ChainCatcher news, Bitcoin mining company CleanSpark announced the completion of a $650 million convertible preferred note issuance. Additionally, the company repurchased 11.76 million shares of common stock, with a repurchase amount of approximately $145 million. These shares will be removed from the company's total outstanding shares.According to CleanSpark's CEO and President Zach Bradford, part of the funds is intended to support adding the mined Bitcoin to the balance sheet.

ChainCatcher news, Bitcoin mining company Riot Platforms announced the completion of a $594.4 million convertible senior note offering. After deducting the initial purchaser's discount and commissions as well as the estimated offering expenses payable by Riot, the net proceeds from the issuance of the 2030 notes are approximately $579.2 million. Riot has used a significant portion of the net proceeds from this offering to purchase additional Bitcoin.

ChainCatcher news, according to a press release, Nasdaq-listed Bitcoin mining company CleanSpark, Inc. announced its plan to offer a total of $550 million in convertible preferred notes maturing in 2030 to initial subscribers based on market conditions and other factors.CleanSpark also expects to grant initial purchasers of the convertible notes the option to purchase up to $100 million in additional convertible notes within 13 days from the date of the initial issuance of the convertible notes.The company plans to use the net proceeds from the offering to pay for the costs of capped call option transactions, to repurchase up to $125 million of its common stock from convertible bond investors, and the remaining net proceeds will be used to fully repay the outstanding amount under the company's credit facility with Coinbase, capital expenditures, acquisitions, and general corporate purposes.

ChainCatcher news, according to official news, Nasdaq-listed Bitcoin mining company Riot Platforms announced plans to raise $500 million through the issuance of convertible preferred notes. The company intends to use the net proceeds from this issuance to purchase additional Bitcoin and for general corporate purposes.

ChainCatcher news, mining company Core Scientific is privately issuing $500 million of convertible senior notes due in 2031 to qualified institutional buyers. Core Scientific also intends to grant the initial purchasers of the notes a purchase option to settle within 13 days (inclusive) from the date of the initial issuance, allowing for the purchase of up to an additional $75 million principal amount of notes.Core Scientific plans to use the net proceeds from this offering for general corporate purposes, including working capital, operating expenses, capital expenditures, acquiring complementary businesses, or repurchasing its securities.

ChainCatcher news, Bitcoin mining company MARA announced its plan to privately issue $700 million of 0.00% convertible senior notes (due 2031) to qualified institutional buyers. MARA also expects to grant the initial purchasers of the notes an option to purchase additional notes of up to $105 million in principal amount within 13 days from the date of the initial issuance of the notes.MARA expects to use the net proceeds from the sale of the notes, which could be up to $50 million, to repurchase a portion of its existing convertible notes due 2026 ("existing 2026 convertible notes") through privately negotiated transactions, with the remaining net proceeds being used to purchase more Bitcoin and for general corporate purposes.

ChainCatcher news, Bitcoin mining company MARA announced on platform X that it purchased 5,771 BTC through the issuance of convertible notes at an average price of $95,554. The current total number of BTC held is approximately 33,875, valued at $3.4 billion.

ChainCatcher news, according to GlobeNewswire, Bitcoin mining company Bitdeer announced the issuance of $360 million in convertible preferred notes to qualified institutional buyers through a private placement, maturing in 2029.The company also granted the initial purchasers of the notes the option to purchase up to an additional $40 million in principal notes within 13 days from the date of the initial issuance. The sale of the notes is expected to be completed by November 26, 2024, subject to customary closing conditions, with the related funds intended for the expansion of data centers, the development and manufacturing of ASIC-based mining equipment, as well as working capital and other general corporate purposes.

ChainCatcher news, according to Cointelegraph, Europe's second-largest insurance company Allianz SE has acquired nearly 25% of the convertible notes due in 2031 from MicroStrategy.

ChainCatcher news, according to market news, MicroStrategy plans to sell $2.6 billion worth of notes and will use the proceeds to purchase Bitcoin.

According to ChainCatcher, as reported by Coindesk, Bitcoin-listed mining company MARA Holdings (MARA) has increased its previously announced convertible preferred note issuance from $700 million to $850 million.The company also raised the amount of the initial purchaser's option to buy additional bonds from $105 million to $150 million. The offering is expected to close on November 20 and is a private placement for qualified institutional buyers. The fundraising is expected to be approximately $833 million, of which $199 million will be used to repurchase MARA's existing $212 million convertible notes due in 2026. The remainder will be used for Bitcoin (BTC) acquisitions, asset expansion, and general corporate purposes.Previously reported yesterday, MARA plans to raise $700 million through the issuance of convertible preferred notes to purchase more Bitcoin.

ChainCatcher news, according to official sources, MicroStrategy plans to privately place $1.75 billion in 0% convertible senior notes, maturing in 2029. These notes are unsecured and interest-free, convertible into cash or stock. The proceeds will be used to purchase Bitcoin and for general corporate purposes.

ChainCatcher news, according to official information, Bitcoin-listed mining company Marathon Digital Holdings (MARA) announced plans to issue a total of $700 million in convertible senior notes to qualified institutional investors, with a potential additional issuance of $105 million. The notes will mature on March 1, 2030, and will pay interest semi-annually starting from March 1, 2025.According to the announcement, MARA plans to use no more than $200 million of the raised funds to repurchase its existing convertible bonds maturing in 2026, while the remaining funds will mainly be used to increase its Bitcoin holdings and for general corporate purposes, including working capital, strategic acquisitions, expansion of existing assets, and debt repayment.

ChainCatcher news, Bitcoin mining hosting and cloud service company Applied Digital plans to raise $375 million through a private placement of convertible notes. The notes have an annual interest rate of 2.75% and will mature in 2030, with initial purchasers also able to buy an additional $75 million. The company plans to use part of the funds for capped options trading to hedge against shareholder dilution risk and to invest approximately $84 million in stock buybacks.Applied Digital does not directly participate in Bitcoin mining but provides data center hosting services for other companies. Its latest quarterly report shows that out of $60.7 million in revenue, $34.8 million came from Bitcoin mining hosting services, while the remaining 43% came from cloud services.

ChainCatcher news, according to TheMinerMag, Bitcoin mining company Terawulf has proposed to raise $350 million through a private issuance of convertible notes, and will grant the initial purchasers of the notes an option to add $75 million within 13 days after their issuance. The company has not finalized the pricing and interest rate of the issuance, but stated that these notes will mature in 2030.Terawulf intends to use the proceeds from this issuance for general corporate purposes and to repurchase its outstanding common stock, with a maximum amount of up to $200 million, before December 2025.Terawulf stated that after "strict capital expenditures aimed at supporting organic growth in HPC/AI, as well as evaluating potential strategic opportunities such as site acquisitions," the stock repurchase program will be prioritized.

ChainCatcher news, according to Decrypt, the Southern District Court of New York has denied Samourai Wallet founder Keonne Rodriguez's request to modify his bail conditions. The prosecution submitted Rodriguez's handwritten "escape preparation" notes as evidence, which detailed travel plans and emergency items. Rodriguez's lawyer argued that this was just a general emergency plan, but the prosecution believes it constitutes an active escape plan.ChainCatcher previously reported, according to The Block, that the co-founder of the crypto mixing service Samourai Wallet was arrested. Prosecutors stated that they are accused of laundering $100 million from Silk Road and other illegal markets. On Wednesday, Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill were charged with operating Samourai Wallet.

ChainCatcher news, MicroStrategy announced the pricing of its $875 million convertible senior notes due in 2028, an increase from the previously announced $700 million total principal amount of the notes. These notes will be MicroStrategy's unsecured senior debt, with an interest rate of 0.625% per annum, payable semi-annually on March 15 and September 15, starting from March 15, 2025.The notes will be sold in a private placement to qualified institutional buyers, and MicroStrategy has also granted the initial purchasers of the notes an option to purchase up to $135 million in total principal amount of the notes within 13 days from the date of the initial issuance of the notes. Additionally, the offering is expected to close on September 19, 2024, subject to customary closing conditions.MicroStrategy intends to use the net proceeds from this offering to redeem all $500 million in outstanding principal amount of its 6.125% senior secured notes due 2028 ("Senior Secured Notes") and any remaining net proceeds for the purchase of additional Bitcoin and for general corporate purposes.