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13:04
Strategy increased its Bitcoin holdings by 592 coins last week
BlockBeats News, February 23rd, according to market sources, Strategy increased its holdings by 592 BTC last week, spending $39.8 million, with an average buy price of $67,286.
13:02
CoinShares reduces Bitcoin ETP management fee to 0.15% permanently
CoinShares announced that it will permanently reduce the management fee of its flagship bitcoin exchange-traded product, CoinShares Bitcoin ETP (ticker: BITC), to 0.15%, effective immediately. BITC is the largest physically-backed bitcoin ETP in Europe by assets under management and is currently listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana.
12:59
According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), Resolute Holdings Management Inc (RHLD) has completed a significant adjustment to its financing structure.
The company has upgraded its original $5 million credit line to a revolving credit facility of $30 million. This move significantly enhances the company's financial flexibility, providing more ample funding support for future business expansion and capital operations. The revolving credit facility allows the company to borrow, repay, and re-borrow within the agreed limit, offering greater operational flexibility compared to term loans. The sixfold increase in financing scale reflects financial institutions' recognition of the company's debt repayment ability and growth prospects.
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