Strategy (formerly MicroStrategy) raised $335. 5 million by selling common stock last week, then placed almost 90% of the proceeds into cash rather than Bitcoin as the company moved to shore up the preferred securities financing its cryptocurrency purchases. The company sold about 2.
The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.
The new unit arrives amid rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from roughly $768 million to more than $2. 5 billion over the past year.
Wall of Entertainment studio is set to premiere two new original series, “Substitute Teacher” and “House Rules,” on Tubi this summer. The partnership marks the UK-based studio’s first projects produced in the United States.
Comprehensive cross-platform coverage of the U. S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Some of Ethereum's largest holders are coming together to fund a new research and development lab aimed at boosting the network and ETH.