BMC News

News
all
press releases
Wells Fargo sees rise of companies holding Bitcoin on balance sheets
Investing.com -- Wells Fargo says Bitcoin is entering an “institutional phase,” marked by the emergence of a new category of companies—what it calls “Bitcoin Treasury Corps”—that are using capital markets to amass large Bitcoin holdings.
investing.com
Wells Fargo sees rise of companies holding Bitcoin on balance sheets
Investing.com -- Wells Fargo says Bitcoin is entering an “institutional phase,” marked by the emergence of a new category of companies—what it calls “Bitcoin Treasury Corps”—that are using capital markets to amass large Bitcoin holdings.
investing.com
More News
Investing.com -- GameStop Corp (NYSE:GME) shares climbed over 2%, but pared back some gains premarket Wednesday, after the video game retailer disclosed a $513 million investment in bitcoin, a significant step in its strategy to diversify assets and strengthen its balance sheet. The company announced the acquisition of approximately 4,710 bitcoins in a regulatory filing, though it did not detail the timing of the purchases.
investing.com
Investing.com-- Circle Internet is seeing strong demand for its initial public offering, Bloomberg reported on Tuesday, as the stablecoin issuer benefited from improving sentiment around crypto on hopes of friendlier U.S. legislation. 
investing.com
Investing.com-- The largest U.S. banks are in early discussions to launch a joint stablecoin, aiming to counter the growing competition from the cryptocurrency industry, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
investing.com
Investing.com -- Cash attracted the strongest investor interest in the week to May 7, with money market funds pulling in $51.9 billion, the largest weekly inflow in over two months, according to Bank of America.
investing.com
President Donald Trump confirmed Monday that tariffs on Mexico, and Canada are set to go ahead on Tuesday as both nations have now run out of room to negotiate a deal.
investing.com
Investing.com -- Standard Chartered maintained its $500,000 Bitcoin price target, citing an evolving investor landscape that includes institutional, bank, and now sovereign buyers. 
investing.com
Investing.com -- The next phase of the Bitcoin bull market is taking shape, driven by institutional adoption, sovereign interest, and favourable regulatory developments, Bernstein said.
investing.com
Investing.com -- US stock futures traded a little lower Friday, as investors assessed the implications of President Trump's latest tariff announcement and parsed through a raft of inflation data earlier in the week.
investing.com
Investing.com -- Compass Point Research has initiated coverage on digital assets with a bullish outlook on Bitcoin, forecasting BTC/USD to reach $160,000 by the end of 2025. 
investing.com

Advertisement|Remove ads.