BlackRock boosts stake in Strategy stock to 5% amid Bitcoin push
BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission. The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024. Following the disclosure, Strategy’s stock rose 2.8% in pre-market trading, reaching $331.90 per share. Strategy remains the […]
BlackRock increases stake in Michael Saylor’s Strategy to 5%
BlackRock’s investment comes a day after the world’s largest corporate Bitcoin holder rebranded from MicroStrategy to Strategy. Source link
D.E. Shaw takes stake in Riot, may push for changes
D.E. Shaw has acquired a stake in bitcoin mining firm Riot Platforms and may push for strategic changes, Reuters reported, citing sources familiar with the matter. The size of the hedge fund’s position remains undisclosed, and both Riot and D.E. Shaw declined to comment. This marks the second activist investor to take an interest in […]
Jupiter price rises after Moonshot majority stake deal
Jupiter, the leading perpetual exchange network on Solana, is seeking more growth opportunities. In an X post, Jupiter’s (JUP) pseudonymous founder, known as “Meow,” said the decentralized exchange had acquired a majority stake in Moonshot for an undisclosed sum. Moonshot is a company in the crypto industry that lets users buy and sell meme coins […]
MicroStrategy Bitcoin stake up to 461k with new $1.1b purchase
MicroStrategy continued its Bitcoin buying spree just a day after Donald Trump was sworn in as the 47th U.S. President. The Tysons Corner-based firm added another 11,000 Bitcoin (BTC) for $1.1 billion, according to a disclosure document shared by executive chair and BTC advocate Michael Saylor on Tuesday, Jan. 21. MicroStrategy acquired its latest stash […]
Starboard Value takes stake in Riot Platforms, eyes AI shift
The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have. Source link
Bitcoin corrects as US inflation data emerges — Is the rally to $100K at stake?
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies. Source link
