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fromTNW | Finance
2 weeks ago

The Winklevoss twins paid 2.5x the share price to lift Gemini off the floor

Gemini Space Station shares surged more than 20% in premarket on Friday after the Winklevoss Capital Fund bought $100m of stock at $14, well above Thursday's $5.26 close, and the exchange reported a smaller Q1 loss than expected. The Winklevoss twins have written a $100m cheque to their own company. Winklevoss Capital Fund, the family vehicle of Gemini Space Station co-founders Tyler and Cameron Winklevoss, closed a private placement on Thursday for 7,142,857 Class A shares at $14 each.
Cryptocurrency
Cryptocurrency
fromnews.bitcoin.com
2 weeks ago

Adam Back Joins Capital B's 15.2M Round to Expand Bitcoin Holdings

Capital B raised €15.2 million to buy about 182 more bitcoin, with Adam Back increasing his stake and warrants enabling up to €99.1 million more funding.
Business
from24/7 Wall St.
1 month ago

Did Oscar Health's CEO Just Cast a $12 Million Vote of Confidence?

Insider purchases indicate confidence, but Mark Bertolini's $12 million buy of Oscar Health stock raises questions about its bullish nature.
Business
fromBusiness Matters
5 months ago

Insights From a Global Career: A Conversation With Sir Patrick Bijou

Sir Patrick Bijou is a globally experienced investment banker and fund manager specializing in debt capital markets, private placements, and philanthropy, emphasizing finance for progress.
Fundraising
from24/7 Wall St.
7 months ago

Reddit's Newest Low-Priced AI Stock Is Fueling Extreme Trading Volumes

POET's $75 million private placement and ensuing volatility sparked intense Reddit-driven retail speculation despite being an unlikely buy-and-hold candidate.
fromBusiness Insider
8 months ago

Elon Musk's go-to lawyer is heading a Dogecoin treasury

A Nebraska-based cleaning products firm has unveiled a nearly $200 million move to build what's being billed as the only "official" Dogecoin treasury company - and Elon Musk's go-to attorney is heading up the effort. The firm on Tuesday named Musk's longtime personal attorney, Alex Spiro, the chairman of CleanCore Solutions' Board of Directors. The Dogecoin meme cryptocurrency has long been backed by Musk.
Business
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