Switzerland Built a Faster Path Without Cutting Corners These watchdogs are called self-regulatory organizations, or SROs. Instead of throwing every financial business …
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The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure. www.coindesk.com
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Analysis
Trump Unveils 21,000 Securities Trades Worth at Least $858,000,000 in First Year Back as US President
by shayaanby shayaanPresident Trump’s investment advisers carried out more than 21,000 securities trades across eight accounts during his first year back in the White …
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Finance
Elon Musk’s Net Worth Falls Below $900 Billion After SpaceX Stock Retreat
by shayaanby shayaanElon Musk’s net worth has dropped below $900 billion after a decline in SpaceX shares wiped out more than $500 billion from …
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Investors who bought SpaceX (NASDAQ: SPCX) stock at its initial public offering (IPO) price one month ago have seen a modest gain …
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Markets
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
by shayaanby shayaanFirst, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of …
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Smart Contracts
SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
by shayaanby shayaanIn short SpaceX’s stock surge following last week’s IPO could benefit FTX’s creditors, as the defunct crypto exchange took a stake before …
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Michael Saylor doubled down on his Bitcoin conviction today, but while he did that, his MicroStrategy CEO, Phong Le, sold roughly $11.1 …
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Markets
Strategy buys 1,550 bitcoin, first time since selling $2.5 million worth of BTC
by shayaanby shayaanStrategy adds bitcoin and cash after raising $181 million through stock sales. www.coindesk.com
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Analysis
Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment
by shayaanby shayaanAlphabet, the parent company of Google, announced Monday it is raising $80 billion in new equity capital to expand its artificial intelligence …