Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion…
Key Takeaways Strategy reported a $4.2 billion loss due to a $5.9 billion unrealized markdown reflecting Bitcoin’s price. The company plans to raise $21 billion for an accelerative Bitcoin strategy through equity offerings. Share this article Strategy reported a $4.2 billion net loss in the first quarter of 2025, primarily due to a $5.9 billion…
President Donald Trump’s tariffs are hitting tech companies hard, or at least they are in this one specific case. Wyze, a company that specializes in security equipment like cameras, took to X on Wednesday to share an example of what tech companies are going through right now. According to Wyze, one shipment of floodlights accrued…
Avalanche crypto is gearing up for a mega AVAX price rally to $30 as new Mapestory n GameFi launch beckons – here’s everything to know. Avalanche’s native token AVAX .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d is once again commanding market attention following a breakout…
The causes of the power outage that left millions in Spain and Portugal without electricity on Monday have yet to be fully determined, though service has now been restored across 99 percent of the Iberian peninsula. Red Eléctrica, the public company in charge of operating Spain’s transmission infrastructure, has preliminarily ruled out a cyberattack, human…
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of dwindling returns since December as the sector continued its downward earnings trend. April Wrecks Bitcoin Miners Again—Revenue Slides for Fourth Month in a Row Though the dip wasn’t dramatic, it was nonetheless a…
Sam Altman’s World has officially launched in the United States, with plans to deploy 7,500 of its eye-scanning orbs across American cities by the end of the year. The project has also revealed a suite of new features and partnerships as part of the expansion. US Expansion Plans An April 30 announcement reveals that the…
Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the…
Enso has partnered with Stargate and LayerZero to create a one-click liquidity migration solution for Unichain, setting the stage for up to $3.5b liquidity inflow. As Web3 advances, smooth movement across networks becomes more essential. Until now, transferring liquidity to Unichain has involved a complicated, multi-step process, discouraging many liquidity providers (LPs) from making use…
Behold, Earth. The live stream you see above is beamed down from the International Space Station, which orbits some 250 miles above our planet. It’s filmed by the Earth and space live streaming company Sen, whose high-definition camera system, SpaceTV-1, peers down at sprawling forests, oceans, metropolises, and beyond. “You see a beautiful planet and…
