No Data Yet
Vision Marine Technologies Inc. (VMAR) stock skyrocketed 156.77% to close at $0.976 on December 16, driven by exceptionally high trading volume of over 225 million shares.
Coinbase is set to enable instant trading for newly created Solana-based tokens, a move that enhances liquidity and access to one of the leading blockchains for high-speed finance. This integration strengthens Solana's challenge to traditional financial settlement systems.
Solana (SOL) fell 5% to $131 following the latest FOMC meeting, with the market reaction overshadowing its annual Breakpoint conference in the UAE. The price action highlights the market's focus on macroeconomic pressures over ecosystem-specific developments.
Publicly traded US Bitcoin miners face a profitability crisis, prompting a strategic split. Many are converting data centers for AI, while 'pure-play' miners like American Bitcoin face investor scrutiny despite some analyst support.
Firms are reinvesting AI-driven productivity gains into growth and new capabilities, not layoffs. This is fueling massive infrastructure spending and strategic pivots, such as Bitcoin miners converting facilities for AI, drawing intense investor scrutiny on capital returns.
Twenty One Capital (XXI), a new Bitcoin-focused firm, saw its stock decline 19% in its public market debut despite holding over $4 billion in Bitcoin. The negative reception highlights investor scrutiny of corporate Bitcoin treasury strategies.
Standard Chartered has revised its 2025 Bitcoin forecast to $100,000, a significant reduction from its previous $200,000 target. The adjustment contrasts with strong institutional accumulation and bullish market sentiment driven by expectations of a U.S. Federal Reserve policy pivot.
Strategy purchased 10,624 BTC for approximately $962.7 million, funding the acquisition through share sales. This move reinforces its corporate treasury strategy amid strong institutional buying and expectations of a Federal Reserve rate cut, further tying its valuation to the performance of Bitcoin.
AI cloud provider CoreWeave is raising $2 billion via convertible senior notes to fund its expansion, adding to an existing $14 billion debt load. The move mirrors a broader industry trend where compute-focused firms are leveraging debt to pivot into the high-demand AI infrastructure sector, signaling both aggressive growth ambitions and heightened financial risk.
Index provider MSCI has proposed reclassifying firms holding over 50% of their assets in digital currencies as “funds,” not operating companies. This threatens their inclusion in major stock indexes, prompting significant pushback from crypto-focused investment firms and sparking a debate on corporate identity in the digital asset era.