SpaceX IPO Filing Shows Musk Building an AI and Space Infrastructure Giant
In brief SpaceX publicly disclosed its IPO filing ahead of a planned Nasdaq debut under the ticker SPCX. Elon Musk will retain majority voting control...
Tag : giant
Bitcoin Giant Strategy Gets Price Target Boost From TD Cowen After $2 Billion BTC Buy
In brief TD Cowen analysts have upgraded the price targets for shares of Strategy (MSTR) to $400 per share. The upgrade comes as Strategy continues...
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
In brief Strategy has entered into an agreement to repurchase $1.5 billion of its 2029 convertible senior notes for an estimated $1.38 billion The move...
Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss
In brief Coinbase posted a $394 million Q1 net loss, marking its second consecutive quarterly loss. Net revenue fell 31% to $1.4 billion, missing analyst...
Iran crypto giant Nobitex hit by sanctions questions: Reuters
Iran’s largest crypto exchange, Nobitex, is facing fresh scrutiny after Reuters reported that two brothers from Iran’s influential Kharrazi family founded the platform under an...
Twenty-One Weighs Mergers With Strike, Elektron to Create Publicly Traded Bitcoin Giant
In brief Tether Investments announced proposals for a triple merger between Twenty-One Capital, Strike, and Elektron Energy to create an integrated Bitcoin platform. XXI holds...
Stablecoin Giant Tether Reveals Plans for Modular Bitcoin Mining Hardware
In brief Tether unveiled plans for modular Bitcoin mining systems that separate compute from power and cooling infrastructure. The company partnered with Nasdaq-listed Canaan Inc....
Bitcoin Giant Strategy's Buying Pace Falls 91% Amid STRC Cooldown
In brief Strategy’s acquisition pace slowed 91% week-over-week, underscoring how its flagship preferred share has become a dominant driver of Bitcoin purchases. The company has...
Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report
US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle Massena East smelter in upstate New York to Bitcoin mining firm New...