Republic Technologies has completed a $100 million zero-interest financing to increase its Ethereum holdings.
BlockBeats News, November 10, according to The Block, Republic Technologies (Canadian Securities Exchange stock code: DOCT) announced on Monday that it has received a $100 million zero-coupon convertible bond from a certain "leading institutional investor" to expand its staking node business and increase its Ethereum holdings. Over 90% of the funds raised will be used to acquire ETH, with an initial $10 million already underway.
Republic disclosed that this transaction includes 50% warrant coverage, priced at market value, avoiding the deep discount issue that previously plagued peers such as BitMine Immersion and BTCS, and defined the terms as "cash flow neutral," allowing it to deploy capital without the need for debt repayment.
You may also like

The current Lobster Skill is just yesterday's Fruit Ninja, only meant to get you acquainted.

Key Market Intelligence on March 10th, how much did you miss out on?

IOSG: From Interest-Bearing Stablecoins to Crypto Credit Products

NVIDIA CEO Jensen Huang's Latest Article: The "Five Layers of AI"

Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period

One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more

To the Builders who are still persevering in the crypto industry

Oil Price Cools Off, Crypto Bounces Back

a16z Releases Top 100 AI Applications List, Models Are Moving Out of the Browser and App

If you only follow the news, you may have misconstrued this Iran conflict

ERC-8183: Write a Rule for a $3M On-Chain Agent Business

AI Mistakenly 'Tips' $260,000, Makes It All Back in 24 Hours

Arthur Hayes: Why is HYPE a 5x Moonshot?

OpenClaw Money-Saving Strategy: Saving Two Thousand a Month - What Am I Doing Right?

a16z: Making a $2 Billion Bet on the Next Dawn of Web3

Trade to Earn Series IV: WEEX Launches Up to 40% Real-Time Futures Fee Rebates
Trade futures on WEEX and earn up to 40% real-time fee rebates. Trade to Earn Series IV lets you accumulate WXT rewards while reducing trading costs.
WEEX AI Hackathon Champions Crowned, Revealing Future of AI Trading
The first-ever WEEX AI Hackathon has concluded, with 10 winners emerging from over 200 global teams. Beyond its $1.8 million prize pool, the event marked a milestone—proving that the future of AI trading belongs to accessible, AI-powered innovation.
