MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Expand Bitcoin Holdings – Decrypt
There is a saying that the early riser gets the worm. In MicroStrategy's case, it has been steadily accumulating Bitcoin for just over four years and is hoping to earn more. MicroStrategy made the announcement Monday night. Plans to raise $1.75 billion to purchase more of the world's largest virtual currency through convertible banknotes, and […]
MicroStrategy’s $26 billion Bitcoin cache is larger than IBM, Nike cash holdings – Yahoo Finance
(Bloomberg) — Michael Saylor's unusual decision to hold Bitcoin instead of cash on MicroStrategy's books has turned the once-obscure software maker into the upper echelon of one of the richest companies when it comes to financial assets. I jumped into the club. Most Read Articles on Bloomberg Listen to the Here's Why podcast on Apple, […]
Roaring Kitty offloads all Chewy holdings
Barrons Roundtable panelists provide their outlook on the market and discuss three things investors should consider. Keith Gill, the famous meme stock trader and influencer known as “Roaring Kitty,” acquired a 6.6% stake in Chewy over the summer, according to a Tuesday filing with the Securities and Exchange Commission. , currently owns no Chewy stock. […]
Why Arm Holdings Stock Took a Dive Today – The Motley Fool
ASML’s lackluster coverage has pushed down other AI stocks. shares of arm holdings (arm -11.99%) Today I received ~’s disappointing financial report and took it in stride. ASML Holdings (ASML -7.09%) This led to a widespread decline in artificial intelligence (AI) stocks. Arm was the worst performer in the group, ending the day with its […]
New bitcoin ETFs surpass 300000 BTC holdings in under two months – The Block
After less than two months of trading, nine newly created Spot Bitcoin exchange-traded funds now hold more than $300,000. BTC +11.33% Assets under management exclude Grayscale’s convertible GBTC fund. According to K33 Research, the nine new ETFs include Accumulated 303,002 BTC ($17 billion) as of yesterday’s close. These ETFs launching on January 11th include BlackRock […]
Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more – CNBC
In this photo illustration, the logo of American tech company Block is displayed and reflected on a number of digital screens on March 3, 2023 in London, England. Leon Neal | Getty Images Let’s check out the companies that are becoming a hot topic for after-hours trading. Intuit — Shares fell about 1% after the […]
Stocks making the biggest moves premarket: Home Depot, Walmart, Intel, Arm Holdings and more – CNBC
Check out the companies that are trending in pre-market trading. Home Depot – Shares fell about 2.5% after the company beat fourth-quarter earnings estimates on revenue and bottom line but issued guidance that was lower than expected. The company had expected full-year sales growth of 1%, compared with the 1.6% expected by analysts compiled by […]
Stocks making the biggest moves after hours: Disney, PayPal, Arm Holdings, Wynn Resorts and more – CNBC
Let’s check out the companies that are becoming a hot topic for after-hours trading. Disney — Shares rose about 6% in after-hours trading, buoyed by better-than-expected fiscal first-quarter profits. Disney said it expects adjusted earnings to increase 20% to $4.60 per share in 2024 and announced a new stock buyback program and reinstated dividend. The […]
Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings – CoinDesk
Bankrupt crypto financier Genesis filed a motion Friday asking a U.S. judge to approve the sale of more than $1.6 billion in Bitcoin. (Bitcoin),ether (Ethereum) and Ethereum Classic (etc) Held in Grayscale’s trust product. If this motion is approved, the market could see even more selling pressure on Bitcoin. Exchange FTX went bankrupt in January […]
BlackRock Bitcoin ETF passes $2B holdings as GBTC outflows dip 50% – Cointelegraph
Bitcoin (BTC) was stuck at $42,000 in Wall Street trading on January 29 as new exchange-traded funds (ETFs) began to outflow. BTC/USD 1 hour chart. Source: TradingView Bitcoin ETF comfortably absorbs GBTC outflows Data showed that BTC price trend continues to retreat from the local high of $42,800 seen over the weekend. Fresh off a […]