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Key Takeaways CalPERS holds about $80 million in Strategy shares to gain indirect exposure to Bitcoin. Strategy Inc. is a public company that holds Bitcoin as a main treasury asset, allowing its shareholders exposure to Bitcoin price movements. Share this article California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US … Read more
Key Takeaways CalPERS’ investment in MSTR dropped from $144M to $80M due to price declines. Strategy’s stock slump is linked to Bitcoin’s volatility and broader market conditions. Share this article California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US by assets, has seen a drawdown in its first exposure to … Read more
The Internet today has a new worry. Alongside vibe coding tools, and the codebases, sites and apps built with them, security issues and blind spots have proliferated, too. Cybersecurity company Guardio is taking aim at a fresh market born amid this flux: finding malicious code written using AI tools. The company says it has found … Read more
Key Takeaways Approximately $80 million in crypto short positions were liquidated in one hour. Short positions bet on price declines; their liquidation often signals bullish momentum. Share this article Around $80 million in crypto short positions were liquidated in the past 60 minutes as digital asset prices surged higher, forcing bearish traders to close their … Read more
The beauty industry has seen an explosion of offerings recently. Customers can now access treatments far beyond basic hair and nail care, from wrinkle-smoothing Botox and fillers to permanent laser hair removal to weight management through GLP-1 medications. Riding this wave of industry growth is Boulevard, a provider of scheduling and payment software for the … Read more
Bedrock Robotics, an autonomous vehicle technology startup founded by veterans of Waymo and Segment, has been operating quietly for more than a year. Now, it’s breaking cover with an $80 million funding round from investors Eclipse and 8VC. Bedrock Robotics is focused on developing a self-driving kit that can be retrofitted to construction and other … Read more
From tariffs to the recent reconciliation bill, climate tech startups have been grappling with a rapidly changing landscape. Brooklyn-based startup Amogy has managed to avoid turbulence induced by U.S. politics by keeping its sights on more promising foreign markets. Amogy’s ammonia-to-power tech and its focus on Asian markets, including Japan, South Korea, and Singapore, has … Read more
There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” — one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might … Read more
There’s a lot of talk in the startup world about how AI makes individuals so productive that it could give rise to a generation of “solo unicorns” – one-person companies worth over $1 billion. While an actual solo unicorn remains a mythical creature, Israeli developer Maor Shlomo provided compelling evidence Wednesday that the concept might … Read more
Canary, the hotel guest management platform, announced Thursday the raise of an $80 million Series D in a round led by Brighton Park Capital. Harman Singh Narula and childhood friend SJ Sawhney launched the company in 2018 to help hotels digitize and automate guest interactions. The company has raised nearly $180 million in funding to … Read more
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