By Dean SealShares of MEI Pharma hit a 52-week high after the company said a $100 million private placement will be used to adopt the cryptocurrency Litecoin as its treasury reserved asset.The stock was up 52% at $6.84 in early trading on Friday. Sha
By Kelly CloonanBitcoin Standard Treasury has agreed to merge with a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald to bring its bitcoin treasury public.BSTR said Thursday the deal includes a total private placemen
By Natalie WegerSonnet BioTherapeutics shares climbed after the oncology-focused biotechnology company said it entered into an agreement to become a public cryptocurrency treasury company.Shares more than doubled to $13.50 on Monday. Shares were up 7
By Denny JacobColumbus Circle Capital will combine with bitcoin-native financial services firm ProCap BTC.Columbus Circle is a special-purpose acquisition company sponsored by a controlled subsidiary of Cohen & Co.The combined company will operate as
By James RogersThe videogame retailer has proposed a $1.75 billion bond dealGameStop Corp. late Wednesday said it plans to raise more debt - a move that could indicate another bitcoin purchase is looming for the videogame retailer and original meme s
By Frances YueBitcoin bulls have long been frustrated to see the crypto trade in a fashion similar to stocks and other assets perceived as risky, rather than as a store of value such as gold. Now, some think they see tentative signs of a shift.They'v
Olli Rehn, an ECB policymaker, said that the U.S. administration must be encouraged to avoid leveraging "unnecessary and very harmful" tariffs on Europe through a negotiations solution. "The simple conclusion is that we should aim at a negotiated
Rapid developments in artificial intelligence and cryptocurrency over the past few years and a series of high profile wildfires have raised questions about electric utilities’ traditional image as a stodgy but reliable defensive hedge.“Buy utilities.
By Barbara KollmeyerGreenlight Capital hedge fund says it's mostly avoiding tech stocksTech is set to fuel Wednesday's Wall Street gains, thanks to Stargate AI buzz and Netflix's heady results.Not everyone is a Big Tech superfan. Take Greenlight Capi