Core Viewpoint - Wall Street is increasingly adopting cryptocurrencies, with major financial institutions like Bank of America advising clients to allocate a portion of their portfolios to digital assets [1] Group 1: Bank of America's Involvement - Bank of America has increased its stake in Bitmine Immersion Technologies, owning 3,162,085 shares valued at $85.8 million as of Q4 2025, representing a 1,668% increase from its previous holding of 178,808 shares [2] - The bank is recommending a 1%-4% allocation of client portfolios to digital assets, indicating a strategic shift towards embracing cryptocurrencies [1] Group 2: Bitmine Immersion Technologies - Bitmine Immersion transitioned from Bitcoin mining to establishing an Ethereum treasury, with Tom Lee from Fundstrat appointed as chairman [3] - The company aims to acquire 5% of the total ETH supply, currently holding 4,371,497 ETH, which is 3.62% of the total supply, making it the largest corporate ETH treasury [4][5] - Despite its ambitions, Bitmine is facing challenges as the market experiences a crypto winter, with ETH losing 35% of its value in the last three months and BMNR stock down 37% in the same period [5]

Core Viewpoint - Coinbase reported a surprise loss for Q4 2025, with a significant decline in consumer transaction revenue, raising concerns among investors about its business model and market position [1][2]. Financial Performance - Coinbase posted a loss of $666.7 million, or $2.49 per share, for the quarter ending December 31, 2025, contrasting with analyst expectations for a profit [2]. - Transaction revenue fell to $982.7 million from $1.56 billion a year earlier, marking a more than 45% drop in consumer transaction revenue [3]. - The "subscription and services" segment saw a 13.5% increase, reaching $727.4 million, indicating a shift towards more recurring revenue streams [3]. Market Context - There was a net outflow of approximately $3.6 billion from U.S. spot Bitcoin ETFs in November and December 2025, with an additional $1.7 billion leaving in January 2026, reflecting a broader pullback from crypto investments [2]. - Major financial institutions are increasingly engaging with crypto, as evidenced by BlackRock's steps toward a U.S. Ethereum staking ETF and partnerships between traditional banks and crypto firms [9][10]. Regulatory Environment - The potential enactment of the Clarity Act could provide clearer federal oversight for digital asset markets, which may alleviate regulatory concerns in the sector [8]. - Coinbase's CEO highlighted that regulatory clarity is emerging, which could benefit the company and the broader crypto market [6]. Institutional Engagement - Coinbase's CEO noted that some large financial players are beginning to collaborate with the company, indicating a shift in institutional attitudes towards crypto [5]. - Partnerships with banks like Citi and PNC are aimed at modernizing payment solutions and offering Bitcoin trading to institutional clients [10].

CIMG Inc. Reports Fiscal Year 2025 Financial Results [Accessibility Statement] Skip NavigationHONG KONG, Feb. 18, 2026 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners' sales growth and commercial value, today reports its financial results for the fiscal year ended September 30, 2025, as reported in the Company's audited consolidated fin ...

Group 1 - Coinbase CEO Brian Armstrong stated that the company is "misunderstood" on Wall Street, with traditional finance players divided between embracing and resisting cryptocurrency [1][2] - Armstrong compared the skepticism towards cryptocurrency to how taxi companies viewed ridesharing models, suggesting that traditional finance professionals see crypto as a threat to their established careers [1][2] - He emphasized that Coinbase is not yet a consensus view among traditional analysts and encouraged focusing on the company's actions and track record rather than analyst models [2] Group 2 - Coinbase's fourth-quarter revenue for 2025 was reported at $1.78 billion, which missed analyst estimates, while the EPS was strong at $0.66, beating forecasts [3] - The full-year revenue for Coinbase reached $7.2 billion, marking a 9% increase from the previous year [3] - The stock has a consensus price target of $314.94 from 29 analysts, with an average price target of $194, indicating a potential upside of about 17.23% [3] Group 3 - Armstrong accused banks of stifling competition and called for lawmakers to create a "level playing field" through legislation [4] - Coinbase shares experienced a decline of 0.32% in after-hours trading, following a 1.03% increase during the regular trading session, closing at $166.02 [4] - The stock maintains a weaker price trend in the short, medium, and long term, with an average Value ranking according to Benzinga's Edge Stock Rankings [4]

Group 1 - BitGo has experienced a significant decline since its IPO in January, indicating potential volatility in its stock performance [1] - Despite the downturn, analysts maintain a positive outlook on BitGo, suggesting confidence in the company's long-term prospects [1] Group 2 - The crypto wallet industry continues to attract attention, with firms like BitGo positioned to capitalize on the growing demand for secure digital asset management [1] - Analysts highlight the importance of innovation and security in the crypto wallet sector, which could drive future growth for companies like BitGo [1]

The sharp correction in Bitcoin (BTCUSD) has impacted trading volumes in the cryptocurrency space. This negative is reflected in Coinbase (COIN) stock declining by 45% in the last 52 weeks. However, it seems that the correction is overdone, and COIN stock is poised for a comeback. One of the key catalysts for positive price-action is CLARITY crypto market structure legislation. Coinbase CEO Brian Armstrong is optimistic that the act is likely to be passed in the “next few months.” More News from Barchar ...

Gemini Space Station Inc., the crypto exchange founded by Cameron and Tyler Winklevoss that went public just before Bitcoin’s plunge, said three top executives left the company in a sweeping leadership shakeup that followed a broad round of layoffs earlier this month. The firm’s Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen and Chief Legal Officer Tyler Meade are all leaving the company effective immediately, New York-based Gemini said in a filing on Tuesday. Beard, who has als ...

Core Viewpoint - The company has experienced significant growth in profitability, revenue, and product innovation, despite the volatility in the crypto market, and is focusing on diversification beyond just crypto investments [2][4][5]. Financial Performance - The company reported 2025 as its most profitable year, with growing margins and revenues, and an increase in share buybacks as a strategic opportunity [2]. - The company has seen record levels of trading in gold, silver, and commodities, indicating strong performance in these areas despite a downturn in crypto [3]. Market Strategy - The company emphasizes diversification, having started as a securities broker before entering the crypto space, and continues to invest in equities and commodities during crypto downturns [4][5]. - The long-term prospects for Bitcoin and Ethereum are viewed positively, with expectations of significant price increases and opportunities in the tokenization of financial services [6][7]. Customer Behavior - The company notes that customers are resilient during bear markets, with an increase in the number of units of Bitcoin and Ethereum held, indicating a trend of "hodling" [10]. - The profile of customers engaging in recent selling is being analyzed to understand future trends in the crypto market [7]. Product Development - New product offerings are being introduced, including a non-custodial crypto wallet and new asset types, which are expected to enhance customer engagement and trading options [11].

Nakamoto (NASDAQ: NAKA)signed definitive agreements Tuesday to acquire media company Bitcoin Magazine–including its international conference series, the Bitcoin Conference–and investment firm UTXO Management. The transaction consolidates media, asset management, and advisory services under one public entity. The acquisition is an all-stock transaction valued at approximately $107.3 million based on Nakamoto’s February 13 closing price of $0.2951. Under the terms, Nakamoto will issue approximately 363.6 m ...

HIVE Digital Technologies (NasdaqCM:HIVE) Q3 2026 Earnings call February 17, 2026 08:00 AM ET Company ParticipantsAydin Kilic - CEODarcy Daubaras - CFOFrank Holmes - Executive ChairmanGareth Gacetta - Equity Research AssociateNathan Fast - Director of Marketing and BrandingConference Call ParticipantsDarren Aftahi - Managing Director and Senior Research AnalystFedor Shabalin - Equity Research AnalystMichael Grondahl - Head of Equity Research and Senior Research AnalystNathan FastHello, and welcome to today' ...