Coinbase Nears $2 Billion Deal to Acquire Stablecoin Startup BVNK
Coinbase is reportedly in late-stage talks to acquire BVNK for around $2 billion, aiming to strengthen its stablecoin and payments strategy amid growing industry activity.
Coinbase is reportedly in late-stage talks to acquire BVNK for around $2 billion, aiming to strengthen its stablecoin and payments strategy amid growing industry activity.
Michael Saylor’s Strategy raises the yield on preferred shares to 10.5% to attract investors and fund more Bitcoin buys, even as its stock premium and demand show signs of strain.
Getty Images’ stock spiked up to 85% after signing a multiyear licensing deal with AI search startup Perplexity — but early excitement quickly faded as shares plunged back down.
Ginkgo Bioworks extends its multi-year collaboration with Bayer to develop next-generation biological products for agriculture, focusing on nitrogen fixation and sustainable farming.
Luminar Technologies enters forbearance agreements with debt holders, explores bankruptcy options, and faces major customer changes.
First Solar exceeds Q3 sales targets with $1.6B revenue and announces new 3.7 GW U.S. factory, though annual outlook revised down due to contract issues.