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Cryptocurrency
fromBitcoin Magazine
1 week ago

Strategy (MSTR) Spends $1.28 Billion To Buy More Bitcoin

MicroStrategy purchased 17,994 bitcoin for $1.28 billion, bringing total holdings to 738,731 BTC representing 3.4% of Bitcoin's fixed supply.
from24/7 Wall St.
1 month ago

Oracle's Big $50 Billion Bet: Bold Bid for AI Leadership or Setup for Epic Collapse?

Oracle ( ) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a balanced mix of debt and equity financing. The funds will support expansion of its Oracle Cloud Infrastructure (OCI) to deliver on massive contracted demand for AI and cloud capacity from key customers including Advanced Micro Devices ( ), Meta Platforms ( NASDAQ:META ), Nvidia ( NASDAQ:NVDA ), OpenAI, TikTok, and xAI.
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