The Louisiana State Employees’ Retirement System increased its holding in Strategy (MSTR) from 20,600 to 21,300 shares, boosting its indirect exposure to Bitcoin. Strategy holds 843,775 BTC, making its stock closely tied to Bitcoin’s market price. This move reflects a growing trend among pension funds to gain crypto exposure through shares of Bitcoin treasury companies rather than direct Bitcoin ownership. The pension fund’s position remains a small part of its $16.3 billion portfolio but signals continued interest in Bitcoin-linked investments.
Dassault Systèmes has agreed to acquire ArisGlobal for approximately $1.8 billion in cash, with an additional potential $200 million based on AI-related revenue targets. This acquisition aims to create the first unified AI platform for life sciences,...
Nestlé and Platinum Equity have announced a 50:50 joint venture named Peranel, combining Nestlé's waters and premium beverages business. Peranel will manage over 30 brands, including S.Pellegrino, Perrier, and Acqua Panna, with products sold in 120 c...
The Rosen Law Firm is investigating a potential class action lawsuit on behalf of shareholders of America’s Car-Mart, Inc. following allegations that the company provided misleading business information. This comes after a significant stock drop of 1...
Circle has signed memorandums of understanding with Kakao Group and Toss to explore stablecoin payment systems, blockchain settlement, and digital asset infrastructure in South Korea. Kakao will assess KRW stablecoins and merchant settlements using C...
AMD is viewed as a compelling buy with a new base price target of $671 (21% upside) and a bullish target of $807.87 (45% upside). Its flexible AI infrastructure, including GPUs, CPUs, DPUs, and networking, makes it a strong alternative to Nvidia, esp...
