Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin
The capital raise will support balance sheet restructuring and the company’s bitcoin strategy.
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Investors Should Buy the Dip in Coinbase (COIN) and Circle (CRCL), Says William Blair
Coinbase’s (COIN) recent slump is an “air pocket,” not a warning sign, investment bank William Blair said in a report on Monday. The bank reiterated its outperform rating on the stock and urged investors to treat the crypto sell-off as a buying opportunity. Coinbase shares… Read More
Crypto Prime Broker FalconX to Buy ETF Provider 21Shares: WSJ
Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, the Wall Street Journal reported on Wednesday. The deal, terms of which were not disclosed, will allow FalconX to expand beyond market making and liquidity services into issuing crypto exchange-traded funds (ETFs), a… Read More