Tag: Stock
Robinhood Stock Plummets on Earnings Miss, JMP Analyst Stays Positive
Robinhood, the popular trading platform, saw its stock take a hit as it plummeted over 10% in premarket trading following its third-quarter earnings report. The negative reaction was not unexpected, considering the stock's strong...
TeraWulf Stock Drops 7% After $425M Convertible Notes Announcement
TeraWulf Inc., a Bitcoin mining company, saw its stock price drop by 7% to $5.84 after announcing a $425 million offering of 2.75% convertible senior notes due in 2030. This news caused concern among...
Investors Boost Metaplanet Stock by 10% with Bitcoin Purchase, Holdings Reach 225 BTC
Metaplanet, a company based in Japan, recently made a significant purchase of Bitcoin, acquiring 21.88 BTC worth ¥200 million (equivalent to $1.26 million). This purchase was made at an average price of ¥9 million...
MicroStrategy Boosts Bitcoin Investment with $700M Convertible Note Offering
Nasdaq-listed software company MicroStrategy, known for holding a significant amount of bitcoin (BTC) in its treasury, has decided to increase its convertible note offering to $700 million from the original plan of $500 million....