% of Adecoagro to increase stake to majority

      Tether Investments has proposed to acquire a 51% controlling stake in Adecoagro S.A., a South American sustainable production company. The offer of $12.41 per Common Share was made on February 14, 2025, aiming to increase Tether's stake from 19.4% to 51%. Adecoagro's Board is currently reviewing the proposal with assistance from legal and financial advisors to determine its suitability for shareholders.

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      PR Newswire

    • Hyper Foundation

      HyperEVM goes live, enhancing Hyperliquid's financial system with programmability

      HyperEVM is now live, marking a significant development for Hyperliquid by introducing full programmability with the initial release on its mainnet. Key features include the integration of HyperEVM blocks within L1, supporting secure transactions through HyperBFT consensus, enabling spot transfers between native and HyperEVM HYPE tokens, and deploying a canonical WHYPE system contract for DeFi applications. The launch is complemented by a mainnet-level bug bounty program and infrastructure enhancements like a dedicated JSON-RPC server. This upgrade aims to bolster Hyperliquid's onchain financial system without impacting the existing L1 user experience.

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    • The Block

      Meteora co-founder Ben Chow resigns amid Libra fallout

      Ben Chow, co-founder of Meteora, has resigned following controversies related to the Libra memecoin, which experienced rapid valuation fluctuations. Chow's resignation comes despite assertions of non-involvement with insider activities related to Libra and other tokens. Meteora is now seeking new leadership as it navigates the aftermath of the scandal.

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    • Hand-Picked

      Standard Chartered, Animoca Brands, and HKT to establish joint venture for HKD-backed stablecoin

      Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT are creating a joint venture to issue a Hong Kong dollar-backed stablecoin. They plan to apply for a license under Hong Kong's new regulatory framework, leveraging SCBHK's banking infrastructure, Animoca's Web3 expertise, and HKT's mobile wallet technology. This initiative aims to support Hong Kong's digital asset market and explore stablecoin applications in both domestic and international payments.

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    • World

      World ID launches in the Philippines to enhance online verification and combat misinformation

      World ID is now operational in the Philippines, offering Filipinos secure and anonymous online verification to combat bots, misinformation, and deep fakes. This initiative is part of the global World Network and aims to enhance Filipinos' ability to prove their humanness online, supporting the management of AI agents and ensuring more secure online interactions. The launch targets the digitally engaged population and will soon be available nationwide.

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      World

    • Cointelegraph

      PlanB moves Bitcoin holdings to spot ETFs for simpler management

      Bitcoin analyst PlanB has transitioned his Bitcoin assets into spot Bitcoin exchange-traded funds (ETFs) to handle them like traditional investments without the complexities of self-custody. This shift signifies a move away from the typical self-custodial practice embraced by Bitcoin enthusiasts, citing ease of management and security from potential threats like hackers as primary reasons for the change. This decision generated mixed reactions among his followers and broader implications for the perception and management of Bitcoin investments.

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      Cointelegraph

    • Reuters

      Argentina's opposition considers impeachment of President Milei after endorsing failed crypto token $LIBRA

      Argentine President Javier Milei could face an impeachment trial after promoting a crypto token, $LIBRA, which dramatically crashed shortly after his endorsement. Milei publicized the token on social media platform X, causing its value to initially surge to nearly $5, only to plummet below $1 within hours. The incident led to accusations of a possible 'rug pull,' a scam where token creators abandon the project after profiting from investment surges. Milei has denied any affiliation with the crypto project and retracted his support upon learning more about the situation. Opposition lawmakers, led by Leandro Santoro, are pushing for impeachment citing international embarrassment caused by the scandal.

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      Reuters

    • Pump.fun

      Pump.fun releases mobile app, excludes UK users

      Pump.fun has launched a new mobile app that allows users to trade memecoins on the Solana blockchain. The app, available on iOS and Android, enables users to create coins at no cost, conduct fast transactions, and manage portfolios and watchlists. However, the app is not accessible to users in the UK.

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      Pump.fun