BitMine's shares dropped sharply even after the company purchased $73 million worth of Ethereum, increasing its holdings to about 4.8% of ETH's circulating supply. The firm aims to hold 5% of Ethereum by 2026 and generate returns through staking and DeFi activities, notably via its MAVAN staking platform. However, investors remain skeptical about the sustainability of BitMine's treasury-driven model and its ability to convert large crypto reserves into consistent earnings, especially amid volatile crypto markets. The company's future hinges on proving its staking rewards and business model can deliver long-term shareholder value.
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
MINISO Group reported a 22.4% year-on-year revenue increase to RMB 11.5 billion in the first half of 2026, led by a 26.2% growth in Chinese mainland sales and a 37.0% rise in North America. The company expanded its store network by 769 stores year-ov...
Precious metals prices rose on Friday, lifting shares of London-listed miners Endeavour Mining and Fresnillo on the FTSE 100. Endeavour Mining's stock increased by 2.26% and Fresnillo's by 1.83%, driven by gains in gold, silver, platinum, and palladi...
Capital B completed a €21 million private placement with institutional investors, including Adam Back and TOBAM, to fund its Bitcoin treasury strategy. The company issued 36.2 million shares with four warrants each, raising net proceeds of about €19....
U.S. Treasury yields showed little change early Friday as investors awaited Federal Reserve Chair Kevin Warsh's keynote speech at the Jackson Hole Economic Policy Symposium. The 10-year note yield was at 4.676%, the 30-year bond at 5.199%, and the 2-...
