US firms, at least four publicly trading, announced on Tuesday that they would increase their crypto investment by a total of $ 844 million, adding the number of corporations in search of promoting from bitcoin and other cryptocurrency.
On Tuesday, the biggest growth was from DDC Enterprise Limited, Heat-End-Eat in Hong Kong, who Said This entered into a total of three procurement agreements of $ 528 million, all of which would be used to expand the firm’s bitcoins (BTC) Holdings.
The increase occurred almost perfectly with $ 300 million convertible note, $ 200 million credit facility and $ 26 million equity investment. The Dallas-based investment firm Anson Fund was the biggest investor, while the enterprise capital branch Anemoka brand Also gave a big contribution.
DDC set and bought it on a mission for “world’s most valuable bitcoin Treasury” The first batch of 21 bitcoin On May 23, in exchange for about 255,000 shares in a $ 2.28 million deal.
The DDC said it plans to buy 5,000 bitcoins over the next three years – a target that can reach with a safe $ 528 million based on current prices.
Bitcoin firm increases $ 250 million for folded BTC boues
Fold Holdings Inc., first publicly trading bitcoin financial services firm, Said On Tuesday that it achieved $ 250 million equity procurement facility with pure income with “mainly intended” for additional bitcoin purchases.
Agreement allows bitcoin to release and sell up to $ 250 million in newly issued shares to buy at its discretion – subjected to registration details for resolutions of shares Securities and Exchange Commission.
If approved, shares will be sold through a private placement under exemption from SEC registration rules. In a private placement, the firms raise money by selling securities to private investors rather than offering a public market.
At current prices, you can buy 2,390 bitcoins for $ 250 million theoretically fold. Allocating half of that amount for bitcoin acquisition will greatly boost the current treasure of 1,490 bitcoin folds.
Buytine cap buy $ 16 million bitcoin stock after raising stock
Meanwhile, bitcoin mining equipment rental firms Bitmine immersion technologies Said It recently bought $ 16.3 million bitcoin using income from stock offers.
The firm now owns 154.16 bitcoins, which is purchased at an average purchase price of $ 106,033.
Bittimine stated that buying aligns with its new strategy to increase its bitcoin holdings through a mixture of self-mining and capital, strengthening its commitment to submit as much bitcoin as possible.
Bitmine already used some funds from 6 June, which was presenting to buy its first 100 bitcoin on 9 June,
Added as Hype Treasury Asset
Nasdaq- Listed Biotech firm Eyenovia also found in the action of buying crypto on Tuesday, Saying It created a private placement of $ 50 million to create a reserve for hyperlicid (hyp) tokens, and billing itself for the asset “publicly listed company building a long -term strategic treasury”.
Hyperlicid is a decentralized Crypto derivatives exchange Made on your own layer 1 blockchain. It is powered by hyp tokens, which is included in stacking, rewarding active traders with aircraft, and governance activities.
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Eyenovia stated that it would acquire more than 1 million publicity at current prices – more than $ 40.1 million – and would put tokens at stake on the Crypto platform of Encourage Digital.
The firm, which mainly develops digital eye examination technology, will also rebrand “Hyperian Defee” under the tick hype.
Eyenovia also nominated Hyunsu Jung as Chief Investment Officer and Board Member to lead the company’s crypto strategy.
“We see hyperlicids as one of the fastest growing, highest-regional blockchain in the world,” Jung said.
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