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AI IPOs from SpaceX, OpenAI, Anthropic may divert billions from Bitcoin investments.

Market News
05 Jun 2026
Cointribune
View Source
Bearish
pluang ai news

Major upcoming IPOs from AI and tech giants like SpaceX, OpenAI, and Anthropic could shift institutional capital away from Bitcoin. SpaceX plans a Nasdaq debut in June 2025, potentially raising $75 billion, while OpenAI and Anthropic aim for public offerings in 2026 and late 2024 respectively. This wave of IPOs, estimated at $3 trillion, may prompt fund managers to rebalance portfolios, possibly reducing crypto exposure. Bitcoin's resilience will be tested as investors weigh AI's growth potential against cryptocurrencies.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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Thor Explorations stays on track with gold production and strong cash position in Q2 2026.

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Angelini Pharma completes $4.1B acquisition of Catalyst, expanding US presence and brain health leadership.

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Company Fundamentals
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Zcash surges 16% ahead of Ironwood upgrade, eyes $644 resistance as key next target

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Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...

Protocol Fundamentals
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Greenwich LifeSciences' breast cancer drug shows strong Phase 2 results but faces funding risks ahead of Phase 3.

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