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STAK News30 articles
Bitmine Expands Ether Treasury and Staking Revenue with Major Acquisition
Bitmine Immersion Technologies shares climbed 8% following the disclosure of a substantial ether purchase and the completion of its acquisition of Australian staking infrastructure firm Pier Two.
Bitmine Stock Drops as Ether Price Slide Overshadows New Staking Platform
Bitmine Immersion Technologies shares declined 5.4% to $18.39 on Friday, pressured by a drop in ether below $2,000. The slide overshadowed the company's recent launch of its MAVAN institutional staking platform.
Bitmine Immersion Shares Drop Despite Ethereum Staking Platform Launch
Bitmine Immersion Technologies shares declined 8% to $19.47 on Thursday, even as the company launched its MAVAN Ethereum staking platform and received a price target hike from B. Riley.
Intel Shares Dip on U.S. Stake Disclosure, Board Leadership Shift
Intel shares fell Tuesday after a regulatory filing disclosed significant U.S. government ownership and an impending board leadership change, underscoring the challenges in the company's manufacturing recovery.
Bitmine Expands Ethereum Treasury Amid Market Downturn, Staking Revenue Hits $184M
Bitmine Immersion Technologies boosted its Ethereum reserves to 4.66 million tokens, though its overall crypto and cash portfolio value slipped to $11 billion due to price declines. The company staked 67% of its ETH, generating annualized revenues of $184 million.
SoFi Shares Dip on Short-Seller Allegations as CEO Boosts Stake
SoFi Technologies shares fell premarket after Muddy Waters took a short position, accusing the company of concealing debt. SoFi rejected the claims as misleading and CEO Anthony Noto bought nearly $500,000 in stock.
Petrobras Acquires Petronas Stakes in $450M Deal Amid $100 Oil
Petrobras shares gained after the Brazilian state oil firm agreed to purchase Petronas' interests in two offshore fields for $450 million. The deal comes as Brent crude prices settle above $100 a barrel, influencing dividend discussions.
UBS: CTAs Slash Equity Stakes, Sage AI Pricing in Focus, Desk Revamp
UBS states commodity trading advisers have reduced global equity holdings by 75% since the Middle East conflict began. The bank maintains a buy rating on Sage, highlighting AI-driven pricing strength, and is reorganizing its European high-yield trading desk.
Ondas Completes Rotron Buyout, Secures 4M Defense Stake Ahead of Earnings
Ondas Holdings shares advanced after closing its acquisition of UK-based Rotron Aerospace and purchasing the remaining stake in 4M Defense, coupled with a new $15.8 million defense contract.
Nvidia's $2B Nebius Stake Tests Stock as Meta Chip Ambitions Loom
Nvidia disclosed a $2 billion investment for an 8.3% stake in AI cloud provider Nebius, with shares hovering near $186. The move follows similar investments and comes as Meta announces plans to develop its own AI inference chips.
Chevron Eyes Brazil's Ipiranga Stake Amid Ultrapar Restructuring
Chevron is in discussions to acquire a minority stake in Brazilian fuel distributor Ipiranga, sources indicate. Parent company Ultrapar has engaged BTG Pactual to manage a potential sale as it shifts focus away from fuel distribution.
Rentokil Stake Reduced by GIC Amid Leadership Transition and North America Focus
Singapore's GIC Private Limited reduced its holding in Rentokil Initial to 3.25% following the company's 2025 financial results, which included revenue of $6.91 billion and a $201 million provision for termite damage claims. The pest-control giant also announced a CEO transition, with Mike Duffy set to take over on March 16.
Major Funds Disclose Beazley Stakes as Zurich's $11 Billion Bid Progresses
Wellington Management, Vanguard, and Polar Capital have disclosed significant stakes in Beazley Plc after Zurich Insurance's £8.1 billion takeover bid. Beazley shares currently trade 3.4% below the offer price.
Wealth Managers Boost QQQ Stakes, but Data Lags Market Moves
Recent SEC filings reveal two wealth managers raised their stakes in the Invesco QQQ ETF in Q3 2025, though subsequent data shows one trimmed its position by year-end. The Nasdaq-100 tracker traded near $593, down 1.1%, as investors weigh growth prospects against macro risks.
MakeMyTrip Acquires Majority Stake in Regional Tour Operator Flamingo
MakeMyTrip has agreed to acquire a controlling interest in regional tour operator Flamingo Transworld, strengthening its position in the growing holiday packages segment. The deal comes as the company's hotel and packages revenue rose 9.7% last quarter.
Hindustan Unilever Sells Nutritionalab Stake, Sharpens Focus on Premium Brands
Hindustan Unilever has divested its entire 19.8% holding in Nutritionalab Private Limited for approximately 3.07 billion rupees. The move aligns with a broader strategy to concentrate investment on high-growth premium categories.
Wagners Founders Offload Major Stake, Shares Dip
Shares in Wagners Holding Company Ltd declined following a substantial share sale by founding family members Neill and Joseph Wagner, who sold 30 million shares at A$4.40 each.
Wagners Founders Sell $132M Stake, Stock Dips Ahead of Key Filings
Shares in Wagners Holding Company declined following a major insider sale by two founding brothers, raising questions about future supply pressure as the market awaits regulatory disclosures.
Nvidia Eyes $30B OpenAI Stake Ahead of Critical Earnings Report
Nvidia is nearing a massive $30 billion investment in OpenAI, sources indicate, as the company heads into a pivotal earnings report where Wall Street expects significant profit growth driven by AI demand.
Nvidia Shares Gain on Reported OpenAI Stake Ahead of Key Earnings
Nvidia shares advanced in extended trading following a report the chipmaker is nearing a $30 billion investment in OpenAI. All eyes are on the company's fiscal fourth-quarter earnings report due next week.
Western Digital Rises on $3.17B SanDisk Stake Sale to Cut Debt
Western Digital shares advanced 2.5% following news of a major debt reduction deal involving the sale of part of its SanDisk holding. The company's sales chief also sold shares under a pre-arranged plan.
Western Digital's SanDisk Stake Sale Fuels Stock Volatility, Debt Focus
SanDisk shares advanced as Western Digital divested a significant portion of its stake, raising $3.17 billion for debt reduction. Market attention now shifts to the potential sale of Western Digital's remaining 1.7 million shares.
Vodafone Gains on €1bn Dutch Stake Sale and Share Buyback Program
Vodafone's stock rose slightly in London trading following its €1 billion exit from a Dutch joint venture and the latest tranche of its share buyback program. Investors now await full-year results in May.
Evolution Mining Rises 2.4% Amid Gold Consolidation; Director Sells $51M Stake
Evolution Mining shares advanced 2.4% to A$14.94 as gold prices consolidated. Director Jacob Klein divested a A$51 million stake, with market focus shifting to upcoming U.S. inflation figures.
Weir Group Stock Dips as Capital Group Boosts Stake and Project Updates Emerge
Weir Group PLC shares declined over 2% in early trading, retreating from a recent peak. The Capital Group Companies raised its holding to over 10%, while Weir reported progress on major mining projects in China and South Africa.
Diageo Shares Edge Up Ahead of Earnings Amid IPL Stake Sale Speculation
Diageo shares gained modestly in early London trading, with focus on upcoming earnings and a strategic review of its non-core IPL franchise stake. The spirits giant faces pressure from weak U.S. demand.
Macquarie Gains on Web Travel Stake Disclosure, Qube Deal in Focus
Macquarie Group shares closed higher after disclosing a 5.01% voting interest in Web Travel Group. Market attention remains on the pending regulatory approval for its A$11.7 billion Qube Holdings acquisition.
Micron Shares Close Lower as Major Investor Stake Revealed Ahead of Holiday
Micron Technology shares closed lower Friday after a regulatory filing revealed Capital World Investors holds a 5.2% stake. Trading resumes Tuesday following the Presidents Day holiday.
Chipotle Shares Gain After Major Investor Reveals 7.7% Stake
Chipotle Mexican Grill shares advanced 1.3% Friday, ending a three-day decline, following a regulatory filing showing Capital World Investors acquired a 7.7% stake. The company anticipates 1-2% menu price increases this year.
Capital International Takes 5.5% Passive Stake in Constellation Energy
Constellation Energy shares gained 4.5% Friday after Capital International Investors reported a 5.5% passive stake. Trading resumes Tuesday with focus on data-center power contracts.