Republic Technologies raised $100 million for ETEREMEM expansions
Before turning to blocking infrastructure, Republic Technologies, which looks like more than medical technologies – has received a $100 million convertible note facility due to the terms of the company's financing.
Finance unusual terms for debate: – 0% interest rate, if the price of Ether (Ether) falls, the company has no intention of posting with Monday.
These characteristics are that the Republic does not have to meet the financial payments by spending the service of the debt and cannot default on the unwillingness to make the interest payments – a common issue for high-value digital asset companies.
He said that the construction of the Republic will contribute to the purchase of a woman and contribute to the security of the network and the infrastructure of Eheheleum's stability should be provided.
Republic likened the agreement to recent highs that have been enjoyed by ethereum companies. For example, BitMIN UTERUST (BMNR), for example, launch $ 365 million if these orders are used, attach 200% of the guarantee water order cover.
When new shares are issued, the ownership percentage of existing shareholders is reduced.
On the contrary, Republic Funding is valued at market size and is lower than many similar ones in the digital asset industry.
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Treasury credit credit price volatility continues
Republic is part of a group of public companies that tend to build large Ether exile (BTC) accumulation strategies. According to Conseecho, 18 government fields have a total value of approximately 17.3 billion dollars and contain 5.45 million agencies.
The price of these bonds fluctuated widely from the official price volatility. On Monday, en 3,100 rose to a total of more than $4,900 at a distance of $4,900.
Bitmin, the largest treasury company, will control the open auction on Monday. The company aims to increase its target to 5%.
Major drivers such as comfort regulation and steam growth will continue to drive the industry forward, he said, citing “CICPTO prices”.
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