Mustafa Ciftci | Anadolu | Getty ImagesRumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency.Shares rose nearly 4% in extended trading."We believe that the...
Category: Investing
Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook
Thomas Trutschel | Photothek | Getty ImagesThe board of Acurx Pharmaceuticals on Wednesday approved the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset.Shares of the company were last lower by more than 6% after spiking about 8% in premarket trading."As demand for bitcoin grows, and...
BlackRock expands its tokenized money market fund to Polygon and other blockchains
The BlackRock logo is pictured outside the company's headquarters in the Manhattan borough of New York City on May 25, 2021.Carlo Allegri | ReutersBlackRock has expanded its tokenized money market fund to include several more blockchains.The investment manager said Wednesday that its USD Institutional Digital Liquidity Fund (BUIDL) is now...
Top Wall Street analysts like these dividend-paying stocks
The major averages have been on a sharp upward turn since Donald Trump won the presidential election last week, but investors who want to buffer their portfolio from future market shocks may want to add dividend stocks.To select the right dividend stocks, investors can consider the recommendations of top Wall...
Goldman Sachs: Why individual investors need to look at private investments to further grow wealth
In the past decade, private investments exploded from $4 trillion to $14 trillion. Primarily led by institutional capital, investors poured money into private markets in their search for differentiated returns and alpha generation. This makes sense as alternative investments have consistently outperformed global public markets on 10-, 15-, and 20-year...