[Republic Technologies Secures $100 Million Zero-Coupon Convertible Bond to Increase Ethereum Holdings] BlockBeats news, November 10, according to The Block, Republic Technologies (Canadian Securities Exchange stock code: DOCT) announced on Monday that it has secured a $100 million zero-coupon convertible bond from a 'leading institutional investor' to expand its validator node business and increase its Ethereum holdings. Over 90% of the funds raised will be used to acquire ETH, with an initial $10 million already deployed. Republic disclosed that the transaction includes 50% warrant coverage, all priced at market value, avoiding the deep discount issues that previously troubled peers like BitMine Immersion and BTCS. The terms are defined as 'cash flow neutral,' allowing the company to deploy capital without the need for debt repayment.