Bitcoin treasury companies may need to revisit their capital structures if Bitcoin remains under pressure, with consolidation becoming more likely across the sector, according to Strive Chief Investment Officer Ben Werkman. Summary Strive CIO Ben Werkman said prolonged Bitcoin weakness could push some treasury companies toward consolidation, particularly those carrying debt funded accumulation strategies. Werkman…
Sarvam has raised $234 million at a $1.5 billion valuation, the company announced on Monday. The Bengaluru-based company is now India’s newest AI unicorn, as governments and companies seek greater control over critical artificial intelligence technologies and computing infrastructure. $150 million of that money will come from HCLTech, the IT subsidiary of Indian conglomerate HCL…
In SEC crypto ETF news, the SEC approved NYSE Arca’s proposal to list the T. Rowe Price Active Crypto ETF on June 12, 2026, under NYSE Arca’s Commodity-Based Trust Shares framework, the same regulatory mechanism used for commodity-backed products. The approval came after T. Rowe Price first filed an S-1 and an accompanying NYSE Arca…
98% of mid-market companies have discussed whether to involve AI in boardroom decisions, according to a survey conducted by Board Intelligence. The Summer 2026 edition of the Board Value Index canvassed just over 400 board directors, CEOs and CFOs in the UK, the US, Scandinavia and the Middle East, with the corresponding companies having annual…
Key Takeaways A single whale sold about 670 million SIREN, or 92% of supply, for 64.8 million USDT, crashing the asset’s price by over 95%. SIREN’s market cap fell from roughly $1.7 billion to about $102 million, down nearly 96% from its all-time high. Lookonchain says 25.7 million USDT moved to exchanges, signaling possible further…
The company’s total stash has now grown to 846,842 BTC. Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million. The average purchase price was just over $63,000, and the company has…
SAVE $220: As of June 15, the Amazon Fire TV 55-inch Omni is on sale for $279.99 at Amazon. That’s a 44% discount on the list price. $279.99 at Amazon $499.99 Save $220 Looking for a new TV to watch the rest of the World Cup in high definition? Meet the Amazon Fire TV…
Hyperliquid traded near $67 on June 15, according to crypto.news price data, after gaining more than 9% in 24 hours. Summary HYPE traded near $67 after gaining more than 9% in 24 hours, crypto.news data showed. Ali Martinez said $65 remains key resistance; losing $54 would confirm HYPE’s bearish structure. ETF inflows and open interest…
Wall Street has quietly placed a $161 million bet on a decentralized derivatives exchange most Americans have never heard of — and the money keeps coming in. One month after 21Shares’ THYP launched on Nasdaq, the three US-traded spot HYPE ETFs have pulled in $161 million in net inflows. June 5 was the only session…
A decade ago, kratom advocates fought a surprisingly successful campaign against a proposed Drug Enforcement Administration ban that claimed the obscure Southeast Asian plant posed “an imminent hazard to public safety.” They won bipartisan allies from Bernie Sanders to Rand Paul, and helped create a billion-dollar industry out of kratom, which has pain-relieving effects they…
