Bitcoin Acquisition

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CoinDesk· 2025-06-30 05:48
.@Metaplanet_JP has pushed its $BTC stash to 13,350 with its latest buy. The Tokyo-listed hotelier also announced it is issuing ordinary bonds worth $208 million to further enhance its bitcoin acquisition strategy. By @parikshitm899.https://t.co/pLtpj3svLg ...
GameStop Q1 Earnings Beat Estimates, Collectibles Sales Improve Y/Y
ZACKS· 2025-06-11 15:35
Key Takeaways GME reported Q1 EPS of 17 cents, up from a loss of 12 cents in the prior-year quarter. Revenues dropped 16.9% y/y to $732.4M, with lower sales in most major categories. Sales in the collectibles segment soared 54.6% y/y to $211.5M.GameStop Corp. (GME) posted first-quarter fiscal 2025 results, wherein the top line missed the Zacks Consensus Estimate and declined year over year. On the contrary, the bottom line beat the consensus mark and improved from the year-ago period. Collectibles sales i ...
Matador Technologies Inc. Announces Closing of Final Tranche of Non-Brokered Private Placement to Support Bitcoin Acquisition
Globenewswire· 2025-05-28 18:30
Core Viewpoint - Matador Technologies Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising a total of approximately C$2.99 million to support its Bitcoin-focused initiatives and other business ventures [1][5]. Group 1: Offering Details - The second tranche involved the issuance of 2,588,955 units at a price of $0.55 per unit, generating gross proceeds of C$1,423,925 [1]. - Combined with the first tranche, the total units issued amount to 5,452,773, raising a total of $2,999,025 [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.75 for twelve months [2]. Group 2: Warrant Provisions - The warrants include an acceleration clause, allowing the company to shorten the expiry date if the closing price of its shares exceeds $1.05 for five consecutive trading days [3]. - The securities from the second tranche are subject to a statutory hold period until September 29, 2025 [4]. Group 3: Use of Proceeds - The net proceeds from the offering are planned to be allocated approximately one-third each to the purchase of Bitcoin, advancing gold acquisition initiatives, and general corporate purposes [5]. Group 4: Insider Participation - Insiders subscribed for a total of 200,000 units in the second tranche, which is classified as a related party transaction [6]. Group 5: Company Overview - Matador Technologies Inc. is a publicly traded company focused on the Bitcoin ecosystem, holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network [7][9]. - The company's flagship product, the Digital Gold Platform, allows users to trade 1-gram gold units inscribed as Bitcoin Ordinals, merging traditional value with decentralized technology [8].
Thumzup Media Corporation Expands Capital Strategy With Bitcoin-Backed Credit Facility from Coinbase Prime
Prnewswire· 2025-05-13 14:15
Thumzup Recently Filed a Shelf Registration Statement to Raise Up to $500 Million for Working Capital and to Accelerate its Bitcoin ("BTC") Acquisition StrategyTZUP Currently Holds 19.106 BTC with a Market Value of Approximately $2.0 Million as of May 12, 2025The Company's Board of Directors Previously Authorized Thumzup to Hold Up to 90% of its Liquid Assets in Bitcoin Under its BTC Reserve StrategyLOS ANGELES, May 13, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZU ...