Nasdaq-listed company Mangoceuticals announced that it will partner with Cube Group to establish a subsidiary, Mango DAT, to advance its strategy of building a $100 million SOL digital asset treasury (DAT), which will be raised through ATM financing programs and the sale of common shares. It is reported that the company also filed a trademark application for "MULTI-DAT" with the US Patent and Trademark Office to promote a series of strategic digital assets and DeFi initiatives.
Swedish regulated digital asset management company Virtune has announced the launch of an innovative cryptocurrency exchange-traded product, Virtune Bittensor ETP, on the Stockholm Exchange. Product details include: 1:1 exposure Bittensor, 100% physical backed by TAO, with an annual management fee of 1.95%. Trading under the symbol VIRTAO, denominated in SEK, began on December 19.
Nasdaq 100 futures extended their gains, with the latest gain reaching 1.2%.
U.S. stock index futures hit new intraday highs, with the Nasdaq 100 contract up 0.8 percent.
The Nasdaq 100 index fell 1% to its lowest intraday level since November 25.
Healthcare and bitcoin treasury firm KindlyMD (NAKA) is at risk of delisting from the Nasdaq exchange after its share price fell below $1 for 30 consecutive trading days. According to the company's Dec. 12 filing with the Securities Exchange Commission, KindlyMD must raise its share price above $1 and maintain it for 10 consecutive trading days by June 8, 2026, to avoid delisting. The stock first fell below $1 in late October and closed at $0.38 on Monday. According to BitcoinTreasuries.net data...
Trump's eldest son, Donald Trump Jr., invests in Nasdaq-listed company Thumzup Media, which holds cryptocurrency reserves, announced that the acquisition of Dogecoin and Litecoin infrastructure company Dogehash Technologies has been approved by shareholders and Nasdaq. After the transaction is completed, the company will be renamed "Datacentrex" and will be traded under the "DTCX" ticker symbol after the Nasdaq market opens on December 16. Dogehash currently has about 3,100 Scrypt ASIC mining ri...
Nasdaq said it would file with the Securities Exchange Commission on Monday to apply for near-round-the-clock stock trading, extending the trading hours for stocks and exchange-traded products to 23 hours from 16 hours on five trading days a week. Nasdaq currently has...
According to Reuters, Strategy (formerly MicroStrategy) will remain in the Nasdaq 100 index as a constituent stock despite growing scrutiny over its massive bitcoin hoarding. The results of the annual index correction confirm that Strategy has not been removed and its seat will be retained after the new round of adjustments takes effect. The report pointed out that the market's attention to Strategy has mainly focused on its business model that is highly dependent on bitcoin price fluctuations, ...
The Nasdaq exchange has been given greater discretion to reject IPO applications that pose a risk of manipulation. The new rule was approved by the Securities Exchange Commission (SEC) with immediate effect on Friday. The new rule authorizes Nasdaq to reject a company's listing if: the location of the company's business does not cooperate with U.S. regulators; underwriters, brokers, lawyers or auditors have been involved in questionable transactions; and there are concerns about the integrity of...