Akshay Naheta will join Bakkt as co-CEO as the company looks at shedding some of its services “to focus resources on core crypto offerings.”
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Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin stash.
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Strategy’s fourth-quarter loss came as it stacked another 218,887 Bitcoin — its most aggressive quarter yet.
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Following a $1.3 billion merger, Coincheck’s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11.
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China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin.
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As a result of the reverse share splits, the Grayscale Bitcoin Mini Trust ETF and Grayscale Ethereum Mini Trust ETF are set to see 5x and 10x price increases, respectively.
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MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion.
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Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi operations to shift money into its Bitcoin mining and wallet businesses.
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Traders seized on optimism that the more pro-crypto Republicans may win a majority in Congress after taking the White House.
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Shares in Nvidia rose 2.84% during Tuesday trading, allowing the company to retake the top spot as the most valuable public company.
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Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to its stash over Q3 and into the start of November.
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Meta and Microsoft reported better-than-expected earnings for the last quarter on their AI businesses, but muted outlooks saw their shares drop after hours.
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COIN shares fell 5.2% in after-hours trading after earnings and revenue for the third quarter both missed analyst expectations.
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Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates.
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Michael Dell, the seemingly Bitcoin-curious founder of his namesake tech firm, sold 10 million shares of his company for the second time in September.
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