The day before eToro's IPO the company said it saw "upsized" pricing of its stock at $52 per share.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Matt Hougan compared blockchains to internet investing in 2004, likening Bitcoin to Google and arguing for diversified crypto exposure.
The gap between Bitcoin and Ether could close in coming weeks and months as investors allocate capital to more risk assets aside the so-called digital gold.
Ethereum has generally underperformed this cycle, but has suddenly jumped 65% over the past 30 days and nearly 100% since its April lows.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase is set to join the S&P 500 — a move that could see billions of dollars allocated to COIN, according to analysts at Bernstein.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nakamoto Holdings and KindlyMD have entered into a merger agreement to start a bitcoin treasury strategy, with David Bailey as CEO.
The company's holdings now total around 2.7% of the total 21 million bitcoin supply — worth over $59 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The U.S.-based crypto exchange missed analysts' expected earnings per share by a wide margin, according to its latest filing.
Despite the revenue increases, both companies also registered a net loss with MARA losing $533 million and CleanSpark $139 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Superstate was among several firms to propose an SEC-backed framework to bring Wall Street stocks to the blockchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
K33 analysts argue that 2025 will be different from prior summer lulls, with multiple Trump-driven catalysts on the horizon.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"Strife and Strike, are the first AI-designed securities that I know of, certainly in our industry." Saylor said during a live discussion.
The thesis rests on Canaan’s vertically integrated model, combining high-performance ASIC development with the expansion of its proprietary bitcoin mining operations.
Hougan remains optimistic on crypto prices this year if the U.S. Congress can get stablecoin and market structure bills passed.
At the current bitcoin price of around $94,000, Michael Saylor's Strategy is sitting on a paper gain of about $14.2 billion.
The company trades on Nasdaq at a market cap of around $48.5 million, far less than the funds it's seeking to raise.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The brokerage's management team said April generated about $8 billion in crypto volume, which was below the $15 billion monthly average in Q1.
MSTR announced a bold “42/42 Plan” to raise $84 billion by 2027 to significantly expand its bitcoin holdings.
"Our business model is to securitize Bitcoin," Michael Saylor said last month on a webinar hosted by The Block. "We'll just keep buying."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Japanese investment firm Metaplanet plans to establish a U.S. subsidiary in Florida this month as part of its global expansion strategy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.