FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
SWI Group has secured €800 million to expand its artificial intelligence infrastructure, transforming the FTX-supported Bitcoin miner Genesis Digital Assets into a…
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XRP’s next Wall Street expansion comes with an unexpected complication from Ripple
Evernorth is set to begin trading on Nasdaq under the ticker XRPN, introducing a massive corporate XRP treasury. However, its close ties…
Bitcoin treasury Strive risks cash reserve to fund $500M buyback and trim dividends
Bitcoin treasury firm Strive announced an optional initiative to buy back up to $500 million of its variable-rate perpetual preferred stock, surpassing…
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New SEC crypto rules threaten small advisers, but big firms win
The SEC's proposed alternative for cryptocurrency custody could expand investment options while favoring larger advisory firms, as high compliance and independent oversight costs may force smaller firms to forgo the…
Evernorth’s Nasdaq XRP treasury is approved, but its real buying power isn’t the $300 million expected
Roughly $88.5 million in closing-linked gross sources remains conditional, with expenses and spending choices deciding additional XRP demand. The post Evernorth’s Nasdaq XRP treasury is approved, but its real buying…
Why Strategy’s STRC calculator shows $210 for a share it can redeem at $101
Strategy's STRC credit calculator generated an illustrative price of $210.90 while market prices hovered near $99.50 and redemption options stood at $101. This discrepancy highlights formula limitations, including the omission…
BitMine nears 5% Ethereum threshold, yet stock valuation rules dictate its next move
BitMine Immersion Technologies is nearing its goal of controlling 5 percent of the Ethereum supply, holding over 6 million tokens. However, upcoming decisions will weigh share buybacks, cash reserves, and…