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.
Stock
Strive tumbles 12% as reverse stock split stumps investors despite Semler acquisition
Upon completion, the combined firm would hold nearly 13,000 BTC, surpassing the holdings of Tesla and Trump Media & Technology Group.
21Shares' bitcoin and gold exchange-traded product debuts on London Stock Exchange
The ETP offers physically backed exposure to bitcoin and gold in a single investment vehicle.
Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
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
Korean Investors Ditch Bitcoin for AI Chips as Stock Market Soars
For years, South Korea was the global heartbeat of crypto speculation. It became the place where digital coins traded at a premium, and where retail investors moved markets overnight. The “Kimchi Premium” became shorthand for a national obsession: Rampant and frenetic trading activity unrivaled by… Read More
Bears Battle Critical Support Zone as BTC, Stock, and Gold Volatility Indices Surge
Bitcoin’s BTC$108,865.15 price is precariously hovering in the critical support zone amid a broadening surge in volatility indices across asset classes. The leading cryptocurrency by market value has dropped nearly 2.5% to $108,000 in 24 hours. It has entered the key support zone of $107,000… Read More