BlackRock eyes 10% stake in Circle's IPO

BlackRock eyes 10% stake in Circle's IPO

Asset managers BlackRock and ARK Invest have indicated interest in acquiring over $150 million in Circle’s shares BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the…

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GameStop officially confirms first Bitcoin purchase of 4,710 BTC

GameStop officially confirms first Bitcoin purchase of 4,710 BTC

GameStop’s 4,710 Bitcoin purchase marks the first publicly announced BTC purchase by the company since it disclosed plans to move into Bitcoin investment in March. GameStop, the US video game and consumer electronics retailer, has officially announced its first Bitcoin purchase, confirming multiple reports on kicking off BTC investment. GameStop has purchased 4,710 Bitcoin (BTC),…

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Bitcoin’s ‘aggressive leg higher’ in Q3 still up in the air: Analyst

Bitcoin’s ‘aggressive leg higher’ in Q3 still up in the air: Analyst

The third quarter of the year has historically been Bitcoin’s weakest-performing on average, and analysts are debating whether its current momentum will continue. Bitcoin’s recent all-time high of $111,970 has sparked optimism among crypto market participants, but whether that carries through into the third quarter of this year remains uncertain, analysts say. “The coming weeks…

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