At least four US companies listed on the stock market on Tuesday announced that they would increase their cryptographic investments by a total of $ 844 million, adding to the number of companies looking for a boost of Bitcoin and other cryptocurrencies.
The highest increase on Tuesday came from the seller of heat meals and eaters based in Hong Kong, DDC Enterprise LTD, who said that he had concluded three purchasing agreements totaling $ 528 million, which will all be used to extend Bitcoin (BTC) assets.
The increase came almost entirely from a convertible ticket of $ 300 million, a credit ease of 200 million dollars and an investment in equity of $ 26 million. The investment company based in Dallas, Anson Funds, was the largest investor, while the venture capital branch of the animoca brands also made an important contribution.
DDC has implemented a mission to have the “most precious bitcoin treasure in the world” and bought its first batch of 21 bitcoin on May 23 in exchange for nearly 255,000 shares in an agreement of $ 2.28 million.
DDC said that he planned to buy 5,000 bitcoin in the next three years – a goal he could achieve with the $ 528 million guaranteed, on the basis of current prices.
Bitcoin Firm Fold increases $ 250 million for BTC purchases
Fold Holdings Inc, the first Bitcoin financial service company listed in the balance sheet, said on Tuesday that it had obtained a capital purchase installation of $ 250 million, the net product “mainly intended” to finance additional bitcoin purchases.
The agreement allows the PLU to issue and sell up to $ 250 million in newly issued shares to finance Bitcoin purchases at its discretion – subject to a registration press release for the resale of shares receiving the approval of the Securities and Exchange Commission.
If it is approved, the actions will be sold by private investment under the exemptions from the rules for recording the dry. In a private investment, companies collect funds by selling securities to private investors instead of a public market offer.
At current prices, $ 250 million could theoretically buy 2,390 bitcoin for the fold. The allowance even half of this amount of Bitcoin acquisitions would considerably increase the current Fold Treasury of 1,490 Bitcoin.
Bitmin Caps $ 16 million Bitcoin Buy after an increase in shares
Meanwhile, the Bitcoin Bitmin Technologies Bitcoin Equipment Society said that it has bought $ 16.3 million in Bitcoin using the product of a recent stock offer.
The company now has 154.16 Bitcoin, purchased at an average purchase price of $ 106,033.
Bitmin said that the purchase aligns with its new strategy to increase its Bitcoins farms thanks to a mixture of auto-mine and recovery of capital, strengthening its commitment to accumulate as much bitcoin as possible.
Bitmin has already used funds from the offer of June 6 to buy its first 100 Bitcoins on June 9.
Hype added as an asset of the treasure
The biotechnology company listed at NASDAQ, Eyenovia, also participated in the Crypto purchase action on Tuesday, saying that it had signed a private placement of $ 50 million to build a reserve for the hyperliquid token (media threshing), and invoicing as “the first company publicly listed by the United States, building a long-term strategic treasure” for the asset.
The hyperliquid is an exchange of decentralized cryptographic derivatives built on his own layer blockchain 1. It is propelled by the media threshing token, which is involved in the clears, the award of active traders with paratroopers and governance activities.
In relation: The price of bitcoin stabilizes and gathers in the middle of regional conflicts, the data show
Eyenovia said that it would acquire more than a million media threw – worth $ 40.1 million at current prices – and put the tokens on the Cryptographic Digital Anchoration platform.
The company, which mainly develops the technology of digital eye exams, will also rename “Hyperion DEFI” under the Ticker hypd.
Eyenovia also appointed Hyunsu Jung as director of investments and member of the board of directors to direct the cryptographic strategy of the company.
“We consider hyperliquid as one of the fastest and highest blockchains generating answers to the world,” said Jung.
Review: Arthur Hayes does not care when his Bitcoin predictions are completely wrong
