Japanese Metaplanet’s Stock Price Soars After Adopting Bitcoin
Japanese publicly traded company Metaplanet said it had acquired 1 billion yen ($6.5 million) worth of Bitcoin as a fundamental treasury asset. Investment firm Metaplanet focuses on companies in the Web3 and metaverse industries. Sora Ventures, UTXO Management, and prominent figures like Jack Liu, an Ordiswap founding member, and Mark Yusko, the founder of Morgan […]
MicroStrategy Stock Surges Over 20% Following BTC Price Rise
As the price of Bitcoin continues to rise, Bitcoin Investor MicroStrategy (MSTR) has experienced a surge in its stock price exceeding 20% during the initial trading hours of March 4. MicroStrategy experienced a surge in value from $1,079 at the close of trading the day before March 4 to $1,220, attaining an intraday peak of […]
ARK Invest Sells Coinbase, Robinhood Shares for First Time in 2024
Spot Bitcoin exchange-traded fund (ETF) issuer ARK Invest has sold major cryptocurrency-related stocks, including those of Coinbase and Robinhood, for the first time this year. ARK divested 214,068 Coinbase (COIN) shares and 119,394 Robinhood (HOOD) shares from its ETFs on February 14, according to a trade notification that Cointelegraph obtained. The trading firm divested 152,600 […]
Arm Stock Price Surges 30% Amidst High AI Chip Demand
The stock price of Arm, a leading technology company based in the United Kingdom, increased by more than 30% on Wednesday, February 7 owing to high AI demand and strategic expansions. Financial Times reports that the company, best known for developing cutting-edge processors, cited increasing demand for its artificial intelligence (AI)-based technology. Arm, a prominent […]
Robinhood UK: Free Stock, Crypto Trading Coming Soon
Robinhood is set to launch commission-free stock trading in the UK in 2024, offering 24/7 access to over 6,000 US-listed stocks. The platform also plans to introduce cryptocurrency trading in the EU in the coming weeks. Robinhood, the US-based fintech company that revolutionized the stock market during the pandemic, is bringing its commission-free trading model […]