The eye-watering strike option supplants the company’s previous $300,000 maximum offering listed on Jan. 9.
The company cited issues relating to poor liquidity in the face of heightened demand.
Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.
Twitter CEO Jack Dorsey took to (where else?) Twitter to ask the question “was this correct?” regarding his company’s decision to ban U.S. President Donald Trump in the following last week’s attack on the Capitol and then proceed to answer that yes, it was. This story is developing and will be updated.
Bitcoin is recouping losses clocked in over the weekend in a move that was not surprising to market participants servicing institutional investors.
The post While bitcoin was cratering over the weekend, institutions were buying appeared first on The Block.
“We have every millennial that works for us thinks we should have a major pricing, data services, software and participation,” said CEO Lance Uggla.
Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.
Jappa is the latest addition to Riot’s changing boards of directors and advisors.
The European Central Bank said that its public consultation on a proposed digital euro generated more than 8,000 responses.
The post ECB: Digital euro survey participants cite privacy, security as key elements appeared first on The Block.
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.
