Token Events

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American Bitcoin uses an overvalued BTC collateral to buy mining machines, implying a discount of 44%

Listed Bitcoin miner American Bitcoin disclosed in its latest quarterly earnings report that in February, it pledged 314 BTC as collateral and paid Bitmain $49.4 million for 80% of the mining equipment purchase. The deal was valued at $125,900 per BTC, but the actual transaction price at the time was below $70k, meaning ABTC effectively bought the mining equipment at an implied discount of about 44%.
BTC-0.97%
MarketWhisper·05-08 01:46
American Bitcoin uses an overvalued BTC collateral to buy mining machines, implying a discount of 44%

Telegram takes over TON, cutting fees by 6x and driving the token up 24%

On May 7, Toncoin (TON) surged more than 24% within 24 hours, hitting $2.20 and reaching a new high since last November. On Monday, Telegram founder Pavel Durov announced on X that Telegram has become the largest verification node on the TON network, while also stating that transaction fees were reduced by 6 times to 0.00039 TON.
MarketWhisper·05-07 06:40
Telegram takes over TON, cutting fees by 6x and driving the token up 24%