Here’s what SpaceX’s IPO means for its $1.3 billion bitcoin reserve
Summary SpaceX’s record-breaking Nasdaq debut also introduced the largest bitcoin position ever attached to an IPO, with 18,712 BTC held…
Author: US_admin_Finance
Bitcoin sales are necessary for Strategy’s digital credit business, Saylor says
Michael Saylor, executive chairman of Strategy, defended the company’s recent Bitcoin sale, saying the ability to sell the asset is…
Kevin O’Leary Defends SpaceX’s IPO Valuation, Calls it a ‘Bet on Vision’
Canadian entrepreneur and billionaire investor Kevin O’Leary has defended SpaceX’s lofty valuation following its record stock market debut, arguing the…
Peter Schiff Slams Elon Musk for Lacking ‘Real Income’ Amid Trillionaire Milestone
Elon Musk is among the most discussed individuals in the global markets now, after securing the trillionaire status on Friday.…
Breaking: BlackRock Invests $882M In Elon Musk’s SpaceX IPO
SpaceX’s record-setting public offering made BlackRock one of the biggest institutional investors in the company. The asset manager acquired approximately…
Legacy sportsbooks are chasing prediction markets that already trade billions each month
DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it…
Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
Summary Major crypto exchanges like OKX, Kraken and Hyperliquid are rapidly adding perpetual futures and tokenized markets for stocks, commodities…
U.S. market crash ‘endgame’ has begun, warns senior commodity strategist
The endgame of a potential U.S. market crash may have already begun, according to Bloomberg senior commodity strategist Mike McGlone.…
XRP ETF Inflows Outpace Bitcoin and Ethereum for Fifth Week
$XRP exchange-traded funds (ETFs) have continued to attract fresh capital, outpacing both Bitcoin and Ethereum for five consecutive weeks. Despite…