Markets3m read
Fold Holdings Sells Bitcoin to Clear Debt, Stock Jumps
Fold Holdings sold $45 million in Bitcoin to eliminate secured debt, causing its stock to surge and freeing up capital for new growth initiatives.
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Markets1m read
Analysts Issue Bearish Coinbase Outlook Amid Derivatives Competition
Compass Point analysts have reiterated a bearish $140 price target for Coinbase, citing intense competition in the cryptocurrency derivatives market as a key concern.
Bitcoin1m read
MicroStrategy Sells 32 BTC, Raises $128.3 Million in Stock Offering
MicroStrategy sold 32 BTC in its first Bitcoin divestment since 2022, while also raising $128.3 million through stock sales, causing its stock to fall.
Markets1m read
Lenovo Stock Doubles in May Amid AI Server Boom
Lenovo's stock experienced a significant rally in May, driven by robust AI-related revenue and strong market confidence.