Strive, Inc. has built a large corporate Bitcoin treasury, holding over 21,000 BTC valued at about $1.7 billion, pushing its market cap to $1.77 billion and share price to $19.73. This surpasses Wendy's share price, highlighting strong investor demand for Bitcoin exposure via traditional equity. Strive went public in 2025 through a reverse merger to fund Bitcoin purchases, using SATA preferred stock to raise capital. The company shifted from an anti-ESG stance to a Bitcoin-focused strategy, rapidly accumulating BTC within a year, reflecting a growing trend among firms adopting Bitcoin treasuries.
Robinhood's stock rose 8.2% to $112.09 driven by Bitcoin's recovery above $80,000 and optimism over potential removal of U.S. day-trading restrictions, which could boost retail trading volumes. The company reported Q2 earnings of $0.62 per share, sur...
Intuit reported strong Q4 results, surpassing analyst expectations in revenue and adjusted EPS, driven by growth in QuickBooks, online services, and Credit Karma. Despite this, shares dropped 10.2% due to a slower growth outlook for fiscal year 2027,...
BlackRock has reduced the minimum Bitcoin value required for direct conversion into shares of its spot Bitcoin ETF, IBIT, from $25 million to $1 million, a 96% cut. This change makes the service more accessible to wealthy investors and institutions h...
Iran's rial fell to a record low of 2.02 million per dollar amid new US sanctions that for the first time target digital assets, including Iran's bitcoin mining operations largely controlled by the Islamic Revolutionary Guard Corps (IRGC). These sanc...
Baidu held an extraordinary general meeting where shareholders approved the company's voluntary conversion from a secondary to a primary listing on the Hong Kong Stock Exchange. This change will make Baidu a dual-primary listed issuer on both the Hon...
