Bitcoin May be on 25% of S&P 500 Firms’ Balance Sheets by 2030: Architect Partners
Strategy pioneered BTC as a treasury asset and so far 90 companies have adopted the cryptocurrency as a treasury reserve asset.
Markets
Terraform Labs to Open Claims Portal for Investors on March 31
Creditors must file claims by April 30, 2025, to seek potential recovery.
Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC
The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle
Payments to FTX’s largest creditors will start May 30, nearly three years after the exchange collapsed.
Why Is the Crypto Market Down Today? Bitcoin Drops to $82K as Traders Flee Risk Assets Amid Macro Worries
Crypto markets see over $300M in liquidations as investors flee risk ahead of April policy changes and over concerning macroeconomic data.
CoreWeave Goes Public at $40 Per Share, Raises $1.5 Billion
AI powerhouse Nvidia aims to anchor a $250 million order, Bloomberg reported.
Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain
If the acquisition proceeds, the foundation plans to integrate 23andMe’s data onto its blockchain and give users ownership of their genetic data.
Polymarket, UMA Communities Lock Horns After $7M Ukraine Bet Resolves
The bet was resolved as ‘yes’ despite no official agreement, leading to suspicions of manipulation by a large UMA token holder, but Polymarket defended the UMA voting process.
GameStop Raising $1.3B Via Convertible Debt to Buy Bitcoin
The offering comes 24 hours after the company announced its intention to begin adding bitcoin to its balance sheet.
GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%
The gaming retailer will spend some of its $4.8 billion cash holdings to buy bitcoin and stablecoins, sparking discussions around how much it will actually buy.