Tesla Booked $80M Profit on Bitcoin Holdings in Q3
The company’s digital asset holdings were valued at $1.315 billion as of Sept. 30 versus $1.235 billion three months earlier. Source link
The company’s digital asset holdings were valued at $1.315 billion as of Sept. 30 versus $1.235 billion three months earlier. Source link
Michael Intrator calls the deal a “nice to have” as ISS and major investors urge shareholders to reject the proposed acquisition. Source link
Holder behavior, not external factors, emerges as the primary source of selling pressure as older coins move and profits are realized. Source link
The company hired industry veteran Jeffrey Thomas to lead new AI data center division. Source link
The company financed the acquisition by raising $18.8 million through the issuance of various perpetual preferred shares and common stock Source link
Two preferred stocks with different payout priorities and risk profiles are creating a significant yield gap. Source link
The company calls its offer for CORZ “best and final” as it counters hedge fund criticism and urges investors to back the deal. Source link
Bitcoin is now just 7% of gold’s total market value as it nears a $2 trillion market cap. Source link
While bitcoin hovers near $105,000, stronger government revenues and a record September surplus point to improving fiscal conditions. Source link
Once hailed as a fast track to bitcoin accumulation, PIPE financing now faces scrutiny as companies struggle with cratering share prices. Source link