Blackstone and Apollo line up $36 billion chip debt deal for Anthropic
Anthropic is set to tap a $36 billion private credit deal led by Blackstone and Apollo to finance Google AI chips backed by Broadcom, in...
Tag : debt
Sequans dumps $BTC reserve, pivots back to IoT chips after debt cleared
Paris-based chipmaker Sequans Communications has fully exited its bitcoin treasury, selling roughly 80% of its holdings to repay convertible debt and returning its full focus...
Bitcoin Giant Strategy Slashes Cash Reserves by 61% to Repurchase $1.5 Billion in Debt
In brief Strategy used 61% of its dedicated cash buffer ($1.38 billion) to repurchase $1.5 billion in convertible notes. Despite earlier corporate signals, the firm’s...
Strategy buys back $1.5B of debt at discount, cuts outstanding notes to $6.7B
Michael Saylor’s Strategy, the largest corporate Bitcoin holder, has repurchased $1.5 billion of its 0% convertible senior notes due in 2029 for $1.38 billion at...
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
In brief Strategy has entered into an agreement to repurchase $1.5 billion of its 2029 convertible senior notes for an estimated $1.38 billion The move...
Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “Daily Dividend Company” and revealed it eliminated all...
Ripple Secures Bullish $200M Debt Facility from Neuberger Berman to Launch Margin Trading
Ripple prime brokerage unit has secured a $200 million asset-based debt facility from Neuberger Berman, structured through the asset manager’s specialty finance group. This move...
Mantle proposes 30,000 ETH loan to help Aave cover bad debt
Mantle has proposed lending up to 30,000 ETH to Aave DAO to help address bad debt linked to the Kelp DAO exploit. Summary Mantle proposed...
Core Scientific plans $3.3B debt raise to fund AI data center push
Core Scientific is seeking to raise $3.3 billion in debt to support its expanding data center operations across the United States, as crypto miners increasingly...
Aave risk manager models 2 bad debt scenarios from Kelp DAO exploit
Decentralized lending platform Aave’s risk management provider has outlined two scenarios on how bad debt from the Kelp DAO exploit over the weekend could impact...