The company anticipates dispatching a circular to shareholders by November 30, detailing the proposed acquisition.
Bitcoin is up 122% year to date on the speculation of the first spot ETF approval in the United States.
This positions Cboe Digital as the first U.S. regulated cryptocurrency native exchange and clearinghouse to facilitate both spot and leveraged derivatives trading on a unified platform.
This move by Distribuidora Morazán is a strategic endeavor to promote and foster business-to-business Bitcoin adoption in El Salvador.
The Federal Reserve attempts to silence criticism of its FedNow service, highlighting the clash between centralized control and decentralized freedom in the financial world.
The additional capital injection will be directed towards expanding market presence, diversifying the product range, and growing the team.
The company now holds 158,400 BTC worth over $5.4 billion.
Bitcoin payments firm OpenNode are facilitating the transactions.
SEC Chair Gary Gensler took to X to commemorate the 15th anniversary of the Bitcoin white paper.
The price of BTC continues to rise as hype builds for a spot Bitcoin ETF approval and the halving next year.