According to Foresight News, Cointelegraph reported that London listed company Satsuma Technology announced that it has completed approximately $218 million in financing through a second round of convertible loan notes issuance, ParaFi Capital、Pantera Capital、Arrington Capital、(Blockchain.com)、Kraken、DCG Participated with Kenetic Capital and others, with nearly $125 million in funds settled in Bitcoin to enhance its Bitcoin funding strategy.
BlockBeats News: On August 6th, Actelis Networks, Inc. (NASDAQ: ASNS) announced the establishment of a cryptocurrency reserve treasury. The board of directors has authorized the management to diversify the company's asset holdings by selectively investing in mature digital assets that meet specific criteria, including the top 100 ranked cryptocurrencies traded on major trading platforms with a market value of at least $500 million.
According to a report by Golden Finance, a strategist at Pictet Asset Management stated that there is a risk of depreciation of the Japanese yen against the US dollar. They say that political and economic uncertainty may put pressure on the yen. Last month's senatorial elections in Japan increased the risk of a hung parliament. Due to concerns about a possible increase in public borrowing, government bonds are also under pressure. This may prompt the Bank of Japan to withdraw its quantitative tightening policy, which is unfavorable for the yen. They said that the weakness of the US dollar so far this year is also somewhat excessive, so it should go through a consolidation period. (Golden Ten)
Foresight News reported that according to NLNico, ZOOZ Power (NASDAQ/Tel Aviv Stock Exchange: ZOOZ) announced on August 6th that it has completed its first round of $5 million in private equity financing, with an issue price of $2 per share. This financing is the first phase of the company's previously announced $180 million institutional investor private placement plan. After obtaining shareholder approval, approximately 95% of the private equity proceeds will be used to implement the Bitcoin reserve strategy.
