Circle prepares for IPO, moves headquarters to Wall Street in 2025! 🏦
- Circle has filed for IPO, awaiting SEC approval.
- USDC integration with Brazilian and Mexican banking systems.
- USDC still lags far behind Tether (USDT) with a market share of 20% vs 70%.
Cathedra Bitcoin changes strategy, focuses on BTC accumulation
- Cathedra shifts from mining to BTC accumulation, following in MicroStrategy's footsteps.
9/10 largest BTC mining companies now hold less BTC than 3 years ago.
- Focus on cash flow from data centers and buying more BTC.
MicroStrategy announces third debt issuance in 2024
- Expects to raise $700 million via convertible bonds.
The proceeds will be used to pay down debt and buy more BTC.
The company currently holds 244,800 BTC, the stock is up 96% this year.
BitGo Launches Custody Platform for Native Tokens
- Manage token vesting, distribution, staking, and liquidity.
- Ensure security, compliance, and transparency.
- Custody services are insured up to $250 million.
👉 What do you think about these moves? Comment now!