Mining Pool Foundry Fires 60% of its Workforce
Bitcoin mining pool Foundry has announced significant layoffs affecting 60% of its workforce.
MicroStrategy Increases its BTC Reserves
MicroStrategy acquired approximately 55,500 more Bitcoins for around $5.4 billion between November 18-24, representing a 17% increase in its overall Bitcoin holdings.
Bitcoin ETF Options Bring in $2B on First Day
The first spot Bitcoin ETF, BlackRock’s iShares Bitcoin Trust (IBIT), made its debut with $1.9 billion in notional exposure on Tuesday.
MicroStrategy Will Hold a $1.75 Billion Convertible Notes Offering to Buy More BTC
MicroStrategy has announced its plans to issue $1.75 billion in convertible senior notes due 2029 (referred to as “notes”) in a private offering to qualified institutional buyers and certain non-US persons.
CFTC Clears Path for Spot Bitcoin ETF Options
The Commodity Futures Trading Commission (CFTC) has announced it will no longer oversee spot Bitcoin ETF options clearing process.
Mt. Gox Moves $2B in Bitcoin
On November 10, the now-defunct exchange Mt. Gox made a significant transfer of over $2 billion to two different addresses.
MicroStrategy Acquires $2 Billion in Bitcoins
MicroStrategy Inc. has purchased approximately 27,200 Bitcoin for a total of $2.03 billion. This marks the company’s largest purchase of the digital currency since its initial acquisitions over four years ago.
