Category: nasdaq

As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’

As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’

While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many analysts and economists believe equities markets are in a […]

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Bitcoin mining firm Argo Blockchain explores secondary listing on Nasdaq

Bitcoin mining firm Argo Blockchain explores secondary listing on Nasdaq

Bitcoin mining firm Argo Blockchain, currently listed on the London Stock Exchange, is exploring a potential secondary listing on Nasdaq. Announcing the news on Tuesday, Argo said the timing or the terms of the listing are yet to be decided. Market and other conditions will be the guiding factors, it said. The news comes as […]

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Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.” Bitfarms Renewable Operations to List on Nasdaq Global Select Market The Canadian bitcoin mining firm Bitfarms announced on Thursday that […]

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Just-In: Hut 8 Mining to go Live on Nasdaq This Week

Hut 8 Mining, the largest North American crypto mining company is all set to debut on Nasdaq later this week. The firm’s stock would be listed on Nasdaq Select Market. The firm holds one of the highest installed capacity rates in the industry and is a global leader in held, self-mined Bitcoin of any crypto […]

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$160 Billion Asset Manager Entering Crypto Market in Collaboration With Nasdaq

$160 Billion Asset Manager Entering Crypto Market in Collaboration With Nasdaq

An asset management firm with nearly $160 billion in assets under management, Victory Capital, has announced that it is entering the cryptocurrency market. The firm has established exclusive agreements with Nasdaq and asset manager Hashdex. Asset Management Firm Entering Crypto Market Victory Capital Holdings Inc. (Nasdaq: VCTR) unveiled its plans to enter the cryptocurrency market […]

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$157B Asset Manager Victory Capital Partnered with Nasdaq to Enter the Cryptocurrency Space

Victory Capital Holdings has outlined plans to enter the cryptocurrency market through its wholly-owned investment adviser, Victory Capital Management. To do so, the branch has partnered with Nasdaq and crypto-focused asset manager Hashdex. Founded in 2013, Victory Capital Holdings is a US-based asset manager with nearly $160 billion in AUM as of April 30th, 2021. […]

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Carbon-Neutral Crypto Mining Picks Up Heat As The9 Acquires Montcrypto

The crypto mining industry is all set for a major change and industry players have already started moving towards carbon-neutral crypto mining options. Nasdaq-listed crypto mining company The9 Limited recently acquired Montcrypto to build a 20MW electricity supply for carbon-neutral crypto mining activity in Canada’s Calgary. Montcrypto’s carbon-neutral infrastructure will facilitate a green electricity supply […]

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Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’

Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’

The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M in Revenue for Q2 – Company […]

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Over 4 million shares: Why Cathie Wood’s Ark Invest is so bullish on Coinbase stock

Over 4 million shares: Why Cathie Wood’s Ark Invest is so bullish on Coinbase stock

Quick Take Cathie Wood’s Ark Invest currently holds over 4 million shares of Coinbase stock. Here’s why Ark is so bullish on the stock despite the steep price declines since its debut. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block. Get free […]

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