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purchase

Prada made the biggest purchase in its history by buying Versace for $1.4 billion, bringing the two Italian luxury labels together

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Luxury major Prada will buy Versace for $1.38 billion from American parent company Capri Holdings. The long-anticipated deal will bring together two leading Italian labels in the luxury segment, albeit with diverging fortunes. “The acquisition of Versace marks another step in the evolutionary journey of our Group, adding a new dimension, different and complementary,” Andrea … Read more

Japanese gaming firm Enish makes first BTC purchase worth nearly $680k

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Enish Co., the Japanese gaming firm behind blockchain-based game series ‘De:Lithe Last Memories,’ has announced its first BTC purchase worth 100 million yen. According to a recently published document, Enish Co. stated that it would allocate 100 million yen or equal to $679,049 of company funds to buy Bitcoin (BTC). The Japanese firm stated that … Read more

BlackRock Panama Canal Purchase: Did The CCP Block the Deal For Good?

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The BlackRock Panama Canal purchase, a $22.8 billion deal for 43 global ports, including two at the Panama Canal, has thrust Hong Kong’s CK Hutchison into a fierce US-China standoff. The sale to a BlackRock-led group is stirring geopolitical unease, pulling economic control, security, and trade into the spotlight. Trump was right after all. China … Read more

Starting today, European visitors are now required to purchase an entry permit to enter the U.K.

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New rules came into force Wednesday requiring European visitors to the UK to buy an online entry permit as the government revised longstanding regulations to boost border security. The changes, however, caused little disruption at Paris’s Gare du Nord station as passengers began their Eurostar journey to London. “So far we haven’t had any passengers … Read more

Strategy ends quarter with biggest Bitcoin purchase of year

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Michael Saylor’s Strategy bought $1.9 billion of Bitcoin, the largest acquisition of the cryptocurrency in terms of tokens by the firm this year.  The purchase, the latest in a series of almost weekly acquisitions of the cryptocurrency since late October, increased the dot-com-era software maker turned leveraged Bitcoin proxy’s holding of the digital asset to … Read more

Saylor hints at new Bitcoin purchase as holdings surpass 500,000 BTC

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Key Takeaways Strategy purchased 6,911 BTC for $584.1 million increasing total holdings to 506,137 BTC. The company plans a $42 billion capital raise to further expand their Bitcoin acquisitions. Share this article Michael Saylor, Executive Chairman of Strategy, has hinted at an impending Bitcoin acquisition following a recent purchase that pushed the company’s total holdings … Read more

Javice found guilty of defrauding JPMorgan in $175M startup purchase

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Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer … Read more

Senator Lummis reintroduces BITCOIN Act, proposing 1 million BTC purchase

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Key Takeaways Senator Cynthia Lummis will announce developments on the US strategic Bitcoin reserve. President Trump signed an executive order for a Strategic Bitcoin Reserve managing seized assets. Share this article Senator Cynthia Lummis reintroduced the BITCOIN Act today while attending a Bitcoin-focused conference hosted by the Bitcoin Policy Institute. The event also featured Michael … Read more

El Salvador resumes Bitcoin purchase after one-week pause, adding $661,000 in BTC

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Key Takeaways El Salvador resumed its Bitcoin buying strategy, adding 7 BTC worth $661,000. The purchase aligns with an IMF agreement, modifying Bitcoin policies in El Salvador. Share this article El Salvador purchased 7 Bitcoin worth $661,000 today, resuming acquisitions after pausing its daily buying strategy on Feb. 18, according to Arkham Intelligence data. The … Read more

Michael Saylor signals Strategy’s new Bitcoin purchase after one-week break

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Key Takeaways Bitcoin bull Saylor just hinted at Strategy’s new Bitcoin acquisition. The company plans a $2 billion convertible note offering for Bitcoin acquisitions. Share this article Following a brief pause, Strategy may have resumed its Bitcoin purchase. Michael Saylor on Sunday posted the Bitcoin tracker on X, which is typically followed by a Bitcoin … Read more

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