Three institutional counterparties borrowed $150 million in USDC against $222 million of BTC collateral through the arrangement.
Michael Saylor-led Strategy (formerly MicroStrategy) has made back-to-back weekly Bitcoin purchases for the first time since June, rebuilding its holdings after selling some of the
Modal Labs’ rapid valuation growth highlights the escalating demand and investment in AI infrastructure, underscoring a shift towards efficient, scalable solutions. The post Modal Labs
The proposed financing would more than triple the AI infrastructure company’s valuation four months after its previous fundraise.
The token was down 1.55% over 24 hours, while long liquidations reached $20,000 across three exchanges during the same hour.
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