Strategy’s preferred-stock fix sets up renewed bitcoin buying, analysts say
Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.
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Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.
Bernstein sees Robinhood’s crypto business shifting toward infrastructure as new products like prediction markets and perps gain ground.
SoFi broke out crypto products for the first time. Gross crypto revenue rose 20%, while total net revenue hit a record $1.39 billion.
Galaxy returned to profitability in the third quarter as trading volumes and lending increased, with a new $200 million buyback authorized.
Amid a two-month puase on BTC buys, Strategy shares (MSTR) rallied alongside bitcoin as STRC continued its recovery toward its $100 target.