Bitcoin Standard Treasury Company is set for a shareholder vote on June 26 to approve its merger with Cantor Equity Partners I, a SPAC that would take the company public on Nasdaq under the ticker BSTR. If approved, the new entity will hold 30,021 BTC and have up to $1.5 billion in PIPE financing, including a unique $600 million in-kind Bitcoin investment. Led by Adam Back, BSTR aims to actively manage and grow its Bitcoin holdings beyond 50,000 BTC while developing Bitcoin-native financial services. The vote is a key step toward finalizing the merger and Nasdaq listing expected by the end of June.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
