Shares of Galaxy Digital (GLXY) jumped 18% to $19.90 on Friday after the company approved a share repurchase program of up to $200 million, giving it authority to buy back its Class A common stock over the next 12 months. The buybacks may be executed… Read More
Cayman Islands-registered Buck Labs has introduced the “BUCK” crypto token, positioning it as a yield-bearing “savings coin” aimed at users seeking returns on dollar-denominated crypto holdings without relying on traditional stablecoins. The token is backed by shares in Strategy (MSTR) shares, the largest corporate holder… Read More
Strategy (MSTR) shares have declined for six consecutive months for the first time since the firm adopted bitcoin as a treasury asset in August 2020, according to a performance table shared Thursday by crypto analyst Chris Millas. In a Jan. 1 post on X, Millas… Read More
HashKey Holdings’ shares fell about 5% in their Hong Kong trading debut, a muted reception that underscores investor caution toward the exchange’s business model despite its dominant position in the city’s regulated crypto market. The stock opened below its IPO price and slid to around… Read More
American Bitcoin Corp. (ABTC), a U.S. focused bitcoin mining and treasury firm company founded by Eric Trump and Donald Trump Jr., saw its shares plunge as much as 50% on Tuesday. The drop came despite bitcoin rallying above $91,000 and gains for nearly all crypto-related… Read More
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation… Read More
