Core Insights - Bitpanda Technology Solutions (BTS) has partnered with Ribbon Plc to launch a digital asset investment offering for the UK market, integrating Bitpanda's infrastructure for crypto trading, custody, and execution [1][3][4] Group 1: Partnership Details - The partnership aims to meet the growing demand for regulated digital asset capabilities among fintech platforms as institutions explore crypto-related products [2] - Ribbon will utilize Bitpanda's technology stack to support a new digital asset investment service tailored for UK customers, enhancing its product suite [3][4] - The planned offering will include functionalities such as buy and sell, staking, swaps, savings plans, open-loop crypto transfers, and omnibus custody, supported by Bitpanda's infrastructure and liquidity [5] Group 2: Market Context and Company Goals - The partnership reflects evolving institutional expectations around digital assets, with financial firms seeking infrastructure partners that can support long-term strategies with scale and resilience [6] - Ribbon Plc focuses on serving global economic migrants with a digital financial super-app that offers multi-currency IBAN accounts, cross-border remittances, and other financial tools [6][7] - The CEO of Ribbon emphasizes the goal of creating a trusted platform that combines regulatory foundations with scalable technology to facilitate cross-border financial activities [7]

strategy stock, mstr stock, bitcoin price. Photo by BeInCrypto Strategy (formerly MicroStrategy) stock (MSTR) had a difficult 2025, declining 49.3% as sustained selling pressure drove shares to their lowest level since late September 2024. As 2026 begins, the outlook remains challenging, with the company facing growing uncertainty over a potential exclusion from the MSCI index as the decision deadline looms on January 15. Why (Micro) Strategy's Stock Struggled in 2025 2025 proved to be a tough year for ...

Core Insights - Strategy, formerly known as MicroStrategy, has successfully retained its position in the Nasdaq 100 index, which tracks the largest non-financial companies in the U.S. by market capitalization [1][2] Company Overview - Strategy is the world's largest corporate holder of Bitcoin, with a treasury of 671,268 coins valued at approximately $60 billion [3] - The company transitioned from a software firm founded in 1989 to a Bitcoin-focused entity in 2020, driven by founder Michael Saylor's interest in digital assets during the COVID-19 pandemic [3] Market Context - The Nasdaq index has undergone changes, adding and removing six companies, with the adjustments set to take effect before the market opens on December 22 [2] - Strategy's retention in the Nasdaq 100 is significant given the recent delisting risks it has faced from major stock indices [2][5] Financial Performance - The company's Bitcoin acquisition strategy has faced scrutiny due to the recent downturn in the crypto market, where Bitcoin's price dropped from a peak of $126,000 to $90,000 [4] Regulatory Environment - The MSCI USA Index, which tracks large-cap and mid-cap U.S. companies, is considering excluding companies with over 50% of their assets in digital assets, which poses a potential risk for Strategy [7] - Ongoing discussions between Strategy and MSCI could determine the company's future in the index [7]

Core Insights - NewGenIvf Group Limited reported a net income of $17.5 million for the nine months ended September 30, 2025, a significant turnaround from a net loss of $416,400 in the same period of 2024, primarily due to strategic acquisitions and a bargain purchase gain [3][4][10]. Financial Highlights - Total revenues for the nine months ended September 30, 2025, were $3.3 million, down from $4.2 million in the same period of 2024 [10]. - Cost of revenues remained stable at $2.9 million compared to the previous year [10]. - Total other income was $23.20 million, a substantial increase from a loss of $346,748 in the prior year, mainly due to a non-cash bargain purchase gain of $23.44 million from acquisitions [10]. - Basic earnings per share improved to $96.76 from a loss of $205.97 in the same period of 2024 [4][17]. Business Highlights - The company executed a strategic pivot towards acquiring high-value intellectual property, including the acquisition of MicroSort® technology and advanced cytometry IP from Nodexus, resulting in significant bargain purchase gains [3][4][10]. - NewGen is expanding into digital assets, planning to invest up to $30 million in Solana (SOL) and engaging in tokenization of a $2 million private art collection and a $100 million tranche of gold-backed assets [4][5]. - A joint venture in UAE real estate was established, securing a 60% ownership interest in a strategic land development project [4][5]. - The company is exploring a potential reverse merger with SAXA, Inc., which would provide access to mining assets [4][5]. Strategic Initiatives - The company has authorized a share repurchase program of up to $2 million over 24 months, reflecting management's confidence in the company's intrinsic value [4][5]. - A one-for-five reverse stock split was executed on December 1, 2025, to enhance the trading value of its shares [4][5].

Core Viewpoint - CoinShares International Limited has received a waiver from Nasdaq Stockholm, allowing the company to forgo the publication of its Q3 2025 financial results, which were originally scheduled for November 11, 2025, as part of its transition to a U.S. listing through a merger plan [1][5]. Group Summary - CoinShares reported strong performance in Q3 2025, benefiting from favorable industry conditions and sustained investor confidence [2]. - The company is in the process of changing its listing venue from Sweden to the U.S., which requires auditing of historical financial information under PCAOB standards for compliance [3]. - The decision to not publish Q3 results is linked to the U.S. listing process, as including this information would delay the registration statement on Form F-4 due to additional audit requirements [4]. - The waiver granted by Nasdaq Stockholm is a one-off measure to facilitate the ongoing transaction, and the company remains committed to keeping investors informed of material developments [5][7]. - CoinShares has consistently provided detailed quarterly financial information since its initial listing in March 2021, and looks forward to resuming regular reporting after the completion of the transaction [6][7].

Core Insights - The bullish trend in digital asset investments may have ended abruptly due to Donald Trump's announcement of higher tariffs on China, leading to significant market volatility [1][2][9] Investment Flows - Digital asset investment products recorded $3.17 billion in weekly net inflows for the week ending October 10, 2025, bringing year-to-date inflows to a record $48.7 billion [2][3] - October's monthly net inflows reached $5 billion, surpassing September's $3.53 billion [8] Market Volatility - Following the tariff announcement, the market experienced the largest liquidation event in Bitcoin and crypto history, with total Assets Under Management (AuM) falling by 7% to $242 billion [2][5] - Bitcoin products saw inflows of $2.67 billion, raising year-to-date inflows to an all-time high of $30.2 billion, although they have not yet surpassed 2024's $41.7 billion [5] Trading Volumes - Weekly trading volumes for digital asset exchange-traded products (ETPs) reached a record $53 billion, double the weekly average for 2025 [5] - The day of the tariff announcement saw the largest-ever daily trading volume at $15.3 billion [5] Specific Asset Performance - Ethereum products captured $338 million in inflows despite experiencing $172 million in outflows on the day of the tariff announcement [6] - Solana (SOL) and Ripple (XRP) products also saw reduced inflows, with $93.3 million and $61.6 million, respectively [6] Bitcoin ETF Insights - U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $2.71 billion in weekly net inflows last week [7]

Core Insights - Liminatus Pharma, Inc. has initiated a strategic internal review to explore the potential formation of a dedicated digital asset investment vehicle [1][2] - The prospective subsidiary aims to diversify the company's long-term treasury strategy and will operate independently from its core clinical pipeline [2] - If approved, the company anticipates targeting up to $500 million in potential capital formation through various financing tools [3] Company Overview - Liminatus Pharma is a preclinical-stage biopharmaceutical company focused on developing targeted cancer immunotherapies [6] - The company is advancing a pipeline of novel therapies that target cancer antigens and tumor-specific immune responses [6] - Liminatus is committed to responsible innovation in capital strategy to support its long-term scientific and operational objectives [6] Current Status - No capital has been raised or committed, and no agreements or partnerships have been established at this stage [4] - The internal review is subject to final Board approval, regulatory compliance, and prevailing market conditions [4][5] - The company is working with legal, financial, and regulatory advisors to determine the optimal structure and compliance framework for the proposed initiative [5]

Core Viewpoint - WonderFi Technologies Inc. has received approval from its shareholders and brokers warrant holders for the acquisition by Wrangler Holdings Inc., a subsidiary of Robinhood Markets, Inc. [1][2] Group 1: Acquisition Details - The special resolution for the acquisition was approved by 96.28% of the votes cast by shareholders and 96.3% of the votes cast by brokers warrant holders [2] - Shareholders will receive C$0.36 per share as consideration, while brokers warrant holders will receive a cash amount based on the Black-Scholes value of their warrants [3] - A total of 321,024,400 votes were cast, representing approximately 48.36% of all issued and outstanding shares [2] Group 2: Next Steps and Timeline - WonderFi will seek a final order from the Supreme Court of British Columbia to approve the arrangement, with a hearing expected around July 21, 2025 [4] - The acquisition is anticipated to close in the second half of 2025, contingent on the satisfaction of all conditions in the arrangement agreement [4] Group 3: Earnout Rights Holders - Earnout rights holders have approved an extraordinary resolution to amend the earnout rights indenture, with 98.04% approval [5][6] - The last interim earnout payment period will be from July 1, 2025, to the earlier of the business day before the arrangement's effective date or November 14, 2025, with an aggregate earnout payment of $199,396 to be distributed [7][8] Group 4: Company Overview - WonderFi is a leader in centralized and decentralized financial services, managing over $1.7 billion in client assets [9] - The company aims to provide diversified investment exposure across the global digital asset ecosystem and owns market-leading brands such as Bitbuy and Coinsquare [10]

Core Viewpoint - CoinShares International Limited has amended its financial calendar, specifically the release date for its Q2 earnings report, to allow for an interim review by auditors [2][3]. Company Overview - CoinShares is a global investment firm specializing in digital assets, providing a range of financial services including investment management, trading, and securities [4]. - The company has been focused on cryptocurrency since 2013 and is headquartered in Jersey, with additional offices in France, Sweden, Switzerland, the UK, and the US [4]. - CoinShares is regulated by various financial authorities, including the Jersey Financial Services Commission and the US Securities and Exchange Commission [4]. - The company is publicly listed on Nasdaq Stockholm under the ticker CS and on OTCQX under the ticker CNSRF [4].

Core Viewpoint - Metalpha Technology Holding Limited has announced the availability of its shares for trading on the Frankfurt Stock Exchange, enhancing its visibility and accessibility for European investors while maintaining its primary listing on the Nasdaq Stock Market [1][2]. Company Overview - Metalpha Technology Holding Limited is a leading digital asset wealth management company that provides digital asset-focused wealth management services through a full-service, institutional-grade platform [3]. - The company aims to become a leader in digital asset-based wealth management, emphasizing innovation and transparency in its offerings [3]. Market Impact - The listing on the Frankfurt Stock Exchange is expected to facilitate investor access across European and international markets, aligning with the growing global interest in digital asset investments [2].