Hut 8 Corp., a major player in energy and Bitcoin mining based in Miami, has announced its recent purchase of around 990 Bitcoin for approximately $100 million. This acquisition brings its total Bitcoin reserve to 10,096, valued at over $1 billion, making it one of the largest corporate holders globally. The firm has employed a ...
The digital currency and payments sector is growing quickly, influenced by technology and changing consumer habits. With the global digital payments Market valued at $115.93 billion in 2023 and projected to reach $180.26 billion by 2028, companies like Visa Inc. are leading the way. Visa, ranked as the top digital payment stock according to hedge ...
Cathie Wood, CEO of Ark Invest, believes Bitcoin could reach a staggering $3.8 million by 2030. If her projections hold, a $100 investment in Bitcoin today could turn into significant returns, ranging from approximately $266 in a bear case to nearly $3,914 in a bullish scenario. As Bitcoin recently crossed the $100,000 mark, Wood’s long-term ...
Worksport, a company listed on Nasdaq, is taking a bold step by investing up to $5 million, or 10% of its cash reserves, in Bitcoin and XRP. This decision aims to diversify its treasury strategy and safeguard its assets against inflation. Besides investments, Worksport plans to accept cryptocurrency payments on its online platform, potentially cutting ...
Ares Management Corp. has boosted its assets under management to $464 billion in the third quarter, marking a 17% increase from last year. This growth is fueled by heightened interest in its US direct lending funds and recent private equity acquisitions.
