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Key Takeaways Evernorth’s XRP holdings declined by $95 million in value over 2.5 weeks. The firm’s initial purchase of 389 million XRP now shows an unrealized loss amid market weakness. Share this article Evernorth Holdings, an XRP-centric treasury entity with strong connections to Ripple executives, has seen nearly $100 million wiped off the value of … Read more
Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million) … Read more
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway may have quietly trimmed its massive Apple stake again in the third quarter, a new regulatory filing suggests. In its latest quarterly report, Berkshire said the cost basis of its consumer products equity … Read more
Drake and Adin Ross are now at the center of a class-action lawsuit claiming they deceptively promoted the crypto-powered casino Stake.us. The suit was filed by Justin Killham in the Missouri county court and takes direct aim at how the platform was marketed, accusing the two of helping pull younger audiences into what the filing calls … Read more
OpenAI and Microsoft jointly announced that they have reached a deal to complete OpenAI’s restructuring into a more traditional for-profit corporation. As part of the deal, early investor Microsoft will get a 27% stake in OpenAI, worth around $135 billion. The tech giant will also retain access to OpenAI’s technology through 2032, including any models … Read more
Vinod Khosla has a bold vision for how society could be reconfigured to share the abundance created by AI technology. Speaking at the TechCrunch Disrupt 2025 conference on Tuesday, the Khosla Ventures founder suggested the U.S. government could take a 10% stake in all public corporations and redistribute that corporate wealth to the public at … Read more
Visitors at Nokia (Nokia is a Finnish telecom, IT, and electronics company) Pavilion during the India Mobile Congress 2025 exhibition at Yashobhoomi. Pradeep Gaur | SOPA Images | Lightrocket | Getty Images Nokia announced on Tuesday that Nvidia is taking a $1 billion stake in the networking company, the latest partnership for the artificial intelligence … Read more
Key Takeaways Strive Asset Management’s stock jumped 49% after Mike Alfred purchased over one million shares. Strive’s acquisition of Semler Scientific aims to boost its Bitcoin holdings and position in corporate crypto acquisitions. Share this article Shares of Strive Asset Management (ASST) rallied 49% on Monday after hedge fund manager Mike Alfred said he purchased … Read more
Key Takeaways ETHZilla will acquire a 15% stake in Satschel for $15 million as part of its transition from biotech to a crypto treasury platform focused on Ethereum accumulation and staking. ETHZilla, now trading under the ticker ETHZ, has shifted its business model and recently rebranded to emphasize its new strategy. Share this article ETHZilla, … Read more
Key Takeaways Citadel’s Ken Griffin beneficially owns 1,315,654 shares, representing 4.5% of the outstanding common stock of DeFi Development Corp. DeFi Dev Corp’s business model centers around acquiring and staking Solana tokens, boosting shareholder value through onchain yield and exposure. Share this article Kenneth Griffin, founder and CEO of Citadel, disclosed a 4.5% beneficial ownership … Read more
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