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Michael Saylor: Selling MicroStrategy Shares to Boost Bitcoin Holdings
MicroStrategy's Michael Saylor is selling $216M in company shares to invest in Bitcoin, reflecting his confidence in the cryptocurrency's future and the company's ongoing commitment to it.
FTX Financial Filings Uncover Executive Transactions Prior to 2022 Collapse
Court filings reveal FTX and Alameda Research executives engaged in financial transactions before the exchange's collapse, including a $2.51 million payment to the American Yacht Group.
BlockFi's Collapse Tied to Ignored Risks with FTX and Alameda Research
BlockFi's collapse tied to ignored risk warnings and flawed business practices, reveals a court filing. CEO Zac Prince allegedly dismissed concerns over high-risk loans to Alameda Research.
Meta Files for Debt Shelf Offerings
Meta, the parent company of Facebook, Instagram, and WhatsApp, has filed for new debt shelf offerings with the United States Securities and Exchange Commission (SEC). The company has not disclosed the exact amount of debt securities being offered, but it plans to issue a new prospectus supplement each time a debt security is sold.
Bankman-Fried's Bail Conditions Extended
Sam Bankman-Fried's legal team requested a third extension on the enforcement of his revised bail conditions, citing difficulties in installing monitoring software on his parents' cell phones. The software is meant to capture a photo of the user "every five minutes."
US SEC To Open New Office Dedicated to Crypto-Related Filings
The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms.
American Express Weighs Entry into Metaverse and NFTs Business, Trade Filing Shows
American Express could get into the field of metaverse and NFTs, which have become a key value driver within the financial industry.
SEC’s Filing Shows Blackrock Made $369,137 Profits on Its Bitcoin Futures
BlackRock has made $369,137 from its investment into Bitcoin futures, according to SEC’s filing. Despite crypto volatility, the investment firm is on a trajectory to more from its Bitcoin futures investments.
Norwegian Tax Authorities Want Investors to Voluntarily Declare their Crypto Earnings
The Norwegian Tax Administration wants people to voluntarily report their cryptocurrency earnings ahead of the April deadline for filing tax returns.