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Breaking: Tom Lee’s BitMine Adds 51,162 ETH Amid Vitalik Buterin’s Ethereum Sales
Yahoo Finance· 2026-02-23 14:15
Ethereum staking yields $171M as BitMine expands treasury — Source: CoinGape BitMine added 51,162 ETH, lifting Ethereum holdings to 4.42M total. BitMine now controls 3.66% of total ETH supply, nearing 5% goal. Vitalik Buterin sold 1,869 ETH after two weeks pause as Ether trades near $1,928. Tom Lee’s BitMine disclosed today that it bought 51,162 ETH last week. The purchase, announced alongside updated treasury figures, came as Ether traded near $1,927 following recent volatility. The company said i ...
Memecoins post gains as largest crypto tokens languish
Yahoo Finance· 2026-02-10 11:50
Bitcoin (BTC) is struggling to regain a foothold above $70,000 as altcoins outperform. The largest cryptocurrency is little changed over 24 hours, while the broader CoinDesk 20 (CD20) index rose 0.40% even as ether (ETH) declined. Memecoins are leading gains, with the CoinDesk Memecoin Index (CDMEME) adding 1.5% as PIPPIN climbed 46%. Tokens linked to artificial intelligence (AI) also fared well. Worldcoin (WLD), co-founded by OpenAI CEO Sam Altman, rose more than 3% in the past day, while Virtuals’ VIR ...
K Wave Media Issues Corporate Update Highlighting SEC Clearance, Strategic Acquisition, and Financial Restructuring Progress
Globenewswire· 2025-12-18 12:30
Core Insights - K Wave Media has achieved SEC clearance for the Anson Funds resale registration statement, enhancing its capital-raising capabilities and financial flexibility [2] - The company announced a strategic acquisition of Rabbit Walk, expected to increase revenues by 25-30%, approximately $20 million, over the next 12 months [3] - K Wave Media is focused on executing its growth strategy, including the expansion of its K-IP STO platform and Bitcoin Treasury Plan [5] Capital Strategy - SEC clearance for the Anson Funds registration statement is seen as a pivotal step in restoring momentum behind the company's Bitcoin Treasury Plan, which faced delays due to a government shutdown lasting over 43 days [2] - This regulatory achievement is expected to accelerate growth initiatives and enhance shareholder value [2] Strategic Acquisition - The acquisition of Rabbit Walk, a visual effects and AI-powered advertising studio, is anticipated to close soon and will add significant clients to K Wave Media's portfolio, including Samsung, LG, TCL, and Hisense [3] - The acquisition is part of K Wave Media's strategy to enhance its creative portfolio and content distribution reach while maintaining financial discipline through performance-based share issuance [3] Leadership Commentary - The CEO of K Wave Media emphasized that the SEC clearance will help initiate additional capital-raising opportunities and strengthen the foundation for the company's growth and global expansion [5] - The company is committed to executing its vision and delivering long-term value to shareholders [5] Company Overview - K Wave Media is a publicly listed company focused on creating, distributing, and monetizing high-quality content across multiple platforms, with a strong emphasis on strategic growth initiatives since going public in 2025 [6]
BTC Revaluation Masks A Tough Q2 For Riot Platforms
Seeking Alpha· 2025-08-01 10:30
Core Viewpoint - The analysis of Riot Platforms (NASDAQ: RIOT) suggests it is a suitable trading option but not recommended for long-term holding [1]. Group 1: Company Overview - Riot Platforms is involved in the cryptocurrency sector, specifically focusing on Bitcoin mining [1]. - The company has been covered previously, indicating a level of ongoing interest and analysis in its performance and market position [1]. Group 2: Analyst Perspective - The analyst expresses a personal investment in Bitcoin, indicating a vested interest in the cryptocurrency market [2]. - The article reflects the analyst's independent opinions and does not represent any external business relationships [2].