Shares of Nvidia jumped around 5.39% to close at $207.09, bringing the chip company’s total worth back near the $5 trillion mark for the first time since geopolitical tensions sent markets tumbling earlier this year. The graphics processor manufacturer last touched this valuation level before stock prices fell during market turbulence tied to the Iran
Crypto asset manager 21Shares has listed preferred shares (ticker: STRC) of Strategy (formerly MicroStrategy, MSTR) on the London Stock Exchange, marking a significant expansion of digital asset-linked securities in traditional European markets. The listing, first reported by Decrypt, provides institutional and retail investors in the UK with direct access to a regulated product tied to
In brief 21shares launched the Strategy Yield ETN (STRC) on the London Stock Exchange, providing U.K. investors access to Strategy’s preferred shares. The ETN offers an 11.50% yield paid monthly in cash with tax deferral benefits. Strategy holds about $67 billion worth of Bitcoin and has seen surging demand for its STRC shares this year.
Famed startup accelerator Y Combinator is set to host interviews in New York City for the first time, focusing specifically on fintech and crypto startups, as it looks to back more firms in the space. “This is the first time YC has taken its interview process for a specific sector on the road in this
Coinbase engineering head Erik Reppel offered a glimpse into how artificial intelligence could reshape the economics of the internet, arguing that AI agents may force a shift away from the web’s ad-driven business model. Speaking onstage at Consensus Miami 2026, Reppel, the founder of the x402 payments protocol and head of engineering at Coinbase Developer
SpaceX plans an initial $55 billion Terafab chip and AI megafactory in Grimes County, Texas, as part of Elon Musk’s broader Austin-centered semiconductor and compute build‑out. SpaceX is preparing to pour an estimated $55 billion into the first phase of its Terafab super‑factory in Texas, according to a recent notice from Grimes County officials and
BlackRock, the world’s largest asset manager, accumulated over $1 billion worth of Bitcoin (BTC) and Ethereum ($ETH) through its spot ETFs in the first few trading days of May 2026. Most inflows came via the iShares Bitcoin Trust, which drew $871.3 million across May 1, 4, and 5. The strongest day was May 4, with
Strategy (NASDAQ: MSTR), formerly MicroStrategy, reported a $12.54 billion quarterly unrealized Fair Market Value (FMV) loss, yet its stock rose on May 6 as Bitcoin ($BTC) rebounded above $80,000. The market response supports the idea that investors are prioritizing the firm’s characteristic focus on acquiring ‘digital gold’ over traditional earnings metrics. However, while the company