🚀 #IonicDigital raises $400M to continue ongoing HPC expansion!
✅️ Good
- Unlocks more doors for Ionic to create additional value
- Shows increase investors' confidence
❌️ Bad
- More shares that dillute shareholders in the short term..
In general, it's positive. Ionic has proven so far to be a prudent allocator of capital, so it should be easy for them to multiply the raised capital.
https://t.co/1PzJHnaQ6j
🚨 Huge news: nearly $500M coming to #CelsiusNetwork creditors!
As I highlighted a few days ago, a settlement with @EquitiesFirst seemed imminent.. and now we have confirmation: a resolution has been reached for payments totaling $500M.
Even if lawyers take a cut of up to 20%, that would still leave around $400M for creditors (~8% recovery). That would mean a bigger recovery than Tether.
It’s not yet clear whether this will be a single payment or multiple distributions.
Source below ⬇️
Jimmy Carr is the United Kingdom’s most popular comedian and celebrity. Carr says, “I would not mind it if our government mines for bitcoins. Our power stations don’t do anything at night, so we’re going to mine for bitcoins. Great. New gold standard. Fine.”
⏰️ 💸 Per a reddit post, laywers are targeting end of November to December for the 4th #CelsiusNetwork distribution.
Hopefully, creditors who are still missing their 3rd distribution will get both at the same time!