Metaplanet stock price is in a free fall, erasing some of the gains made after its pivot to Bitcoin accumulation. Summary Metaplanet share price has slumped by 63% from the year-to-date high. Bitcoin treasury stocks have plunged in the past few months. Technical analysis points to more downside in the coming weeks. Metaplanet shares have plunged to ¥709, their lowest level since May 19, and 63% from their highest point this year. This performance makes it one of the worst-performing Bitcoin treasury companies in the industry. Have Bitcoin treasury firms…
Tag: Stock
ETHEREUM AND BITCOIN NEWS!!
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BITCOIN INVESTORS I HAVE URGENT NEWS FOR YOU!!
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4 Crypto Coins Will Skyrocket in 27 Days (Don’t Miss Out)
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ARK Invest Buys BitMine and Bullish Stock Across Flagship ETFs
Cathie Wood’s ARK Invest has continued its crypto stock shopping spree, adding more shares of BitMine Immersion Technologies and crypto exchange Bullish across its flagship ETFs. According to trade disclosures from Friday, ARK’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively bought over 387,000 shares of BitMine and 144,000 shares of Bullish. Based on recent market prices, the purchases amount to roughly $16 million in BitMine and $7.5 million in Bullish stock. The biggest BitMine buy came from ARKK with 257,108 shares, followed by…
American Bitcoin stock surges then dumps on Nasdaq debut
American Bitcoin Corp. stock swang sharply on its Nasdaq debut, surging over 90% before wiping out most of its gains and closing the day up just 16.5%. Summary American Bitcoin stock surged to $13.20 in early trading before dropping 49% to $6.72 and closing at $8.05, up 16.5%. The debut gave the Trump-linked Bitcoin miner a $5B valuation, with 2,443 BTC worth $273M in reserves. Nasdaq halted trading five times due to sharp swings, though the stock climbed another 5% after hours. American Bitcoin Corp., a Bitcoin mining and accumulation…
Galaxy Digital Announces Stock Tokenization on Solana
Key Notes Galaxy Digital has become the first Nasdaq-listed company to tokenize SEC-registered stock directly on Solana. The tokenization is managed by Superstate, a registered transfer agent, ensuring real-time legal ownership updates. 21 investors have already tokenized a total of 32,374 shares on Solana through Superstate’s Opening Bell platform. Galaxy Digital, the crypto investment firm led by Mike Novogratz, has become the first publicly traded company to tokenize its SEC-registered equity directly on a major blockchain. Through a partnership with fintech firm Superstate, Galaxy’s Class A common shares can now…
Galaxy Digital Stock Tokenized on Solana Blockchain
Galaxy Digital, the cryptocurrency investment firm founded by Mike Novogratz, has tokenized its publicly traded stock, positioning the shares for use within decentralized finance (DeFi) as institutional interest in tokenization grows. The company said Wednesday that its Class A common shares, listed on both Nasdaq and the Toronto Stock Exchange under the ticker GLXY, can now be tokenized and fractionalized on the Solana blockchain through Superstate’s Opening Bell, a platform for tokenizing public companies. Superstate, a fintech firm, will act as the SEC-registered transfer agent. Unlike synthetic products or derivatives,…
Decoupling: Crypto Goes Up While US Stock Market Goes Down
Key Notes Bitcoin trades at $110,987 with 1.58% gains while S&P 500 falls 1.48%, breaking traditional correlation patterns on September 2. Altseason Index reaches 61 on Coinglass as Bitcoin Dominance drops from 65% cycle peak to 58%, indicating capital rotation to altcoins. Strategy purchased 4,000 BTC worth $449 million while crypto total market cap rises 1.5% to $3.77 trillion intraday. Historically, the cryptocurrency market, led by Bitcoin BTC $110 569 24h volatility: 1.3% Market cap: $2.20 T Vol. 24h: $53.31 B , has registered a significant correlation to the US…
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