Terraform Labs shuts down, MicroStrategy stacks more Bitcoin, Paradigm raises $850M
Episode description
In today’s episode, we look at Terraform Labs’ decision to end operations and handover control to the Terra community, MicroStrategy’s plans for a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset, and Paradigm raising $850 million for a third crypto fund.
Further reading:
- Terraform Labs to end operations, Terra community will take over
- MicroStrategy plans $500M stock sale to buy more Bitcoin
- Bitcoin whales scoop up $1.4B in 24 hours amid market correction
- President Biden announces picks for SEC, FDIC and Treasury leadership
- Paradigm raises $850M for third crypto fund
So, grab yourself a coffee, and let’s get into it!
This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Savannah Fortis. You can follow Savannah on X.
Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
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