American Bitcoin Corp. will execute a 1-for-15 reverse stock split on July 2, 2026, reducing its shares outstanding from about 1.09 billion to 73 million. This move aims to boost its share price to comply with Nasdaq's minimum bid price requirement and maintain its listing. Trading on a split-adjusted basis will resume July 6 under the same ticker but with a new CUSIP. The split does not affect the company's market value or bitcoin mining operations, which remain steady with significant bitcoin holdings and mining capacity.
Bitget Wallet has partnered with Robinhood Crypto to integrate Robinhood Chain, an Ethereum Layer 2 network for tokenized real-world assets. This allows Bitget's 90 million users to trade over 90 stock tokens, including major companies like NVIDIA, G...
In the first half of 2026, cybersecurity mergers and acquisitions reached a record 219 deals totaling $9.1 billion, driven by growing enterprise consolidation and the maturation of AI security companies. The market saw a landmark $4.175 billion acqui...
Applied Digital has completed Phase 1 of its second building at Polaris Forge 1, adding 75 MW of AI operational capacity and bringing the campus total to 175 MW. This on-time delivery highlights the company's efficient execution model and ability to ...
VSORA, a French semiconductor company, has strengthened its funding round with Ardian leading the investment to support the commercial launch of its AI inference processor, Jotunn8. This funding validates VSORA's advanced technology and positions it ...
In June, the S&P 500 Momentum Index surged 7.5%, outperforming all other S&P factor-based equity exposures and maintaining a strong 44.4% gain for Q2. This momentum trend also led year-to-date with a 36% gain, driven by investor preference for price ...
