MicroStrategy proposes $500 million debt sale to boost BTC stash. The Nasdaq-listed firm currently holds 214,400 BTC. Nasdaq-listed business intelligence firm and bitcoin holder MicroStrategy (MSTR) announced Thursday that it intends to offer $500 million aggregate principal amount of convertible senior notes due 2032, proceeds of which will be used to acquire additional bitcoin and […]
Tag: 500m
German defence minister pledges new €500m arms package to Ukraine
German Defence Minister Boris Pistorius announced a new German arms package worth €500 million ($542 million) to support Ukraine during a visit to the port city of Odessa. He met with Ukrainian Defence Minister Rustem Umerov to discuss Kiev’s military needs. “We will continue to support you in this defensive campaign,” Pistorius said on Thursday […]
Orlando to receive over $500M in federal grants for high schoolers and low-income seniors
Orlando is set to receive more than half-a-million dollars that will support programs aimed at helping high schoolers and low-income seniors, according to a recent announcement from Congressman Maxwell Frost. ▶ WATCH CHANNEL 9 EYEWITNESS NEWS The City of Orlando’s Operation AmeriCorps program, and non-profit organization Volunteers for Community Impact Incorporated programs will receive $652,727 […]
Mitchell cement plant awarded $500M to study feasibility of carbon capture and storage
MITCHELL, Ind. — The U.S. Department of Energy announced it is awarding up to $500 million in funding for carbon capture, transport and storage at the Heidelberg Materials Mitchell K4 cement plant, putting Mitchell, Indiana, at the forefront of carbon dioxide emission reduction in the cement industry. “This no doubt an exciting day for Heidelberg […]
Middletown Works steel plant may get $500M from Biden to go green
Cleveland-Cliffs announced Monday its Middletown Works steel production complex is in the running to receive up to $500 million in federal funding to build three new plants to reduce carbon emissions. The new facilities would replace a blasting furnace on site with three facilities powered by hydrogen and natural gas. The company said if it […]
Trump Claims He’s Scraped Together Almost $500M ‘IN CASH’ as Fraud Bond Deadline Looms
Donald Trump says he’s managed to pull together almost half a billion dollars to pay his eye-watering appeal bond owed to New York state after he and his companies were found liable for fraud. The GOP’s presumptive nominee claimed in recent legal filings that he hasn’t been able to secure more than $460 million required […]
Out of options, Trump will pay $500M cash bond to appeal his NY fraud case, experts predict. Not paying will hurt even more.
Israeli protesters breach Gaza checkpoint, with some advancing 500m
Israeli demonstrators have forced their way through a military checkpoint during a protest at the Erez border crossing to the Gaza Strip and entered the sealed-off Palestinian coastal area, according to the Israel Defense Forces (IDF). Around 100 protesters had previously gathered at the crossing north of the Gaza Strip, Israel’s military confirmed upon request, […]
Trump’s legal woes have now set him back by more than $500m – how will he pay?
Donald Trump awoke on Saturday facing a stark new reality of legal obligations in excess of half a billion dollars after his stunning defeat in his civil fraud trial a day earlier, and questions swirled over his ability, or intention, to pay. Related: Letitia James: the New York state attorney general who brought down the […]
Rudy Giuliani’s Chapter 11 filing lists debts totaling up to $500m
Paperwork submitted in Rudy Giuliani’s filing for bankruptcy protection reveal the daunting extent of debts faced by the former New York mayor turned Trump lawyer. It is a mountain added to this week by a $148m award to two former Georgia election workers. Related: Giuliani files for bankruptcy after judge rules Georgia election workers can […]