Galaxy Swings to $323M Profit and Expands Share Buyback
Galaxy Digital returned to profit in the third quarter and authorized another $200 million share buyback as trading and data-center operations grew.
U.S. crypto, financial markets and economic policy: the latest reporting from The Token Press.
Galaxy Digital returned to profit in the third quarter and authorized another $200 million share buyback as trading and data-center operations grew.
Crypto-linked groups have spent roughly $176 million across more than 100 U.S. midterm races as they seek support for durable digital-asset rules.
Coca-Cola lifted its 2026 earnings and cash-flow outlook after global beverage volumes rose 5%, while North American volumes remained flat.
Ripple National Trust Bank received final OCC approval to manage RLUSD reserves and provide fiduciary digital-asset custody under federal supervision.
Strategy used $204.9 million of cash to repurchase STRC preferred shares while making no bitcoin purchase or sale during the week.
The OCC encouraged community banks to consider becoming regulated payment-stablecoin issuers as a January federal licensing deadline approaches.
Strive disclosed a roughly $511.4 million Bitcoin purchase that lifted its holdings to 43,000 BTC while cash and common shares also increased.
The NBA named Kalshi and Polymarket its preferred prediction-market exchanges while adding limits, personnel bans and information-sharing safeguards.
Anthropic filed a public S-1 for a Nasdaq listing under ANT, opening its finances and governance to scrutiny while leaving the offer size and price unset.
Empery Digital resumed stock repurchases while reporting 1,018 bitcoin, $70 million in cash and a contingent Midwest data-center investment.
California's public pension giant reduced its combined direct Magnificent Seven shareholdings by 26% while broadening private-market exposure.
Evernorth can sell Cantor up to 5.22 million shares over roughly 14 months, with proceeds potentially funding XRP purchases and working capital.
U.S. spot Bitcoin ETFs kept a provisional $301.2 million weekly inflow after $773.5 million exited across Thursday and Friday.
Franklin Templeton has registered two proposed Nasdaq ETFs that would route stock dividends into a secondary Bitcoin allocation.
Binance now reprices eligible bStocks collateral around the clock, changing how margin buffers can move when U.S. equity markets are closed.
The Fed’s October decision will land alongside results from Alphabet, Microsoft and Amazon, concentrating rate and technology risk into one market week.
Bitcoin dipped below $80,000 before recovering, as thin weekend trading met elevated oil prices, Treasury yields and geopolitical uncertainty.
The Nasdaq-listed company agreed to buy McQueen Labs' token platform and microlending business, but closing still depends on due diligence and a definitive agreement.