News with the tag "companies"

GameStop made headlines this week when it confirmed a major Bitcoin purchase. The retailer bought 4,710 BTC for about $513 million. The money came from cash raised in March through a $1.4 billion convertible notes sale. This is the first time GameStop has put crypto on its balance sheet. High Stakes...

Gamestop just ignited a Wall Street frenzy by snapping up 4,710 bitcoin—catapulting its stock skyward and electrifying its pivot into digital asset dominance. Gamestop’s 4,710 Bitcoin Acquisition Powers GME Shares Higher Game retailer Gamestop Corp. (NYSE: GME), known for selling video games and con...

Strive Asset Management and Asset Entities Inc. (Nasdaq: ASST) announced a $750 million private investment to fund their first wave of bitcoin acquisitions, aiming to establish Strive as a leading bitcoin treasury company focused on long-term outperformance. Strive Eyes Bitcoin Dominance With No-Deb...

Jiuzi Holdings, Inc. plans to acquire 1,000 bitcoins over the coming year through a combination of fresh stock issuance and direct cash purchases, the company revealed this week. Jiuzi Holdings to Raise Capital Via Stock, Cash for 1,000 Bitcoin Investment The Hangzhou-headquartered enterprise, Jiuzi...

MARA Holdings, Inc., the fifth-largest bitcoin mining pool by hashrate, has allocated 500 BTC to Two Prime’s managed yield strategies, expanding a partnership aimed at generating risk-adjusted returns from its corporate treasury. Two Prime, MARA Deepen Bitcoin Yield Strategy Collaboration MARA Holdi...

In recent weeks, a wave of publicly listed companies disclosed new bitcoin purchases intended for their balance sheets, and two more enterprises have now declared similar intentions. One is a craft distilling company based in the United States, while the other operates in Singapore’s medical service...

Meta is secretly pursuing a new direction into crypto , almost three years after it closed its struggling Diem project. The aim this time is not to build a new digital currency but to leverage current stablecoins to facilitate small payments between platforms such as Instagram. The company, accordin...

SOL Strategies Inc. announced plans to explore tokenizing its equity on the Solana blockchain through a non-binding partnership with financial technology firm Superstate, potentially becoming the first public company to do so. Non-Binding Pact Could Pave Way for Solana-Based Share Tokenization The T...

Sofi is storming back into crypto with full force, leveraging a pivotal regulatory shift to embed digital assets across its financial ecosystem. Regulatory Update Sparks Sofi’s Crypto Reentry Anthony Noto, chief executive officer of fintech company Sofi, confirmed in an interview with CNBC on Monday...

Coinbase’s CEO is urging companies to dive into crypto’s explosive growth, championing unstoppable institutional adoption and a soaring total addressable market transforming global finance forever. ‘The Water Is Warm, Everyone Should Come in’ Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq:...