Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
14:46
ARM's Market Value Surpasses $300 Billion; Masayoshi Son and SoftBank Have Profited Over $220 Billion in Recent Years
On May 21, driven by a surge in global AI computing power demand, chip architecture giant ARM saw its stock price soar over 10% during trading, marking its total market value surpassing the $300 billion threshold for the first time (reaching $300.9 billion). This historic milestone signifies that major shareholder SoftBank Group and founder Masayoshi Son have entered a phase of unprecedented returns in their investment careers, referred to as a 'super myth.' According to public data, SoftBank Group currently holds approximately 87% of ARM's shares. Based on an estimated total cost of around $40 billion from the '2016 privatization acquisition' and 'forced buyback before the 2023 IPO,' this investment has generated over $220 billion in profit in just a few years (approximately 1.6 trillion yuan), with an astonishing return rate of 550%.
14:42
Stablecorp issues Canadian Dollar stablecoin QCAD on Arc testnet
Foresight News reported that Circle announced in an article that Canadian digital asset infrastructure company Stablecorp Digital has issued the Canadian dollar stablecoin QCAD on the Arc testnet and completed integration with Circle’s institutional-grade stablecoin FX engine StableFX. After the Arc mainnet launch, this integration will transition to the production environment, thus expanding the Canadian dollar/US dollar stablecoin-based FX trading infrastructure within the Arc ecosystem.
14:42
The president of ConocoPhillips Canada stated that the energy agreement reached between Canada and the province of Alberta has significantly improved the risk profile for oil and gas investments in Canada.
The agreement provides a clearer and more stable policy framework for the energy industry, helping to reduce the uncertainty of long-term investments and thereby enhancing Canada’s attractiveness as an energy investment destination.
News