Prenetics (PRE), a health-sciences company that raised $48 million earlier this year, partially to build a bitcoin treasury, said it decided to stop purchasing BTC amid prolonged weakness in the cryptocurrency market. The company rolled out its bitcoin accumulation strategy in June, following a model… Read More
Even so, Microsoft has the depth and ecosystem strength to continue doubling down on AI data centers, said Prabhu Ram, VP for industry research at Cybermedia Research. According to Sanchit Vir Gogia, chief analyst at Greyhound Research, the departures come at a sensitive moment because Microsoft is… Read More
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin… Read More
Zohran Mamdani’s victory over Andrew Cuomo to become New York City’s 111th mayor drew record voter turnout and $424 million in Polymarket betting volume, leaving one trader nursing heavy losses after wagering against him. One bettor by the handle ‘fuxfux007’ is down $969,169 after betting… Read More
