The valuation assumes continued aggressive Bitcoin buying by MicroStrategy.
Read moreTech stocks plummet as Intel nosedives, Nvidia faces antitrust probe
It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.
Read moreARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
Read moreBitcoin traders warn of tough Q3 as Nikkei echoes ‘Black Monday’ 1987
Bitcoin faces traditionally challenging months, while Japan sees stock sell-off unmatched in nearly 40 years.
Read moreGalaxy Digital stock pullback a buying opportunity — Analyst
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer.
Read moreCathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest
Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July.
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