Tag: Buy

SoftBank negotiating deal to buy DigitalBridge Group: Report

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Key Takeaways SoftBank Group is in talks to acquire DigitalBridge Group, a major player in digital infrastructure asset management. DigitalBridge manages data centers and telecom towers and is expanding into AI data centers in Asia through partnerships like KT in South Korea. Share this article SoftBank Group, a global investment holding company focused on technology and telecommunications, is in talks to acquire DigitalBridge Group, an alternative asset manager specializing in digital infrastructure. The potential acquisition would expand SoftBank’s portfolio in digital infrastructure investments. DigitalBridge manages assets including data centers and…

How Pros Buy Bitcoin Dips With DCA Like Institutions

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“Buy every dip.” That’s the advice from Strike CEO Jack Mallers. According to Mallers, with quantitative tightening over, and rate cuts and stimulus on the horizon, the great print is coming. The US can’t afford falling asset prices, he argues, which translates into a giant wall of liquidity ready to muscle in and prop prices up. While retail has latched onto terms like “buy the dip” and “dollar-cost averaging” for buying at market lows or making regular purchases, these are really concepts borrowed from the pros like Samar Sen, the…

Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs

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Key Takeaways Magic Eden will broaden its $ME token buyback program in 2026. Revenues from Swaps, Lucky Buy, and Packs will fund buybacks of $ME tokens and NFTs. Share this article Magic Eden, an NFT marketplace platform, will expand its $ME token buyback program in 2026 to include revenue from three key products: Swaps, Lucky Buy, and Packs. The expansion will direct revenue from these entertainment-focused features toward on-chain buybacks of $ME tokens and NFTs. Swaps enables users to exchange digital assets within the Magic Eden ecosystem, while Lucky Buy…

Goldman Sachs to buy Innovator Capital Management in push to grow its ETF lineup

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Key Takeaways Goldman Sachs is acquiring Innovator Capital Management to expand its ETF lineup, adding $28 billion in assets under supervision. The deal positions Goldman Sachs as a top ten active ETF provider, enhancing their offerings in the fast-growing defined outcome ETF category. Share this article Goldman Sachs has reached a deal to buy Innovator Capital Management, a prominent asset manager specializing in defined outcome ETFs, to strengthen its active ETF offerings, according to a Monday announcement. The transaction, valued at about $2 billion in cash and equity, is expected…

Coinbase Bitcoin premium turns green as US institutions buy again

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Key Takeaways The return of a positive premium indicates that US buyers are paying above global prices for Bitcoin. The shift suggests a revival in institutional accumulation following a prolonged negative phase. Share this article Coinbase Bitcoin Premium turned positive, indicating renewed buying activity from US-based institutions after an extended period of negative sentiment. The premium tracks Bitcoin’s price difference on Coinbase compared to other global exchanges, serving as a key gauge for US investor demand. The metric functions as a market indicator that reveals when US participants are paying…

Ethereum ICO Whale Sells $60M Of 9,000x Gain, Top 1% Buy ETH

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While some Ethereum OGs are cashing out, the top 1% richest Ether holders continue to quietly accumulate the world’s second-largest cryptocurrency, despite the market downturn. An Ethereum initial coin offering (ICO) participant sold another $60 million in Ether (ETH) on Wednesday after generating a 9,500-fold return on investment over the past 11 years. During the ICO, the investor purchased their Ether for about $0.31 per token, spending a total of $79,000 on 254,000 Ether tokens, now worth over $757 million, according to blockchain data platform Lookonchain.  Following the latest sale,…

Largest US pension faces losses as Strategy buy falls from $144M to $80M

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Key Takeaways CalPERS’ investment in MSTR dropped from $144M to $80M due to price declines. Strategy’s stock slump is linked to Bitcoin’s volatility and broader market conditions. Share this article California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the US by assets, has seen a drawdown in its first exposure to Strategy (MSTR). According to a recent SEC disclosure, the fund acquired 448,157 MSTR shares for over $144 million in the third quarter. The position is now valued at $80 million. However, the investment represents a…

Warren Buffett’s Berkshire Hathaway is already up $1.4B on its Alphabet buy

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Key Takeaways Berkshire Hathaway’s Alphabet investment has gained about $1.4 billion in value. The company’s 17.8 million Alphabet Class A shares are now valued at nearly $5.7 billion. Share this article Warren Buffett’s Berkshire Hathaway may be sitting on a sizeable paper profit from its recent Alphabet investment, with current market prices implying an unrealized gain of around $1.4 billion, if the conglomerate still holds the shares it disclosed last quarter. Berkshire disclosed in its November filing that it owned about 17.8 million Alphabet shares, valued at $4.3 billion at…

Texas becomes first US state to buy $10 million in Bitcoin for strategic reserve

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Key Takeaways Texas acquired $10 million in BTC on Nov. 20 as part of its newly approved Strategic Bitcoin Reserve initiative. The state made the initial purchase through BlackRock’s IBIT ETF, with plans to self-custody in the future. Share this article Texas has become the first U.S. state to purchase Bitcoin for its treasury, acquiring $10 million worth of BTC on November 20 as part of its newly established Strategic Bitcoin Reserve. The initial buy was executed through BlackRock’s spot Bitcoin ETF, IBIT, at an average price of approximately $87,000…

‘Buy now, pay later’ giant Klarna debuts stablecoin on Stripe’s blockchain

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Key Takeaways Klarna has launched its own payment stablecoin, KlarnaUSD, on Stripe’s blockchain to streamline cross-border payments. The stablecoin aims to cut costs for consumers and merchants while expanding Klarna’s services into crypto and international payments. Share this article Klarna, the Swedish “buy now, pay later” fintech giant, is entering the stablecoin space with the launch of KlarnaUSD on a Stripe-built blockchain, the Financial Times reported Tuesday. The rollout is aimed at streamlining international payments and reducing costs for both consumers and merchants as stablecoins help bypass intermediaries such as…