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Public companies’ crypto holdings soar to $160b
Share link:In this post: The market cap of public crypto companies has surged to $160 billion. Token-to-equity swaps give large crypto holders better liquidity and smoother exits without impacting token markets. Strategy raised $2.5 billion through STRC, a new Bitcoin-backed yield product offering monthly dividends and targeting retail investors.
Samsung profit miss signals deepening chip crisis
Share link:In this post: Samsung’s semiconductor division posted a much lower-than-expected profit of $288 million due to foundry losses and US export restrictions. Overall profit surged 15-fold to 10.4 trillion won, driven by strong AI chip demand and rising memory prices. A $16.5 billion Tesla chip deal lifted investor sentiment, but the tech firm still trails SK Hynix and TSMC in the AI memory race.
Bitcoin Drops After U.S. Imposes Tariffs on India
Tron Inc. Bets $1B on TRX in Bold Crypto Treasury Move
