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Digital Currency Group Details Millions In Outstanding Debts To Genesis, Investment In Exchanges Like FTX
Wednesday, January 11, 2023 - 11:11am | 696Institutional investor Digital Currency Group has revealed it owes Genesis, a digital currency lending firm, $447.5 million and an additional $78 million in Bitcoin (CRYPTO: BTC). These debts are set to mature in May of this year and come in addition to an outstanding promissory note. DCG...
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Institutional Bitcoin Funds Lose $33M Over The Week As Ethereum Funds Gain Market Share
Tuesday, August 10, 2021 - 4:44pm | 438The first week of August may have sparked a market-wide rally in crypto, but institutional outflows from Bitcoin (CRYPTO: BTC) focused funds still persisted. What Happened: Bitcoin gained 19% over the past seven days to trade above $45,400 at the time of writing, but institutional Bitcoin...
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Columbia Care Secures Over CA$25M in Funding Via Another Deal With Canaccord
Thursday, February 11, 2021 - 11:47am | 241Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) is poised to raise some CA$25.2 million ($19.8 million) in funding via a bought deal private placement deal. Under the agreement, the New York cannabis company agreed to sell some 2.8 million of its common shares to Canaccord Genuity Corp. at CA$9 ($7.1...
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Green Thumb Industries Sells $79M Stake To Undisclosed Investor
Friday, October 30, 2020 - 2:50pm | 279Green Thumb Industries (CSE: GTI) (OTCQX: GTBIF) confirmed Friday that an undisclosed institutional investor bought 5.5 million subordinated voting shares in the company for $79 million. The shares were disposed of by an LLC controlled by GTI chief executive Ben Kovler. Each share was priced at CA$...
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Delivering Alpha: What's Coming?
Tuesday, July 14, 2015 - 1:34pm | 402CNBC/Institutional Investor's Fifth Annual "Delivering Alpha" conference is set to kick off on Wednesday at the iconic Pierre hotel in New York City. The conference features the "whose who" of the investment, banking, political, economic and hedge fund community. This Year's Notable Speakers:...
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Hedge Fund Managers to Gather at This Year's Delivering Alpha
Tuesday, July 10, 2012 - 2:27pm | 456The annual conference from CNBC and Institutional Investor returns for another year of in-depth discussions involving the market's most important issues. Featuring Timothy Geithner as its keynote speaker, Delivering Alpha attendees will get to hear from Preet Bharara, United States Attorney for...