Strategy raises $467M without buying Bitcoin
Strategy raised US$466.7 million by selling 4.8 million shares while keeping its Bitcoin (CRYPTO:BTC) holdings unchanged at 843,775 BTC.
Strategy raised US$466.7 million by selling 4.8 million shares while keeping its Bitcoin (CRYPTO:BTC) holdings unchanged at 843,775 BTC.
Chainlink (CRYPTO:LINK) is providing onchain net asset value data for Fidelity Investments' tokenised money market fund, Fidelity Treasury Digital Fund (FILQ).
US President Donald Trump urged the Senate to pass the Digital Asset Market Clarity (CLARITY) Act after Senator Lindsey Graham died on Saturday.
Reed Smith launched Aquarius, a platform that helps crypto companies comply with the European Union's Markets in Crypto-Assets (MiCA) rules.
Bolivia is considering adding Tether (CRYPTO:USDT) to its national payment system as the country continues to face a shortage of US dollars.
Solana (CRYPTO:SOL) shared Nibble's announcement that its social launchpad is now live on the Solana mainnet, giving early users access to the platform.
Kraken launched a debit card for eligible customers in the UK and European Economic Area that lets them spend crypto and cash from their Kraken accounts.
Hyundai Motor completed a US$20,000 treasury payment pilot using Tether (CRYPTO:USDT) between its US and Mexican subsidiaries.
Investors are preparing for a significant earnings week as five of the six largest US banks, including JPMorgan, Citi, Wells Fargo, Bank of America, and Goldman Sachs, are scheduled to report their quarterly results within a few hours of each other. Mike Mayo, Head of US Large-Cap Bank Research at Wells Fargo, joined the program to share his outlook. He expects overall bank earnings to increase by 15 to 20 percent year-over-year, driven by a combination of strong Wall Street trading revenues and robust commercial loan growth on Main Street. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Steve Klinsky, Founder and CEO of New Mountain Capital, discussed the current state of private markets. He noted that recent redemption requests were primarily from retail investors in credit funds, which did not significantly impact institutional investor appetite. Klinsky highlighted that smarter institutional investors are increasingly moving into credit to capitalize on lower prices. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Gil Luria, D.A. Davidson technology and research head, says the fundamentals are still looking good for semiconductor and AI-related stocks. He speaks on "Bloomberg The Close."
Michaels CEO David Boone joined the hosts to discuss the company's recent growth and strategic transformation. Boone addressed the challenge of changing Michaels' longstanding reputation as a 'grandmother's store' into a more contemporary and beloved brand. He speaks with Romaine Bostick & Katie Greifeld on "The Close."