Fold Holdings sold $45 million in Bitcoin to repay $66.3 million in convertible debt, freeing 521 BTC previously locked as collateral. Despite the sale, Fold maintains a substantial Bitcoin treasury of about 1,492 BTC valued at $95 million and secured a $45 million credit facility using Bitcoin as collateral. The company’s strategy focuses on using debt and equity facilities to fund Bitcoin purchases while growing its Bitcoin rewards credit card business, which generated $31.8 million in revenue in 2025. This move improves Fold’s balance sheet and operational flexibility, signaling confidence in continued Bitcoin accumulation and growth.
OpenYield secured over $6 million in Series A funding led by LeveL Markets, which will integrate OpenYield's automated bond trading platform into its equities venue. This partnership aims to bring equity-like transparency, speed, and firm pricing to ...
Man Group PLC disclosed a reduction in its long position in Senior Plc shares and related cash-settled derivatives as of June 9, 2026. The total interest held after the dealings is approximately 1.77% of Senior Plc's relevant securities. The sales in...
Joe Lonsdale, co-founder of Palantir, believes SpaceX's current valuation overlooks its long-term potential, especially as a key player in AI infrastructure. He argues that trillions of dollars will be invested in AI over the next five years, positio...
Kimco Realty OP, LLC announced a proposed private offering of $500 million in exchangeable senior notes due 2031, with an option to increase by $75 million. The notes will be senior, unsecured, and exchangeable for Kimco common stock under certain co...
Technology and semiconductor stocks experienced a sharp sell-off ahead of SpaceX's $75 billion IPO, causing a debate among Wall Street experts. Tom Lee from Fundstrat described the dip as a "healthy" market consolidation linked to institutional cash ...
