Reported about 8 hours ago
In its latest regulatory filing, Strategy (MSTR) announced an unrealized gain of $14.05 billion for Q2 on its bitcoin holdings, bolstered by favorable accounting changes effective January 2025. Meanwhile, Coinbase faced a double downgrade to 'Sell' by H.C. Wainwright, despite a positive outlook on the crypto sector, while Bit Digital transitioned to an Ethereum-focused treasury strategy. Mizuho initiated coverage of Circle with an Underperform rating amid concerns about its growth potential, and Semler Scientific has pivoted to bitcoin as its primary treasury reserve.
Source: YAHOO