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43M

Strategy acquires 390 Bitcoin valued at $43M

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Key Takeaways Strategy acquired 390 Bitcoin valued at approximately $43 million, furthering its aggressive cryptocurrency accumulation strategy. The firm views Bitcoin as a long-term hedge against economic instability, according to executive chairman Michael Saylor. Share this article Strategy acquired 390 Bitcoin valued at approximately $43 million last week, continuing the business intelligence firm’s aggressive cryptocurrency … Read more

FTX estate pulls another $43m from Solana staking, topping $1.2b in exits

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FTX estate redeemed 192,000 SOL this week, worth $43 million. Since November, FTX and Alameda have unwound nearly $1.2 billion in Solana, steadily moving funds through exchanges. Summary FTX estate redeemed 192,000 SOL this week, valued at $43 million. Since November 2023, nearly $1.2 billion in Solana has been liquidated. Over 4.18 million SOL remains … Read more

AI video startup Moonvalley raised a fresh $43M, SEC filing shows

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Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing. The filing, which lists 11 unnamed investors, comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers … Read more

African VC LoftyInc Capital launches third fund for seed and Series A, reaches $43M first close

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One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which … Read more

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