Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
BitMine Stock Slumps 7% as Ether Slide Widens Discount to Crypto Holdings
BitMine shares dropped 7.1% on Friday, cutting market cap to $14.36 billion, while its reported crypto holdings stood at $14.9 billion. Ether's decline and Fed rate concerns triggered the selloff.
BitMine Shares Drop 7% as Ethereum Treasury Discount Widens
BitMine shares tumbled 7.1%, erasing $1.1B in market cap, as the stock now trades at a 3.2% discount to its disclosed Ethereum treasury.
Hyperliquid Strategies Surges 19.6% as Crypto Treasury Hits $1.9B
Hyperliquid Strategies (PURR) shares surged 19.6% to $13.82 after reporting $305.5 million net income, driven by unrealized HYPE gains. The stock trades well above its equity value.
Strategy Stock Soars 12% as Bitcoin Breaks $80K, Outpacing Crypto Fourfold
Strategy shares jumped 12% to $137.95 as Bitcoin topped $80,000, with MSTR outpacing the crypto by 4x. Bitcoin holdings now worth $67.5 billion.
Fidelity's FBTC Sees $25.6M Inflow as Bitcoin Nears $80K
Fidelity's FBTC saw $25.6M in inflows on Aug 26, contributing to $232.2M in total spot Bitcoin ETF inflows. Bitcoin approached $80,000.
Robinhood Jumps 8% as Bitcoin Rally Boosts Market Value by $7.6B
Robinhood (HOOD) shares jumped 8.2% on Tuesday, adding $7.6B to market cap as Bitcoin surged to $81,237, boosting investor optimism.
Strive Stock Surges 9% on Bitcoin Buy, But Per-Share Gains Limited
Strive (ASST) shares jumped 9% after its latest Bitcoin purchase, but per-share gains were limited by dilution and preferred share claims.
BitMine Shares Edge Up as Ether Treasury Narrows Gap to Market Cap
BitMine's stock rose 1.28% to $24.45 as its $14.9B Ether treasury nearly matches its $14.75B market cap, amplifying sensitivity to ETH price swings.
Strategy's 33% Rebound Faces $2B Dilution Test
Strategy sold $2.01B in new shares last week, boosting cash to $6.69B but buying no bitcoin. MSTR surged 33% since Aug 18, yet dilution tests the rally.
Robinhood Stock Retreats After Record Surge as Regulatory Hopes Meet Revenue Reality
Robinhood shares eased 1.1% premarket Monday after a 13.7% surge, as investors balance regulatory optimism with a 62% year-over-year drop in crypto volume.
Bitcoin Rally Boosts MicroStrategy Holdings Above Cost Basis
Bitcoin's 22% weekly surge has lifted MicroStrategy's (MSTR) bitcoin holdings above their average cost, with shares jumping 29% as the company's strategy gains traction.