Markets

Strategy Ups Raise for Bitcoin Purchases by $2 Billion

In brief Strategy is upsizing its STRC preferred stock offering to nearly $2.5 billion. STRC will offer a variable monthly dividend, starting at 9%. The firm intends to use the net proceeds from the sale to add to its $70 billion Bitcoin stash. Michael Saylor’s Bitcoin treasury firm Strategy is boosting its preferred stock offering…

Markets

Strategy Boosts Bitcoin Holdings With Latest $739.8 Million BTC Purchase

In brief Bitcoin treasury company Strategy spent nearly $740 million on bitcoin purchases. The Tysons Corner, Virginia-based company now holds 607,770 digital coins—worth over $72 billion. Bitcoin was recently trading just below $119,000. Strategy, the world’s largest corporate holder of Bitcoin, announced Monday that it bought 6,220 Bitcoin worth $739.8 million. The Nasdaq traded company now…

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Expanded margin pairs available for SUI, POL, CHZ and STRK!

We’re thrilled to announce that Kraken now supports new margin pairs for Sui (SUI), Polygon (POL), Chiliz (CHZ) and Starknet (STRK)! Here’s some more information about the tokens: Sui (SUI) is a scalable, low-latency smart contract platform powered by a permissionless set of validators. Sui allows transactions to be processed in parallel thanks to its…