Robinhood Markets is laying off approximately 290 employees, representing about 10% of its full-time workforce, as the company seeks to streamline operations and flatten its organizational structure. The firm is also closing open job positions as part of the restructuring effort. CEO Vlad Tenev said trading activity surged in June across equities, options, and prediction …
Hedge funds bought global equities at the fastest pace in four months through June 4, according to Goldman Sachs Prime desk data. North America and Asian emerging markets led inflows, while consumer discretionary stocks recorded a fifth consecutive week of net buying. Days later, U.S. markets fell sharply, with the Nasdaq dropping 4.2%, the S&P …
Investors are debating whether the upcoming SpaceX IPO could trigger selling in stocks and cryptocurrencies as funds raise cash to participate in the offering. With reports valuing SpaceX between $1.75 trillion and $2 trillion, some traders believe large investors may reduce existing positions to free up capital. The concern is that money allocated to a …
NVIDIA has introduced Nemotron 3 Ultra at Computex 2026, positioning it as its most advanced open-weights AI model. The company said the model achieved an Intelligence Index score of 48 in U.S. open-weights rankings, outperforming several competing models, including Gemma 4 31B. Nemotron 3 Ultra is designed for tasks such as coding, instruction following, and …
SpaceX revealed in a new SEC filing that it holds 18,712 Bitcoin worth roughly $1.45 billion at current prices. The company reportedly bought the Bitcoin at an average price of about $35,300 and has kept the holdings unchanged since the end of 2024, giving it major unrealized gains. The disclosure matters because it would make …
Elon Musk announced that Tesla and SpaceX will jointly build an advanced chip plant in Austin, Texas. Called “Terafab,” it will include two units, one for Tesla’s AI systems and another for SpaceX’s space-based data centers. Musk said the goal is to produce one terawatt of computing power each year, about double the current US …
After three months of inactivity, MetaPlanet has moved 4,986 BTC—worth about $368.3 million—into new wallets, likely redistributing funds rather than preparing an immediate sale. The transfers were split across multiple transactions, pointing to internal treasury management. The move comes as Bitcoin sees a slight pullback due to profit-taking, adding pressure across the market. At the …
Metaplanet reported a $619 million net loss for fiscal year 2025, primarily due to a $665.8 million unrealized valuation loss on its Bitcoin holdings. The loss stems from Japan’s mark-to-market accounting standards, which require companies to value crypto assets at prevailing market prices. As a result, fluctuations in Bitcoin directly impact reported earnings even when …
Strategy, formerly known as MicroStrategy, has reported a staggering fourth-quarter net loss of roughly $12.6 billion, ranking among the largest quarterly losses ever recorded by a U.S. public company. The hit was driven almost entirely by unrealized losses on its Bitcoin holdings, underscoring how deeply the firm’s balance sheet is tied to crypto market movements …
Bitwise Asset Management has announced the acquisition of Chorus One, a major institutional staking services provider, marking a strategic expansion into on-chain yield generation. As per the report, the deal brings Chorus One’s staking infrastructure into Bitwise’s ecosystem, which already oversees more than $15 billion in client assets globally. Although financial terms were not disclosed, …
Bitmine is doubling down on its Ethereum-first treasury strategy, with its latest purchases pushing total holdings beyond 4 million ETH. The move cements the company’s position as one of the most aggressive corporate accumulators of Ethereum and signals strong long-term conviction in ETH as a core balance-sheet asset rather than a short-term trade. The milestone …
Michael Saylor has confirmed that Strategy will stay out of Japan’s digital credit market for at least the next 12 months. The decision removes a major competitor from the region and gives Metaplanet a clear window to advance its Bitcoin-linked credit offerings. Strategy Steps Back and Leaves Japan Open At the Bitcoin MENA 2025 conference, …
Michael Saylor’s company, Strategy (MSTR), has shifted its approach in a major way, building a $1.44 billion U.S. dollar reserve and slowing down its Bitcoin accumulation. According to CryptoQuant, the move shows the company is preparing for weaker or choppy market conditions ahead. The reserve is designed to cover at least 12 months of dividends …
Strategy, the largest corporate holder of Bitcoin, is now at the center of a growing risk in global equity markets. Chairman Michael Saylor confirmed to Reuters that the company is actively engaging with MSCI after the index provider proposed a rule that could remove firms holding more than 50% of their assets in digital assets …
The broader crypto market remains stuck in a steep downturn, with Bitcoin now down more than 30% from its October peak and over $1 trillion wiped from global valuations. As confidence weakens and selling intensifies, a new fault line is emerging, one driven not by price action but by traditional finance. MSCI, one of the …
The crypto and stock markets opened on edge today, with traders waiting for the Federal Reserve’s next rate move. Bitcoin is holding near $110,776 after a rough week, while U.S. equities continue to swing between gains and losses. MicroStrategy’s S&P 500 Snub MicroStrategy (MSTR), the biggest corporate holder of Bitcoin under Michael Saylor, was widely …
Michael Saylor’s firm, MicroStrategy, has added 3,081 BTC to its treasury, spending $342 million on the purchase. This acquisition reinforces the company’s continued commitment to Bitcoin as a strategic asset. MicroStrategy remains the largest corporate holder of Bitcoin, with total BTC holdings exceeding 629,000 coins. The company’s disciplined purchase strategy highlights its confidence in Bitcoin’s …
Metaplanet, the Bitcoin-focused treasury firm, has been added to the FTSE Japan Index following a solid Q2, boosting its visibility with institutional investors and index-tracking funds. The inclusion recognizes improved performance and sustained Bitcoin strategy, positioning the company alongside major Japanese mid- and large-cap equities. This move could bring passive inflows and greater market credibility, …
Metaplanet has strengthened its Bitcoin position by purchasing an additional 103 BTC for $11.7 million. This latest move brings the company’s total Bitcoin stash to 18,991 BTC. At current market prices, that’s worth around $1.95 billion. The steady accumulation highlights Metaplanet’s growing confidence in Bitcoin as a core asset. With this purchase, the firm continues …
Japanese-listed company Metaplanet Inc. has added another 103 Bitcoin to its treasury, spending around 1.736 billion yen ($11.78 million). With this latest move, the company’s total Bitcoin stash has climbed to 18,991 BTC, representing a massive investment of nearly 285.8 billion yen ($1.94 billion). This purchase is part of Metaplanet’s ongoing Bitcoin Treasury Operations, a …
Michael Saylor’s Strategy purchased 155 bitcoin for about $18.0 million at an average price of roughly $116,401 per coin. Year-to-date 2025, the company reports a 25.0% BTC yield. As of August 10, 2025, Strategy holds approximately 628,946 BTC. The total cost of its stack is around $46.09 billion, implying an average acquisition price near $73,288 …
Sequans has bought 13 more bitcoin for about $1.5 million, paying an average of roughly $117,012 per coin. As of August 8, 2025, the company holds approximately 3,171 bitcoin. The total cost of its holdings is around $370 million, with an average purchase price near $116,709 per bitcoin. This latest buy shows continued conviction in …
Metaplanet has increased its investment in Bitcoin by purchasing an additional 463 BTC, spending $53.7 million on the recent acquisition. With this new addition, the company’s total Bitcoin holdings now stand at 17,595 BTC. The move highlights Metaplanet’s strong commitment to cryptocurrency as part of its investment strategy and demonstrates its confidence in Bitcoin’s long-term …
Real estate tycoon Grant Cardone has made waves by purchasing 1,000 additional Bitcoin, spending roughly $110 million during a recent dip in the market. The bold move highlights Cardone’s growing conviction in Bitcoin as an investment asset, adding to his already significant crypto holdings. Cardone’s buy comes as Bitcoin prices have been under pressure, signaling …
Metaplanet has revealed plans to supercharge its Bitcoin strategy, announcing an Extraordinary General Meeting (EGM) to seek approval for the issuance of new perpetual preferred stock. The proposal includes two classes: Class A (senior, non-convertible) and Class B (convertible). Alongside, Metaplanet filed a massive ¥555 billion shelf registration, giving itself the option to issue more …
Publicly traded Bitcoin mining company MARA has raised a staggering $900 million to expand its BTC reserves. This move signals continued confidence in Bitcoin’s long-term value and positions MARA as a dominant force in the mining sector. The funds will likely go toward increasing mining capacity and direct Bitcoin purchases. With market momentum building, MARA’s …
Crypto market sentiment remains strong as Bitcoin trades near $118,000, backed by growing institutional interest and continued ETF inflows. Capital is rotating into altcoins, and confidence is rising across the board. In this wave of bullish momentum, companies like Strategy (formerly MicroStrategy) are stealing the spotlight for their aggressive Bitcoin adoption. Now, Strategy has secured …
A Japanese-listed company, MetaPlanet, is preparing to launch Bitcoin-backed preferred stock. This new financial product could reshape Japan’s fixed-income market. With interest rates in Japan staying historically low, MetaPlanet plans to offer yen-denominated securities with high annual yields of 9 to 10 percent, using Bitcoin as collateral. The Problem in Japan’s Financial Market Crypto expert …
MicroStrategy is just one step away from joining the prestigious S&P 500 index. The final requirement? Profitability. Thanks to a recent accounting rule change, Bitcoin could be the catalyst that gets them there. With 592,345 BTC on its balance sheet, valued at over $63.7 billion, MicroStrategy is on track to post one of its most …
A new report from ‘MicroStrategist|BitcoinPower.Law’ uncovers an accelerating global trend: corporations are aggressively accumulating Bitcoin for their treasuries. While MicroStrategy holds a significant lead, smaller, agile firms are rapidly increasing their Bitcoin holdings, signaling a dynamic shift in the corporate crypto landscape. MicroStrategy’s Dominance: A Double-Edged Sword MicroStrategy remains the undisputed leader in corporate Bitcoin …