Bitfinex Bitcoin longs peak at 80,636 BTC as price slides

SpaceX is gearing up for what's likely to be a blockbuster IPO, and Elon Musk's aerospace and AI firm holds more Bitcoin than expected.

SpaceX files for a Nasdaq IPO under SPCX, disclosing $4.69B in Q1 revenue, a $4.28B loss, and 18,712 BTC. The post SpaceX files for Nasdaq IPO under SPCX, discloses Bitcoin holdings and $4.3B Q1 loss appeared first on Crypto Briefing.

Nakamoto Inc. (Nasdaq: NAKA) announced a 1-for-40 reverse stock split on May 20, 2026, set to take effect at 12:01 a.m. ET on May 22, 2026. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. […]

The analyst's bullish stance on Strategy Inc. underscores the high-risk, high-reward nature of its Bitcoin-centric strategy, highlighting potential volatility and the critical role of Bitcoin's market trajectory in determining shareholder value. The post TD Cowen analyst assigns buy rating on Strategy, raises price target to $400 appeared first on Crypto Briefing.