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Strategy Drops $1.28 Billion on Bitcoin, Issues $377 Million in Preferred Shares

Strategy has invested $1.28 billion in Bitcoin, signaling a strong commitment to the cryptocurrency market. To support this investment, the company has issued $377 million in preferred shares. This move comes amid increasing interest in Bitcoin as a viable asset class. The funds raised from the preferred shares will likely be used to bolster their cryptocurrency strategy and enhance liquidity. Overall, this reflects a growing trend of institutional investment in digital assets.

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Josh Swihart's Zcash Open Development Lab raises $25 million in seed funding

Josh Swihart's Zcash Open Development Lab has successfully raised $25 million in seed funding to support the development of the Zcash cryptocurrency. The funding aims to enhance the privacy and scalability features of Zcash, fostering innovation within the ecosystem. The investment comes from a range of backers, including

Nigel Farage Backs Bitcoin Treasury Firm Chaired By Former Chancellor

Nigel Farage has expressed his support for a Bitcoin treasury firm that is chaired by former UK Chancellor of the Exchequer, Lord Philip Hammond. The firm, called "The Bitcoin Collective," aims to help businesses and individuals manage their Bitcoin assets more effectively. Farage believes that Bitcoin has the

Bitcoin rises to $69,000, stocks reverse big early losses, as crude oil sinks back below $100

Bitcoin has surged to $69,000, marking a significant increase in its value. This rise in cryptocurrency coincides with a reversal in the stock market, which recovered from substantial early losses. Additionally, crude oil prices have fallen back below $100 per barrel. The combination of these factors reflects shifting investor

Coinbase Debuts Crypto Futures for European Traders, Including Bitcoin and Ethereum

Coinbase has launched crypto futures trading for European customers, allowing them to trade Bitcoin and Ethereum futures. This move expands Coinbase's offerings in the European market, aiming to attract more institutional and retail traders. The futures contracts will be available in various sizes, catering to different trading strategies.

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Josh Swihart's Zcash Open Development Lab raises $25 million in seed funding

Nigel Farage Backs Bitcoin Treasury Firm Chaired By Former Chancellor

Bitcoin rises to $69,000, stocks reverse big early losses, as crude oil sinks back below $100

Coinbase Debuts Crypto Futures for European Traders, Including Bitcoin and Ethereum