Michael Saylor's Strategy bought 13,627 bitcoin for ~$1.25B between January 5 and 11, taking its total holdings to 687,410, and boosts its USD reserve to $2.25B
Michael Saylor's Strategy bought 13,627 bitcoin for ~$1.25B between January 5 and 11, taking its total holdings to 687,410, and boosts its USD reserve to $2.25B
Partner offers — Quick Take — Strategy has purchased another 13,627 BTC for approximately $1.25 billion at an average price …
Sources: Nexperia's China unit has resumed chip sales to local distributors, with transactions now settled in yuan instead of foreign currencies such as the USD
Sources: top Chinese VCs are close to raising up to $1.1B in total USD-denominated funds in 2025, marking a tentative return of global capital to Chinese tech
Financial Times :
Sources: at least six of China's biggest VC firms are targeting a combined $2B in new USD-denominated funds to allow overseas investment in Chinese startups
China's largest venture capital houses are tapping the market for at least $2 billion in new funds, re-engaging with the country's startups …
TSMC reports Q2 net income up 61% YoY to ~$13.5B, beating est. every quarter since 2021, and raises its 2025 sales growth guidance in USD from mid-20% to 30%
Taiwan Semiconductor Manufacturing Co. raised its outlook for 2025 revenue growth, shoring up investors' confidence in the momentum of the global AI spending spree.
Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US, its largest-ever borrowing denominated solely in USD
The bridge loan under discussion has a tenor of about 12 months, said the people, who asked not to be identified discussing private matters.
Ripple plans to launch a stablecoin later in 2024 that is “100% backed by US dollar deposits, short-term US government Treasuries, and other cash equivalents”
Today's edition is brought to you by BetterHelp … Brenda Ngari / ZyCrypto : XRP Eyes Mega Surge To High Prices As Ripple Readies To Storm $155 Billion Stablecoin Market Mehron Rokhy / The Daily Hodl :...
PayPal debuts PYUSD, a Paxos-issued stablecoin and fully backed by USD deposits, short-term Treasuries, and cash equivalents, rolling out to US users gradually
- PayPal USD will be pegged to dollar, issued by Paxos Trust — Stablecoins have yet to take off in consumer-payment sector
JPMorgan expands its JPM Coin, launched in 2019 for USD transactions, to euro payments; the bank has used the token to process ~$300B in transactions to date
JPMorgan Chase & Co. expanded one of the most high-profile projects to bring blockchain technology to traditional banking …