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Stack BTC, backed by Nigel Farage, plans to acquire a gold dealer for $16 million. The proposed deal would use cash flow from precious-metals sales to increase the company’s bitcoin holdings, CoinDesk reports.
Kraken’s new xStocks vaults allow investors to seek DeFi yield by lending tokenized Nvidia shares and major U.S. stock-market ETFs. Cointelegraph reported the offering, but provided no details on rates or terms.
Bitcoin advanced as calls by AI executives to slow capability gains pressured Nvidia, Intel, AMD and other chip stocks, according to Decrypt. The cryptocurrency moved higher despite the negative reaction in AI-related equities.
Nvidia is reportedly considering up to $10 billion in Anthropic’s potential IPO. The AI company could seek as much as $100 billion, implying a valuation of about $2 trillion, according to Reuters.
Metaplanet has reset its Series 10 stock acquisition rights, eliminating more than $220 million in warrant value and related compensation after concluding that later Bitcoin purchases created less value per share.
Metaplanet has cut its potential Series 10 share pool by 41% to 188.2 million, extinguishing $220 million in value, CoinDesk reported. The bitcoin treasury firm did not provide further details in the supplied information.
