H100 Group Boosts Bitcoin Holdings With 144.8 BTC Settlement.
A Swedish company called H100 Group AB, which focuses on health technology, has just added 144.8 Bitcoin (BTC) to its savings. This came from a partial payment under a special loan deal they announced earlier. Now, the company holds a total of 169.2 BTC.
The firm is also listed on the NGM Nordic SME stock market. It works in the health and longevity field, using artificial intelligence (AI) to help doctors and lifestyle service providers.
People watching the industry think adding 144.8 Bitcoin is a brave move to make cryptocurrency more common in healthcare.
Fold Holdings Secures $250mn Equity Deal To Expand Bitcoin Treasury.
Fold Holdings, Inc. just announced that it has entered a new $250 million equity purchase facility to buy more Bitcoin for its corporate treasury.
Under the terms of the facility, the company can choose, at its own discretion, whether or not to issue up to $250 million worth of newly issued common stock. This means Fold is not obligated to use the full amount, or any of it, unless it decides to do so.
However, Fold must first file a registration statement with the U.S. Securities and Exchange Commission (SEC). This statement needs to be reviewed and officially approved.
Nasdaq-listed Eyenovia Announces To Add $HYPE In Treasury Reserve.
Eyenovia, a NASDAQ-listed digital eye care company, is taking a bold step into the crypto world. The company announced a $50 million private investment from institutional investors to create a cryptocurrency treasury focused on the HYPE token, native to the Hyper-liquid blockchain.
With this move, Eyenovia became the first publicly traded U.S. company to hold HYPE tokens in its treasury. The company plans to rebrand itself as Hyperion DeFi and change its ticker symbol from EYEN to HYPD.
As part of the investment deal, Eyenovia will issue convertible preferred stock and warrants. The company may raise up to $150 million in case all warrants are exercised.
U.S. Senate Passes GENIUS Act To Regulate Stablecoins.
The U.S. Senate has approved the GENIUS Act with an overwhelming 68-30 final vote. Voting saw a huge surge of Democrats joining their Republican counterparts on Tuesday. Passage of this bill sets a new high-water mark of crypto policy efforts in the U.S. as the legislation now heads to the House of Representatives.
As written, the bill would set up guardrails around the approval and supervision of U.S. issuers of stablecoins, the dollar-based tokens such as the ones backed by Circle, Ripple and Tether. The bill heads to the House of Representatives, where its next steps remain uncertain while leading lawmakers work out a strategy for passage.
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