Solana Labs has completed a roughly $8 million private sale, with Mirae Asset leading the investment.
On April 27, Solana Treasury completed a private placement, issuing 3,076,922 shares of Class A common stock at $2.60 per share.
The offering raised approximately $8 million in gross proceeds, with net fundraising totaling roughly $7.9 million. Mirae Asset led the investment, and HashKey Capital participated as a backer.
The company plans to use the proceeds to boost its SOL holdings and fund daily operations.
Additionally, Solana Treasury entered into a put option agreement with subscribers. Under specific triggering conditions, subscribers may require the company to repurchase the shares at the original subscription price plus a 7% annualized internal rate of return (IRR).
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Tom Lee: Accumulated 4.21% of ETH Supply in 10 Months, Recently Accelerated Buying Due to Expectation of Market Being in Late Bear Cycle
April 27 — Bitmine Chairman Thomas "Tom" Lee announced today that the firm’s Ethereum (ETH) holdings have surpassed 5 million coins, hitting its target of holding 5% of total ETH supply in just 10 months.
Currently, Bitmine’s ETH accounts for 4.21% of the total ETH supply (120.7 million coins).
Over the past four weeks, Bitmine has ramped up its ETH accumulation—its core thesis is that ETH is now in the final phase of a "mini crypto winter."
Recent research, including Etherealize’s latest report, notes ETH functions as a "store of value" and will be used as collateral as digital assets gain mainstream traction in financial transactions. Since the Iran conflict erupted, ETH’s standout performance has underscored this new role: it has outperformed the S&P 500 by 1,696 basis points and remains the top-performing single asset globally (excluding oil).
Additionally, ETH is benefiting from two key bullish trends: Wall Street’s blockchain tokenization push and growing demand for p
7 minutes ago
Tether Launches Bitcoin Mining Open Infrastructure Layer MDK
On April 27th, Tether announced the launch of its Mining Development Kit (MDK) — an open-source, full-stack framework built to give Bitcoin miners and developers unified control over their entire infrastructure stack.
Featuring an open modular architecture and agnostic interface, the MDK combines a JavaScript backend SDK with a React UI component library. It’s designed to replace the closed proprietary systems that have fragmented mining operations over the years.
Suitable for all users — from home miners to gigawatt-scale mining farms — the framework supports Windows, macOS, and Linux, and helps avoid vendor lock-in. The MDK includes a standalone core layer (MDK Core) and a UI development kit, which enables rapid building of dashboards, automation workflows, mining pool management tools, and analysis pipelines.
Tether CEO Paolo Ardoino noted that the MDK will provide infrastructure support for the next generation of Bitcoin mining, centered on automation and optimization. Tet
7 minutes ago
Strive Increases Holdings to 789 BTC, Reaching a Total of 14,557 BTC
On April 27, Strive CEO Matt Cole took to social media to announce the company had spent approximately $61.43 million to acquire an extra 789 Bitcoin (BTC), at an average price of roughly $77,890 per coin.
As of April 24, Strive held a total of 14,557 BTC.
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The Trump Shooting Incident Banquet remained open to the public during the event, with reporters stating, "In fact, no one really read the invitation letter."
On April 27, Washington journalist Andy Sullivan—citing Reuters—reported that the Black-Tie Gala shooting occurred in an underground hotel ballroom. During the event, public access to hotel facilities (including check-in and taxi services) remained normal. The suspect called this a "crazy security loophole."
White House reporter Jacob Bogage commented: "The hotel’s entrance and back door had additional measures to secure VIP arrivals and departures, but security checks were inconsistent—lax at times, strict at others. Once, I showed only the back of an envelope holding my invitation to a staffer, and they let me through. Another time, I waved my invitation; no one actually looked at it closely before letting me in—it could’ve been anything."
7 minutes ago
Trump to Meet National Security Team to Discuss Next Steps on Iran
April 27th – U.S. President Donald Trump will meet with top national security officials today to review progress in talks with Iran, which are now at a standstill. Ahead of that meeting, he has called off plans for special envoys Steve Witkoff and Jared Kushner to travel to Pakistan for further discussions.
Officials will weigh next steps, including whether to resume previously suspended U.S. bombing raids following the recent extension of the ceasefire. Trump has cited Iran’s failure to put forward a satisfactory proposal, plus uncertainties around Tehran’s leadership and negotiating position, as reasons for pausing diplomatic efforts.
7 minutes ago
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