Nasdaq-listed company Lion Group invests $8 million to purchase 88.49 Bitcoins

GateNews
BTC1.27%
HYPE3.23%
SOL-0.36%

Odaily Planet Daily News: Nasdaq-listed company Lion Group announced that it has purchased 88.49 Bitcoins for 8 million USD. The company also disclosed that as of December 11, its cryptocurrency holdings include 194,727 HYPE and 10,820 SOL. (Stocktitan)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Rises to $77,000 While Holding $75,000 Support as Traders Maintain Short Bias

Bitcoin rose to $77,000 today while maintaining $75,000 support. However, negative funding rates, unchanged open interest, and cautious trader positioning indicate a lack of conviction in the upside.

GateNews2h ago

Bitcoin Rises Nearly 3% in 24 Hours Amid Stock Gains and Oil Decline

Bitcoin rose nearly 3% over the past 24 hours as equities gained and oil prices declined amid optimism over Iran-related developments.

GateNews2h ago

Paradigm Researcher Proposes PACTs to Protect Satoshi-Era Bitcoin From Quantum Threats This Week

Paradigm researcher Dan Robinson introduced a new model this week designed to protect dormant bitcoins, including those belonging to network creator Satoshi Nakamoto, from potential quantum computing threats. The proposal introduces "Provable Address-Control Timestamps" (PACTs), which would allow bi

GateNews3h ago

XRP ETF Inflows Hit $3.6M While Bitcoin and Ethereum Funds Face Major Withdrawals

XRP ETFs recorded $3.6M inflows while Bitcoin and Ethereum funds saw major outflows. Bitwise leads XRP ETFs with strong AUM, signaling growing institutional participation. XRP ETFs now hold over $1B, representing 1.23% of total XRP supply. The crypto market has delivered another sharp co

CryptoNewsLand3h ago

XRP ETF Inflows Hit $3.6M While Bitcoin and Ethereum Funds Face Major Withdrawals

XRP ETFs recorded $3.6M inflows while Bitcoin and Ethereum funds saw major outflows. Bitwise leads XRP ETFs with strong AUM, signaling growing institutional participation. XRP ETFs now hold over $1B, representing 1.23% of total XRP supply. The crypto market has delivered another sharp co

CryptoNewsLand3h ago

Bitcoin Options Price 25% Probability for $84K Breakout by May 29

According to ChainCatcher, Bitcoin options market prices only 25% probability for BTC to break above $84,000 by end of May, despite a 15% rally over the past 30 days. May 29 expiry call options with $84,000 strike price are trading at 0.0136 BTC, or approximately $1,063. However, spot Bitcoin ETF in

GateNews5h ago
Comment
0/400
No comments