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Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.
Bitcoin Mining Profitability Slumps as Hashprice Falls to Multi-Month Low
Hashprice drops to $43.1 PH/s as bitcoin’s price correction, low fees and record hash rate squeeze miners’ margins.
Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings
Less than a week after hinting at an international perpetual preferred listing, Strategy unveils its 10% euro-based Stream issue targeting institutional investors.
Stream Finance Faces $93 Million Loss, Launches Legal Investigation
DeFi platform Stream Finance is engaging law firm Perkins Coie LLP to lead investigation after an external fund manager disclosed a huge loss.
Strive Proposes High-Yield Preferred Stock to Expand Bitcoin Holdings
The preferred shares, dubbed SATA, are set to carry an initial 12% annual dividend, payable monthly in cash.
Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser
Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.
Strategy’s Bitcoin Engine Hits New Phase With S&P Ratings Nod, Canaccord Says
The broker said the company's full-cap bitcoin strategy is maturing, as preferred equity drives accretion and a new S&P credit rating expands its investor base.
Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy
The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.
Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B
The company's 3.4 million of ETH tokens represents just shy of 3% of the total supply.
