Bobby Halpern, principal of Toronto-based Halpern & Co., acquired Bitbuy toward the beginning of 2018, when the exchange had about 500 customers and bitcoin prices were crashing. The company now has over 375,000 Canadian customers and generated over C$31 million ($24 million) in revenue during the 12-month period ending Sept. 30, according to the statement. Source link … [Read more...] about Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares
Purchase
Eminem joins Bored Ape Yacht Club with $450,000 NFT purchase
Popular rapper Marshall Mathers, better known as Eminem, has joined the ranks of non-fungible token (NFT) enthusiasts as he bought Bored Ape Yacht Club #9055 for 123.45 Ethereum (roughly $453,000 at the time) over the past weekend.The OpenSea account that did the buying, titled Shady_Holdings (a nod to Eminem’s hit song The Real Slim Shady), was created just three days … [Read more...] about Eminem joins Bored Ape Yacht Club with $450,000 NFT purchase
Marathon Digital to Expand Hashrate by 600% With Record Purchase of Bitcoin Miners
“Given the strength of our balance sheet and our asset-light model, which allows us to invest our capital into mining machines rather than infrastructure, we were uniquely positioned to place the largest single order of S19 XPs, in terms of total hash rate, BITMAIN has ever received,” Marathon CEO Fred Thiel said in a press release. Source link … [Read more...] about Marathon Digital to Expand Hashrate by 600% With Record Purchase of Bitcoin Miners
MicroStrategy announces purchase of 7002 more Bitcoin (BTC) for $414.4 million
MicroStrategy announced earlier today that it has purchased an additional 7,002 Bitcoin (BTC). The latest purchase makes Michael Saylor’s company the largest known BTC holder among non-crypto companies.More bitcoins for Michael SaylorOne of the largest software companies in the world has just announced that it has significantly increased its cryptocurrency holdings.According to … [Read more...] about MicroStrategy announces purchase of 7002 more Bitcoin (BTC) for $414.4 million
Inside One DAO’s $20M Plot to Purchase the US Constitution
The torrid progress the fledgling group has made in just five days is a testament to the organizational power of DAOs: less than a week after someone hatched this plot, the project has attracted 11,000 social media followers, donations from 2,000 Ethereum addresses, and a brain trust of a few dozen builders, investors and community members who now have the infrastructure in … [Read more...] about Inside One DAO’s $20M Plot to Purchase the US Constitution