HashKey Holdings’ shares fell about 5% in their Hong Kong trading debut, a muted reception that underscores investor caution toward the exchange’s business model despite its dominant position in the city’s regulated crypto market. The stock opened below its IPO price and slid to around… Read More
American Bitcoin Corp. (ABTC), a U.S. focused bitcoin mining and treasury firm company founded by Eric Trump and Donald Trump Jr., saw its shares plunge as much as 50% on Tuesday. The drop came despite bitcoin rallying above $91,000 and gains for nearly all crypto-related… Read More
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation… Read More
Shares of bitcoin miner and data-centre operator CleanSpark (CLSK) fell 5% after the company announced an upsized convertible bond offering of $1.15 billion. The move is part of a broader trend among bitcoin miners and AI-focused data infrastructure firms tapping the debt markets for fresh capital amid rapid sector growth. CoinDesk Research reveals that AI-aligned bitcoin miners are witnessing a record… Read More
