Tag: SEC

eToro Rockets Past IPO Ceiling in Blockbuster Nasdaq Debut

By Emir Abyazov Shares of cryptocurrency and stock trading platform eToro (ETOR) finished their first day of public trading up 28.9% after a significant last-minute increase in its IPO. The day before, on May 13, eToro increased its initial public offering to $620 million, pricing its shares above the previously proposed range of $46 to $50 […]

Tether-Backed Company Buys 4,812 BTC for $458 Million as Corporate Bitcoin Adoption Accelerates

By Marco Piccolo In the latest development in the growing landscape of corporate Bitcoin treasuries, Twenty One Capital, a newly launched Bitcoin investment firm spearheaded by Strike founder Jack Mallers, has acquired 4,812.2 BTC for $458.7 million. Trade Crypto on Kraken Tether facilitates strategic Bitcoin purchase for Jack Mallers’ Bitcoin-first firm The purchase, facilitated by […]