Long Reads

The 10 Public Companies With the Biggest Bitcoin Portfolios

For many years, the idea that publicly traded corporations might buy Bitcoin for their reserves was considered laughable. The top cryptocurrency was considered too volatile, too fringe to be embraced by any serious business.That taboo has been well and truly broken, with a number of major institutional investors buying up Bitcoin in recent years.The floodgates…

Law and Order

SEC Punts Decision Deadlines for Solana ETFs by Two Months

In brief The federal agency has used its last full 60-day extension period, setting a final decision date of October 16 for the pending Solana ETF proposals. Market observers remain cautious of Solana’s price action, weighing how the SEC’s decision could shape the outlook for other altcoin-linked ETFs. BlackRock has stated it does not plan…

Coins

Strategy Pushed ‘Deceptive’ Comparison to Apple and NVIDIA, Wall Street Veteran Says

In brief Strategy compared its P/E ratio to S&P 500 firms last month. That “deceptively” implied that its revenue is recurring, Andy Constan said. Strategy faces class action lawsuits over allegedly false and misleading statements. Strategy, formerly MicroStrategy, misrepresented its business to investors when measuring itself against S&P 500 firms last month, according to Damped…