MicroStrategy’s largest Bitcoin financing vehicle is under pressure. Strategy Favorite STRC stock fell below its intended $100 level this week, raising new questions about the company’s convoluted plan to continue buying bitcoin through Wall Street-style securities. The sale drew additional…
Key takeaways Strategy’s common stock fell nearly 6%, settling around $109 after STRC’s preferred stock fell to an all-time low of $89. A fall in STRC’s price below the $100 par value has suspended the strategy’s ability to issue additional…
BlackRock, the world’s largest asset manager with more than $10 trillion under management, has launched a new bitcoin exchange-traded product designed to generate monthly income for investors — a move the company’s top ETF executive says is aimed at attracting…
Will ADA drop to $0.13 in the coming days? ADA – Cardano’s native currency – has been hit hard by the ongoing bear market, while recent worrying statements from co-founder Charles Hoskinson have only worsened its condition. With stockholders clinging…
The dollar continues to advance for the second day in a row and recorded its highest level in more than a year on Thursday. The Federal Reserve’s hawkish stance on Wednesday sparked a new rally for the dollar, as signs…
Mfeki Makai, CEO of KoBold Metals Africa, will participate in the African Mining Week (AMW) in Cape Town, which will be held from 14 to 16 October. MacKay’s participation will focus on artificial intelligence (AI) and its role in mineral…
Euroseas Ltd., a container ship owner and operator and provider of ocean transportation of containerized cargo, today announced its options for the construction of two additional modern fuel-efficient, gearless, 1,800 TEU vessels, to be built at Nantong CIMC Sinopacific Offshore…
State-owned Norwegian energy giant Equinor has unveiled a development concept that aims to combine several discoveries in the North Sea into a single project, with total resources estimated at approximately 240 million barrels of oil equivalent, making it one of…
CME Group filed a lawsuit against the US Commodity Futures Trading Commission after the regulatory body approved cryptocurrency futures contracts that had already generated more than $1 billion in trading volume. summary The Chicago Mercantile Exchange has filed a lawsuit…
On behalf of Marvell Technology, Inc. (NASDAQ: MRVL) The stock rose ahead of its confirmed June 22 entry into the S&P 500, and KeyBanc issued an upside price target for the next 12 months. On June 18, the company raised…
