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Key Takeaways Ethereum ETFs saw $1.4 billion in net outflows in November, indicating reduced investor confidence or rebalancing. Major funds affected include BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity’s Ethereum Fund (FETH). Share this article US-listed spot Ethereum ETFs recorded $1.4 billion in net outflows in November as investors retreated from spot crypto funds during … Read more
Key Takeaways Berkshire Hathaway’s Alphabet investment has gained about $1.4 billion in value. The company’s 17.8 million Alphabet Class A shares are now valued at nearly $5.7 billion. Share this article Warren Buffett’s Berkshire Hathaway may be sitting on a sizeable paper profit from its recent Alphabet investment, with current market prices implying an unrealized … Read more
It’s been a long road for the 20-year-old fintech Klarna to make it to an IPO. But on Wednesday, the company successfully landed on the New York Stock Exchange, having raised $1.4 billion, largely for its existing investors, rather than itself. The fintech giant sold shares at $40, above its announced range of $35 to … Read more
Key Takeaways Metaplanet raised 205 billion yen ($1.4 billion) through an upsized international stock offering. The company increased the number of shares offered from 180 million to 385 million due to strong investor demand. Share this article Metaplanet completed an international stock offering today, raising 205 billion yen ($1.4 billion) after expanding the sale from … Read more
Galaxy Digital has secured a $1.4 billion loan to upgrade its Helios data center in Texas. Summary Galaxy Digital secured $1.4B in debt financing for its Helios data center The company put up $350 million of its own capital to secure the deal Helios data center will power AI applications and high-performance computing Galaxy Digital … Read more
Omni Network took the cryptocurrency market by storm on Friday, with the native token pumping a staggering 200% as it outpaced the top 500 coins by market capitalization. As the crypto market revelled in the wake of Bitcoin (BTC) touching a new all-time high above $118k, the Omni Network (OMNI) crypto bid to steal the … Read more
Three months after one of the largest crypto thefts on record, blockchain data shows that almost half of the $1.4 billion stolen from Bybit has gone dark. Data from cryptocurrency exchange Bybit reveals $644 million in stolen funds — nearly half of the exchange’s massive $1.4 billion theft — has vanished from public tracking after … Read more
Key Takeaways Goldman Sachs increased its stake in BlackRock’s iShares Bitcoin Trust to 30.8 million shares worth over $1.4 billion. IBIT leads Bitcoin ETFs with approximately $62.8 billion in assets under management. Share this article Goldman Sachs has grown its position in BlackRock’s iShares Bitcoin Trust (IBIT) by 28%, disclosing a holding of 30.8 million … Read more
Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch it’s targeting a post-money valuation of $1.4 billion. Last September, the startup sought a valuation of … Read more
The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation. On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the … Read more
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