Business

In brief Strategy unveiled its second-smallest Bitcoin purchase of 2025 The firm bought 1,895 Bitcoin, growing its stash by 0.3%. Bernstein and Benchmark reiterated positive ratings last week. Strategy, formerly known as MicroStrategy, acquired 1,895 Bitcoin worth $180 million last week, capping off a $21 billion at-the-money equity offering program unveiled in October, according to […]

U.S.-based Bitcoin ETFs attracted over $1.8 billion in inflows last week, extending a positive run that began on April 17, according to data from CoinGlass. Thursday and Friday were particularly successful for Bitcoin ETFs, with the two days bringing in $423 million and $675 million, respectively. Friday’s total was the seventh-highest of the year, while

In brief Analysts remain upbeat on Strategy (MSTR) despite it reporting a per-share decline of $16.49 in Q1. Bernstein and Benchmark both set price targets of $600 per share or more. MSTR closed up 3.35% on Friday at $394.37 per share. Equity analysts from investment firms Benchmark and Bernstein reiterated their buy ratings and lofty

Key Takeaways eToro plans to launch its US IPO as soon as next week following easing tariff concerns. The company reported $931 million in commission in 2024 up from $639 million the previous year. Share this article eToro may make its US market debut as early as next week, as easing volatility clears the path

In brief -Riot Platforms’ reported mixed earnings results for the first quarter of 2025.  -The company clocked $161.39 million in the quarter, slightly beating analysts’ expectations.  -Riot’s Bitcoin mining revenue jumped to $142.9 million for the period, up from $71.4 million during the same time last year. Riot Platforms posted mixed earnings results for the

In brief Apple has made changes to iOS app developer guidelines following a court ruling this week. Developers can now freely offer external payments methods, as well as enable purchases of NFTs from secondary marketplaces. Some cryptocurrency-related restrictions still apply to iPhone and iPad apps. Fortnite maker Epic Games’ antitrust case against Apple benefited the

Strategy, formerly known as MicroStrategy, reported a decline of $16.49 per common share in the first quarter of 2025—a result of Bitcoin’s price plunge during the span, the leading Bitcoin treasury firm announced Thursday. The Tysons Corner, Virginia-based company recorded a loss of $5.9 billion on its Bitcoin holdings for the period. Strategy said that

In brief Tether notched a profit in excess of $1 billion in Q1 2025, the company said Thursday. That figure marks a notable year-over-year decline from Tether’s Q1 2024 profits of $4.52 billion. The difference is likely accounted for by Bitcoin’s monster rally in Q1 last year. Tether holds the cryptocurrency in reserve. Stablecoin giant