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Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares


Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial...

FTX Strikes Deal to Offload Two-Thirds of Anthropic Stake for $884M


Bankrupt crypto exchange FTX agreed to sell the majority of its shares in AI startup Anthropic for $884m, according to court filings from Friday.   The post FTX Strikes Deal to Offload Two-Thirds of Anthropic Stake for $884M appeared first on Cryptonews

Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN


Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday following a nearly $69 million offloading Monday. Ark Invest's  latest move comes as Bitcoin's value reaches an all-time high. The post Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN...

Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge


In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto...

NYCB Shares Plunge 42% Before Rebound on $1 Billion Capital Raise


New York Community Bancorp (NYCB) made headlines on Wednesday as its stock experienced a dramatic plunge of 42% before staging a rebound following the announcement of a $1 billion capital raise.    The post NYCB Shares Plunge 42% Before Rebound on $1 Billion Capital Raise appeared first...

AI Tokens to Democratize Access To Artificial Intelligence Models


Artificial Intelligence (AI) is set to be one of the most transformative technologies of the century. A new report from ResearchAndMarket.com projects the global AI Market is expected to be valued at around $1,057.47 billion by 2030. Unsurprisingly, this potential has fueled immense growth...

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