Bitmine Launches $300M Preferred Stock Raise as Ethereum Treasury Nears 5% Milestone
Bitmine Immersion Technologies is moving forward with a $300 million perpetual preferred stock offering to fund further Ethereum acquisitions and staking operations
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SpaceX Pre-IPO Contract Flash Crashes 45% on Hyperliquid
A synthetic SpaceX perpetual futures contract on Hyperliquid experienced a sharp 45% drop within minutes, wiping out more than $1.5 million in leveraged positions. The incident highlights the risks associated with thinly traded pre-IPO markets that rely on oracle pricing rather than established spot benchmarks
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Strategy Skips Bitcoin Buys This Week as BTC Demand Hits Five-Month Low
Strategy has temporarily halted its Bitcoin acquisitions to focus on repurchasing convertible debt, marking a notable shift in capital allocation while Bitcoin's apparent demand reaches its weakest level since late 2025
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