- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Profusa Signs $100 Million Equity Credit Agreement to Launch Bitcoin Treasury Strategy
Odaily News Profusa (NASDAQ: PFSA), a commercial-stage digital health company, today announced that it has entered into a securities purchase agreement (equity credit agreement) with Ascent Partners Fund LLC (Ascent) to raise up to $100 million through the issuance of common stock, with the net proceeds to be used in full to purchase Bitcoin (which can be used for debt repayment), provided that the companys cash balance at the time of the equity sale is greater than $5 million. Under the terms of the agreement, Profusa has the right to sell common stock to Ascent at a price per share that is 97% of the lowest volume-weighted average price (VWAP) within the five trading days following each sale. The maximum amount of a single sale is $5 million or 100% of the average daily trading volume for the five trading days prior to the sale date (whichever is lower). If the companys cash balance is less than $5 million, the net proceeds will be used to make up that amount first, and the remaining funds will be used to allocate Bitcoin as a core reserve asset. (Business Insider)
You may also like
The Year Trump Embraced Cryptocurrency
Perpetual Contract Genesis: Pricing Liquidity with a Magic Formula, Transparency Prevents it from Reaching its Full Potential
Can't Beat the Stock Market, Can't Outdo Precious Metals, Is Crypto Really Becoming the Bull Market for "Outsiders"?
Key Market Intelligence on December 30th, how much did you miss out on?
Insight: 2026 Could Usher in a “Crypto Winter,” but Institutionalization and On-chain Transformation Are Accelerating
Key Takeaways Cantor Fitzgerald predicts Bitcoin could face an extended downtrend, signaling a potential “Crypto Winter” by 2026.…
Caixin: Digital RMB Wallet Balances to Begin Earning Interest in 2026
Key Takeaways: Starting January 1, 2026, digital RMB wallets will earn interest on balances. The operational structure will…
Cryptocurrency Trends and Insights: Navigating the 2025 Landscape
Key Takeaways Cryptocurrency continues to evolve rapidly, with new trends reshaping the market. Blockchain technology’s applications extend beyond…
Lighter: Airdrop Successful and Token Trading Imminent
Key Takeaways: The Lighter Discord community recently announced the successful distribution of LIT tokens, marking the beginning of…
UNI Burn Arbitrage Opportunity, Ondo Tokenized Stock Liquidity Debate, What’s the Overseas Crypto Community Talking About Today?
Key Takeaways The crypto market is buzzing with multi-threaded discussions, from macro trends to specific protocols and scams.…
Announcement: The Fed to Release Minutes of its Monetary Policy Meeting Soon
Key Takeaways The Federal Reserve is anticipated to disclose the minutes from its latest monetary policy meeting, offering…
“Elon Musk’s Nemesis Trade” Colossal ETH Short Sparks Debate in Crypto Circles
Key Takeaways A colossal short position was secured against Ethereum (ETH) worth approximately $106 million by a single…
Dragonfly Partner Foresees BTC Surpassing $150K by 2026 but Market Share Decline
Key Takeaways Bitcoin is anticipated to climb over $150,000 by the end of 2026, although its market dominance…
Elon Musk Liquidation Wall: Liquidates $106M Short Position, Faces $479K Loss
Key Takeaways A $106 million ETH short position was liquidated after just 15 hours, resulting in a $479,000…
Unstable Stablecoins: Understanding the Market’s Concerns and Dynamics
Key Takeaways Recent financial reports indicate concerns and instability in the stablecoin market. Circle, a leading stablecoin issuer,…
Market Update — December 30
Brevis opens airdrop tracking; Trend Research adds over 46,000 ETH in a single day.
BlockBeats 2025: Enabling 15 Million People to Witness Bitcoin's New All-Time High
Ten People Redefining the Power Boundaries of Crypto in 2025
From Wall Street to the White House, from Silicon Valley to Shenzhen, a new power network is taking shape.
Bloomberg Checklist: 11 Key Trades to Understand the 2025 Global Financial Market
The Year Trump Embraced Cryptocurrency
Perpetual Contract Genesis: Pricing Liquidity with a Magic Formula, Transparency Prevents it from Reaching its Full Potential
Can't Beat the Stock Market, Can't Outdo Precious Metals, Is Crypto Really Becoming the Bull Market for "Outsiders"?
Key Market Intelligence on December 30th, how much did you miss out on?
Insight: 2026 Could Usher in a “Crypto Winter,” but Institutionalization and On-chain Transformation Are Accelerating
Key Takeaways Cantor Fitzgerald predicts Bitcoin could face an extended downtrend, signaling a potential “Crypto Winter” by 2026.…
Caixin: Digital RMB Wallet Balances to Begin Earning Interest in 2026
Key Takeaways: Starting January 1, 2026, digital RMB wallets will earn interest on balances. The operational structure will…
App