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🚨 Stripe to Buy Crypto Wallet Provider Privy for Undisclosed Amount; Builds on Stripe's Previous $1.1B Acquisition of Stablecoin Platform Bridge
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SoftBank is an IPO vending machine: Bitcoin-focused TwentyOne Capital is already out (≈1 % of NAV). Next up: Klarna, PayPay, Chime, Fanatics. Yet 9984 trades at record 65% discount to NAV. Shares +5% today says someone finally noticed & betting IPO window stays open.
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Digital assets-focused hedge fund Parataxis Holdings to Go Public via Merger with SilverBox. Santander-backed SPAC SilverBox ($SBXD) proposes business combination with Paratixis Holdings, with intention to capitalize on a transaction currently under development in South Korea.
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MSTR + CEP + ASST + SMLR + NAKA + DJT = $76B in capital raising ability to buy Bitcoin. That's 56% of the AUM of the Bitcoin ETFs and 169% of the net inflows the ETF complex has achieved in last 16 months. Source: Wells Fargo
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TD analyst who flagged MSFT capex slowdown in spring now sees leasing rebounding post-June fiscal year-end. Checks from Datacloud Congress more bullish on crypto miners with large capacity coming online by YE26 as ORCL and OpenAI drive infra demand.
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Japanese financial conglomerate SBI Holdings (8473 JP, mkt cap $10B) touts $50M Investment in $CRCL, "one of the largest allocations" in the IPO
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