Michael Saylor of Strategy and Jack Mallers of XXI Capital publicly dispute the value of Bitcoin-per-share (BPS) as a performance metric for Bitcoin treasury companies. Saylor defends BPS, arguing it reflects the value of Bitcoin backing each share better than traditional earnings metrics. Mallers counters that BPS masks shareholder dilution caused by issuing new shares to buy Bitcoin, a concern highlighted by Strategy's recent $2.1 billion capital raise where 86% came from dilutive stock issuance. This debate affects how investors evaluate Bitcoin-focused firms, weighing the impact of dilution against potential Bitcoin price gains.
Evolution Metals & Technologies Corp. has achieved quality certification from two global Tier-1 OEMs for six grades of high-performance sintered NdFeB rare earth magnets produced at commercial scale in Korea. This certification positions EM&T as a cr...
21Shares, a leading issuer of crypto ETFs, was named to the inaugural Fortune Crypto 100 list, recognizing its innovation and influence in digital assets. The company recently launched THYP, the first Hyperliquid ETF available to U.S. investors, expa...
AIFU Inc., a leading AI-driven financial services platform in China, signed a non-binding Memorandum of Understanding to acquire Peakleap Ventures Limited, an industrial AI company focused on waste recycling and resource recovery. This acquisition ai...
Newcleo has appointed Dustin Greenwood as Vice President of U.S. Operations and Travis Chapman as Director of U.S. Regulatory Affairs and Licensing to strengthen its U.S. leadership team. These hires bring extensive experience in nuclear operations, ...
Caribou Biosciences reported that a single dose of their off-the-shelf CB-011 CAR-T cell therapy produced deep and durable responses in heavily pretreated, BCMA-naïve patients with relapsed or refractory multiple myeloma (r/r MM). In a phase 1 trial,...
