Strategy Qualifies for S&P 500

Strategy (MSTR) with its bitcoin war chest worth ~$70 billion, could be added to the S&P 500 index as early as Friday. The company, despite receiving tons of investor backlash in August, still meets all the requirements for inclusion. But of course, the Dow Jones Indices committee will be the ultimate decider here. If approved, Strategy would become the first bitcoin treasury company on the benchmark. Friday’s S&P 500 rebalancing would take effect on September 19. Read more →

Figure Technologies, a blockchain-native platform for lending, trading and investing in consumer credit and digital assets, is targeting a valuation of up to $4.13 billion in its IPO, the company said on Tuesday, becoming the latest crypto firm to capitalize on revived investor interest in new listings. Figure and some of its existing investors plan to sell 26.3 million shares in the IPO at prices expected to be between $18 and $20, aiming to raise up to $526.3 million. Read more →

World Liberty Financial (WLFI) is officially live on exchanges. The tokens initially traded above $0.30 but have since fallen to $0.23, giving the token a more than $6 billion market cap and making it the 33rd largest crypto by market cap. This now makes the Trump family's crypto portfolio worth vastly more than their real estate. Read more →

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