American Bitcoin Corp approved a 1-for-15 reverse stock split, reducing its shares from about 1.09 billion to 73 million to avoid Nasdaq delisting due to low share price. This is the company's third reverse split in under two years, reflecting ongoing struggles with maintaining a share price above Nasdaq's $1 minimum. Despite stock challenges, American Bitcoin holds over 7,000 BTC valued at around $471 million, which supports its market value. The split aims to attract institutional investors who often avoid stocks priced below $5 to $10, potentially broadening the shareholder base.
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 ...
Global-e Online Ltd. has finalized its $350 million acquisition of Passport Global Inc., a US-based cross-border e-commerce logistics company. This acquisition enhances Global-e's shipping capabilities by integrating Passport's efficient, multi-carri...
