Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.
Nasdaq partnered with Payward, the parent company of cryptocurrency exchange Kraken, to build a gateway connecting traditional stock markets with blockchain networks.
Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.
Coinbase has launched 24/5 commission-free stock and ETF trading for all U.S. users, expanding beyond crypto in a bid to become an “everything exchange” and diversify revenue.
Coinbase is facing some selling pressure on Wall Street as analysts trim expectations and insider selling adds to investor unease ahead of the company’s upcoming earnings report.
Strategy faces the risk of being removed from major equity indices, with JPMorgan warning that MSCI’s January 15 decision could trigger up to $2.8B–$8.8B in passive outflows and deal a major blow to Saylor’s bitcoin-leveraged strategy.