by Leland Li | Jun 12, 2025 | Retail, Stock Market
GameStop (NYSE: GME) stock plunged nearly 25% on Thursday after the video game retailer announced plans to raise $1.75 billion through the sale of convertible bonds. The move, aimed at boosting cash reserves, involves issuing convertible senior notes that investors...
by Shivam | Jan 24, 2025 | Blockchain, Cryptocurrency, Economics
The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
by Andy Liao | Jan 9, 2025 | Blockchain, Cryptocurrency, Investing News, Market News, Stock Market
Bitcoin (BTC-USD) continued its downward trajectory on Thursday, touching its lowest levels since November, trading as low as $92,500. The decline marks a stark contrast to the cryptocurrency’s meteoric rise in the weeks following President-elect Donald Trump’s...
by Natalie Matejkova | Dec 5, 2024 | Blockchain, Cryptocurrency, Investing News
US equity futures traded within narrow ranges on Thursday as investors took a pause from the record-breaking rally that has characterized recent market activity. Amid this quieting in stocks, Bitcoin made headlines by surging above the $100,000 mark for the first...
by Justin Wong | Nov 20, 2024 | Blockchain, Investing News, Market News, Stock Market
MARA Holdings (NASDAQ: MARA) saw its stock surge 16% early Wednesday, following the announcement of a significant $850 million zero-coupon convertible note offering. This bold financial maneuver comes with an additional $150 million option for initial purchasers,...
