Tag: Buy

Coinbase Sock Rallies 8% After Goldman Sachs Upgrades Stock To Buy

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Coinbase shares spiked 8% after Goldman Sachs upgraded COIN from “neutral” to “buy” as it upped its 12-month price target on its growing diversification. In a report on Monday, Goldman Sachs analyst James Yaro said the bank has “selective optimism” about US brokers and “structurally growing crypto infrastructure businesses” such as Coinbase.  The firm upgraded COIN to “buy” and also raised its 12-month price target from $294 to $303 per share. COIN closed the day with an 8% gain, sitting at $254.92 at the time of writing, with minimal action…

Strategy Starts 2026 With $116M Bitcoin Buy, Posts $17B Loss in Q4

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Strategy, the world’s largest corporate holder of bitcoin, began the new year with its first purchase of 2026 while reporting a steep fourth-quarter paper loss as Bitcoin prices slid late last year. Strategy acquired 1,283 Bitcoin (BTC) for $116 million, boosting its holdings to 673,783 worth $62.6 billion purchased at an average cost basis of $75,026 per BTC, according to a Monday filing with the US Securities and Exchange Commission. The coins were acquired at an average purchasing price of around $90,000 each using proceeds from the sale of shares…

BitMine Capitalized on Year-End Tax-Loss Selling With $98M ETH Buy

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Ethereum treasury company BitMine Immersion Technologies scooped up $97.6 million worth of Ether on Tuesday as the crypto market remains muted in the final days of 2025. Nansen data shows BitMine purchased 32,938 Ether (ETH). Other data shows its total holdings is now 4.07 million ETH, worth $12 billion. BitMine also staked another 118,944 ETH, continuing its strategy to earn passive returns for shareholders. BitMine’s latest buying spree comes amid a broader crypto market compression, which Tom Lee,  the orchestrator of BitMine’s Ethereum strategy, said is partly due to an…

Mirae Asset in Talks to Buy Korean Crypto Exchange Korbit: Report

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Mirae Asset Group is in talks to acquire Korbit, South Korea’s fourth-largest cryptocurrency exchange, in a deal valued at roughly 100 billion to 140 billion Korean won ($70 million to $100 million). The potential acquisition would be led by Mirae Asset Consulting, a non-financial affiliate of the group, which has reportedly signed a memorandum of understanding with Korbit’s major shareholders, according to a Sunday report from The Chosun Daily. Korbit is primarily owned by NXC and its subsidiary Simple Capital Futures, which together hold about 60.5% of the exchange. SK…

Aave Founder Says $15M Token Buy Wasn’t Used in Controversial DAO Vote

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Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending protocol, denied claims that he recently purchased $15 million of Aave (AAVE) tokens to influence a controversial community vote that failed to pass.  “These tokens were not used to vote on the recent proposal, and that was never my intention. This is my life’s work, and I am putting my own capital behind my conviction,” Kulechov said. He also said that Aave Labs has not clearly communicated the economic alignment…

Bitmine Surpasses 4M ETH Holdings After $40M Buy

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Ethereum treasury company Bitmine has hit a key milestone after its Ether stash surpassed 4 million tokens this week following the firm’s latest $40 million purchase. Bitmine said on Monday that its holdings now sit at over 4.06 million Ether (ETH), with Lookonchain noting earlier in the day that the company bought 13,412 ETH, worth $40.61 million. The latest buy takes Bitmine’s total haul over the past week to almost 100,000 ETH, with the company adding it has bought all of its tokens at an average purchase price of $2,991…

Tether Makes Bid to Buy Football Club Juventus

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Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus that it has held for over 100 years. If Exor agrees, then Tether will make a “public offer for the remaining shares at the same price.” Juventus is a public company with a market capitalization…

Strive Launches $500M Stock Sale To Buy More Bitcoin

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Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases. The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.” It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which.  The move…

Bitcoin Hash Ribbons Suggest It’s Time to Buy BTC Again

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Bitcoin’s (BTC) Hash Ribbons metric, tracked by onchain analytics platform Capriole Investments, sent a “buy signal” for the fifth time in 2025. Key takeaways: A historically accurate Bitcoin price metric sends a “buy” signal for the fifth time this year. Miners’ BTC sales have accelerated since the beginning of October compared to earlier in the year. Bitcoin is stuck between the yearly open at $93,000 and the demand zone below $90,000, reflecting traders’ indecision on the direction of BTC’s price trend. Bitcoin Hash Ribbons: “Miners are under pressure” One historically-accurate…

French banking giant BPCE will start letting customers buy Bitcoin and major tokens on Monday

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Key Takeaways BPCE is allowing customers to buy Bitcoin, Ether, Solana, and USDC directly through its apps in a phased rollout starting with 2 million clients. The rollout begins with four of the group’s 29 regional banks, with a full expansion planned through 2026 as the bank monitors early performance. Share this article BPCE, France’s second-largest banking group, will start letting customers buy Bitcoin and other major coins next Monday, according to a new report from The Big Whale. The service will launch at four regional banks, targeting around two…