- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
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
WEEX Alpha Awakens Final Round Has Officially Begun
Day 1 of the WEEX AI Trading Hackathon Final Round is now live! Watch top algorithmic trading strategies compete with real capital. Follow the action from Feb 3–16, 2026, with $880K+ in prizes. Tune in live now. #AITrading #TradingHackathon
WLFI Team Meeting, Ally Meeting, Seaside Villa Cryptocurrency Business Kickoff
OpenClaw Hackathon, What are some projects worth checking out
The Bithumb 2000 BTC Mistake: The Fundamental Issue with CEX Ledgers
LayerZero releases L1 chain Zero, CZ appears on the All-In podcast, what's the overseas crypto community talking about today?
Binance Alpha has turned the airdrop into a "blind box" game
AI Wars: WEEX Alpha Awakens - The Global AI Trading Hackathon Redefining Financial Markets
Compete in WEEX's global AI trading hackathon with $880K+ prize pool. Build & test algorithms in live markets. Bentley & crypto prizes await top AI trading strategies. Join now!
Kyle Samani's Exit Scam, Is There More to the Story?
February 10th Market Key Intelligence, How Much Did You Miss?
Tokenomics New Paradigm? When Backpack Starts Enabling VCs to "Deferred Gratification"
BankrCoin Achieves New Milestones as YZi Labs and ETH Investors Make Significant Moves
Key Takeaways BankrCoin (BNKR) hit a new all-time high with significant market activity. YZi Labs executed a major…
Bitcoin Tests $75K Amid Market Predictions
Key Takeaways Bitcoin shows a 47% chance to test the $75,000 mark this February, contrasting with a potential…
MrBeast Acquires Step to Enhance Financial Offerings for Youth
Key Takeaways YouTube star MrBeast has acquired the financial services platform Step through Beast Industries. The acquisition aims…
Polymarket Predicts Bitcoin Uptrend as MrBeast Ventures into Fintech
Key Takeaways Bitcoin’s Potential Surge: Polymarket denotes a fluctuating probability of Bitcoin achieving $75,000 in February, reflecting volatile…
MrBeast Enters Financial Services with Step Acquisition
Key Takeaways Binance announced an Alpha Airdrop event, highlighting the growing trend of gamified airdrops. Bitcoin prediction markets…
Analysts Predict Bitcoin May Fall to $55K as Support Levels Threaten
Key Takeaways Analysts suggest a potential drop of Bitcoin to $55K if current support levels are breached. Galaxy…
Analysts Predict Bitcoin May Drop to $55K Amid Support Challenges
Key Takeaways Experts caution that Bitcoin could fall to $55,000 if current support levels are breached. The market…
Bitcoin May Decline to $55K: Analysts Warn
Key Takeaways Analysts project Bitcoin could drop to $55,000 if key support levels fail. Technical analysts forecast that…
WEEX Alpha Awakens Final Round Has Officially Begun
Day 1 of the WEEX AI Trading Hackathon Final Round is now live! Watch top algorithmic trading strategies compete with real capital. Follow the action from Feb 3–16, 2026, with $880K+ in prizes. Tune in live now. #AITrading #TradingHackathon
App