Markets
MicroStrategy Poised to Join Nasdaq-100 Index
MicroStrategy, known for its massive bitcoin holdings, is on the verge of joining the Nasdaq-100 Index, a move that could bring $2.1 billion in ETF investments.
MicroStrategy, known for its massive bitcoin holdings, is on the verge of joining the Nasdaq-100 Index, a move that could bring $2.1 billion in ETF investments.
MicroStrategy completes a $3 billion convertible notes offering to fund Bitcoin purchases, boosting its holdings to over 331,200 BTC and cementing its position as the largest corporate Bitcoin treasury.
MicroStrategy achieved a historic milestone as its stock (MSTR) became the most traded in the U.S. by dollar value.
MicroStrategy solidifies its position as the largest corporate Bitcoin holder with a $4.6 billion purchase of 51,780 BTC.
Robinhood has entered the political betting market, offering contracts on the 2024 U.S. presidential election.
Bitwise is merging three futures-based funds into the new Trendwise Bitcoin and Treasuries Rotation Strategy ETF, designed to reduce volatility by shifting between Bitcoin futures and U.S. Treasuries.
The SEC may challenge the FTX bankruptcy estate's plan to repay creditors using stablecoins, potentially complicating the process and setting a precedent for the treatment of digital assets in bankruptcy cases.
Bitwise Asset Management's acquisition of ETC Group, Europe's largest physical Bitcoin ETP issuer, marks a major expansion into the European market.
