Investors who bought SpaceX (NASDAQ: SPCX) stock at its initial public offering (IPO) price one month ago have seen a modest gain …
worth
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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 …
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JPMorgan Chase could deploy as much as $20 billion on an acquisition over the next few years, CEO Jamie Dimon said Wednesday …
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Mining
Thai authorities bust illegal Bitcoin mining ring, seize equipment worth thousands
by shayaanby shayaanBitcoin mining is an energy-hungry business even when you’re paying for the power. When you’re not, it tends to attract attention from …
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Finance
$1,000 invested in Bitcoin when Trump won the election is now worth this much
by shayaanby shayaanBetween the stance of the Securities and Exchange Commission (SEC) during President Biden’s term and President Donald Trump’s campaign promises, it is …
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Mining
Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion – Bitcoin News
by shayaanby shayaanThis article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …