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Digital Assets

All articles tagged with #digital assets

BitGo Opens 2026 with a Hot IPO Amid Crypto Market Slump
industries1 month ago

BitGo Opens 2026 with a Hot IPO Amid Crypto Market Slump

BitGo Holdings opened its NYSE debut about 25% higher after pricing 11.8 million shares at $18, valuing the company around $2.08 billion; the IPO raised roughly $198.5 million with Goldman Sachs and Citigroup leading the deal. BitGo, which provides wallets, validation, trading and custody for digital assets, arrived as the crypto market showed weakness (bitcoin trading below $90,000), signaling robust investor appetite for crypto infrastructure despite broader uncertainty. BitGo also stated it has regulatory approval to convert BitGo Trust Co. to a federally chartered bank for digital assets, underscoring regulatory clarity as Kraken and others eye IPOs.

via MarketWatch|
#bitgo#btgo#correction-please-ignore-the-extra-tag
ASST Stock Soars Over 25% on Bitcoin Deals and Merger
business4 months ago

ASST Stock Soars Over 25% on Bitcoin Deals and Merger

Shares of Strive Inc. (ASST) surged over 25% in pre-market trading as the company deepens its focus on Bitcoin and digital assets, following a recent rally driven by its strategic moves into crypto investments and acquisitions. Despite high volatility, investors remain optimistic about its potential to become a major player in the digital asset management space.

via TipRanks|
#asst#bitcoin#business
Bitcoin Faces Challenges Amid Historic Crypto Selloff and Gold's Rise
finance4 months ago

Bitcoin Faces Challenges Amid Historic Crypto Selloff and Gold's Rise

Bitcoin has struggled to recover after a week-long selloff that erased hundreds of billions in value, falling from an all-time high of $126,251 to around $109,000, amid broader market turmoil and concerns over credit risks and geopolitical tensions. The cryptocurrency remains vulnerable, with $107,000 seen as a critical support level, and its performance acting as an indicator of overall market stress.

via Bloomberg.com|
#bitcoin#cryptocurrency#digital-assets
Bitcoin's Growing Role in Corporate Treasuries and Market Dynamics
business4 months ago

Bitcoin's Growing Role in Corporate Treasuries and Market Dynamics

The article discusses the surge of publicly traded companies adopting digital asset treasury strategies, primarily investing in cryptocurrencies like bitcoin, which has led to a $150 billion industry. While some firms have seen significant stock gains, many are trading at or below their crypto asset value, indicating a shakeout in the market. The focus is on the importance of metrics like mNAV and volume, and the potential for value investors to find opportunities amid the volatility and evolving industry landscape.

via Forbes|
#bitcoin#business#cryptocurrency