DCX News & Events

Bitcoin faces a structurally significant options expiry on Deribit as spot prices slide toward multi-month lows, while Digital Currency X prices a $700M private placement uniquely payable in cryptocurrency. Hive Digital signs a 10-year GPU colocation letter of intent in Sweden and separately launches a new $100M convertible note offering, and CoinShares surfaces a structural visibility gap between European wealth managers and their clients' crypto holdings. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.BITCOIN EYES $10B OPTIONS EXPIRY:Bitcoinhit futures lows of $58,995 Thursday, its weakest level since October 2024 and roughly a 52% drawdown from its all-time high. The selloff arrives on a structurally dangerous session, with approximately $10B in notional bitcoin options set to expire on Deribit, a concentration thatwarned could deepen downside price action if spot fails to recover before the cut.DCX RAISES $700M IN CRYPTO-PAYABLE PIPE:Digital Currency Xentered a securities purchase agreement for a $700M private placement of units priced at $2.11 each, with each unit comprising one Class A ordinary share plus three warrants, the company. Uniquely, payment is accepted in USD or in digital assets including bitcoin and ether, with proceeds earmarked to expand its digital asset treasury and AI cloud services.HIVE SIGNS SWEDEN GPU COLOCATION LOI:Hive Digitalsigned a non-binding letter of intent with an investment-grade sovereign Swedish technology company for a colocation lease of up to 10 years at its 32 MW Boden, Sweden facility, with plans to retrofit the site to support up to 10,000 Nvidia GB300 GPUs at 25 MW critical IT load and rack densities of up to 150 kilowatts, as Hivein a regulatory filing. The LOI arrives days after Hive's BUZZ HPC division signed a $220M, three-year AI compute contract with Bell and Cohere covering 2,304 Nvidia Grace Blackwell GPUs, a deal that pushed Hive's contracted annual recurring revenue past $100M, per the.Separately on the same day, Hive subsidiary Hive Bermuda 2026 announced a new Rule 144A offering of $100M of 0% Exchangeable Senior Notes due 2031, with a $15M overallotment option exercisable within 13 days,. This is a second convertible raise, distinct from the $115M offering Hive closed in April 2026 to fund the Blackwell GPU purchase, with proceeds earmarked for GPU acquisition and data center development including the Boden buildout.COINSHARES WEALTH MANAGER SURVEY:CoinSharesreleased findings from a 2026 survey of 261 European wealth management professionals showing that 25% of advisors cannot view the majority of their clients' crypto holdings, and that firm policy rather than advisor knowledge or client demand is the primary barrier to crypto allocation advice,.HYPERSCALE TREASURY UPDATE:Hyperscale Datadisclosed that its combined cash, restricted cash, bitcoin, and silver holdings as of June 24 totaled approximately $94.8M, equivalent to 100.42% of the company's current market capitalization,while evaluating strategic alternatives.PRICE ACTION:As of time of writing, bitcoin was trading at approximately $59,623.16, while ether was trading at approximately $1,572.55,.

Digital Currency X Technology announced that it has entered into a securities purchase agreement with certain investors for a private placement of an aggregate of $700M of units of the company. Each Unit consists of one Class A ordinary share and three warrants. The purchase price per Unit is $2.11, and the Warrants have an exercise price of $2.11 per share, are exercisable on or after June 24, and will expire three years after such date.

Digital Currency X Technology received a written notification from The Nasdaq Stock Market, dated February 17, 2026, confirming that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and is therefore in full compliance with all applicable Nasdaq Capital Market listing requirements. As a result, the previously scheduled hearing before the Hearings Panel on February 24, 2026 has been canceled. The Company's securities will continue to be listed and traded on the Nasdaq Capital Market without interruption.