Cerebras IPO shares nearly doubled on their first day of trading, opening at $350 after pricing at $185 per share on Wednesday evening. Cerebras IPO shares opened at $350 on Thursday on the Nasdaq under the ticker CBRS, nearly doubling…
The post Strive Reports 15,009 Bitcoin, Zero Debt After Semler Merger and Note Buyback appeared on BitcoinEthereumNews.com.
Key Takeaways Strive expanded its bitcoin holdings through purchases and the Semler Scientific merger. Medical-device revenue helped lift quarterly sales, while fair-value losses drove a large deficit. Daily SATA dividends are expected to begin soon, pending board declarations. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with the U.S. Securities and Exchange Commission (SEC) on May 14, reporting 15,009 bitcoin as of May 12 after additional bitcoin purchases and debt repayment activity. The company listed $929.4 million in digital assets at March 31, before later disclosing updated cash holdings and a $50.5 million position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Semler Scientific’s merger added 5,048 bitcoin and medical-device operations to Strive. From A
Strive reported a larger bitcoin treasury after its Semler Scientific merger, reaching 15,009 bitcoin with no outstanding debt. The filing showed $929.4 million in digital assets, new medical-device revenue, and a major unrealized loss tied to fair-value accounting. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with […]
Cisco's stock surge highlights the speculative nature of AI-driven market trends, raising concerns about sustainability amid modest growth rates.
The post Cisco shares surge 15% as traders treat stock like meme favorite ahead of earnings appeared first on Crypto Briefing.
The post Coinbase stock surges 8% as CLARITY Act advances appeared on BitcoinEthereumNews.com.
Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. Summary Bitcoin hit $82,000 following the committee vote before retreating to $81,500, up 2.5% on the day. Strategy climbed 7% and Bitmine advanced 5.6%, with broader crypto equity gains extending to Nasdaq and S&P 500 record highs. The bill still requires a full Senate vote with a 60-vote threshold and reconciliation with a House-passed version before it can reach the White House. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with support from two Democratic senators providing the bipartisan margin that moves the bill toward the full Senate. Coinbase CEO Brian Armstrong had backed the current version of the bill ahead of the vote, calling it “closer than ever” to becoming law and describing the stablecoin yield compromise as
The post Gemini Stock Climbs 9% as Q1 2026 Earnings Show 42% Revenue Jump appeared on BitcoinEthereumNews.com.
Gemini Space Station (Nasdaq, GEMI) shares climbed roughly 9% to $5.73 in after-hours trade on Thursday after the listed crypto exchange reported a 42% jump in first-quarter revenue and a $100 million strategic investment from Winklevoss Capital. The firm also posted a narrower net loss of $109 million for the period ended March 31, while operating expenses grew 73% on stock-based compensation, severance, and credit card costs. Gemini Q1 2026 Earnings Show Revenue Diversification Services revenue and interest income climbed 122% from a year earlier to $24.5 million, making up 49% of the top line versus 31% in Q1 2025. Credit card revenue led the move, jumping nearly 300% to $14.7 million, with cumulative cardholders passing 123,700 over the trailing four quarters. Spot trading revenue, by contrast, slipped 27% to $17.2 million on quarterly volumes of $6.3 billion, down from $1
Elliptic's funding boost highlights the critical role of compliance in the evolving blockchain landscape, impacting global financial systems.
The post Elliptic closes $120M Series D led by One Peak Partners, backed by Deutsche Bank and NASDAQ appeared first on Crypto Briefing.
Strive’s SATA stock will become the first U.S. listed security to pay cash dividends every business day. Strive (Nasdaq: ASST) announced on May 14 that its Variable Rate Series A Perpetual Preferred Stock will shift from monthly to daily dividend…
Nvidia shares rose to a new high after US approvals opened the door for H200 chip sales to major Chinese buyers.
The post Nvidia hits record high as US clears H200 chip sales to China appeared first on Crypto Briefing.