Latest news with #Bitcoin-focused
Yahoo
10 hours ago
- Business
- Yahoo
Strategy vs. Riot Platforms: Which Bitcoin-Focused Stock Has an Edge?
Strategy MSTR and Riot Platforms RIOT are two well-known Bitcoin-focused stocks. While Strategy is the world's largest bitcoin treasury company, holding 607,770 bitcoins as of July 20, 2025, Riot Platforms offers infrastructure to mine the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. Bitcoin surpassed $120,000 this month, benefiting from an improving regulatory environment. The passing of the GENIUS Act on July 17 has been a key catalyst for digital assets and cryptocurrencies. The Act provides a legal background to stablecoins, which are privately issued digital money, and requires stablecoin tokens' value to be equivalent to $1, always. Other pending regulations — The CLARITY Act and The Anti-CBDC Surveillance State Act — bode well for Bitcoin enthusiasts. The liberal policies of U.S. President Donald Trump have been a key catalyst in driving adoption of Bitcoin and other cryptocurrencies. An executive order by President Trump, which directed a working group to study and propose changes to cryptocurrency regulations, bodes well for crypto enthusiasts. In March, President Trump announced the creation of a crypto reserve, including Bitcoin, Ethereum, XRP, Solana and Cardano, which augurs well for cryptocurrency-focused stocks, including Strategy and Riot Strategy or Riot Platforms, which has an edge now? The Case for MSTR Stock Strategy benefits from increasing bitcoin yield, 13.7% as of April 28, 2025, keeping the company on track to reach the full-year target of 15%, which is now raised to 25%, and the bitcoin dollar gain target to $15 billion (up from the initial target of $10 billion). The company's disciplined approach to capital raising through preferred equity offerings — Strike (8% convertible preferred is trading with an effective yield of roughly 9%) and Strife (10% fixed coupon perpetual preferred) — is a key catalyst. As of April 28, 2025, MSTR raised $6.6 billion through equity offerings and $3.4 billion through fixed income ($2 billion from convertible notes, and $0.7 billion each through Strike and Strife).Strategy plans to raise $42 billion through equity issuance and $42 billion through fixed-income securities by the end of 2027. Under the current plan, the company has $21.1 billion in equity and $35.6 billion in fixed-income securities remaining to be issued. Strategy is benefiting from growing software subscription revenues. The company benefits from continuing cloud demand with its flagship Strategy One, which powers some of the largest analytics deployments in the world. Strategy One supports varied industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. Strategy is leveraging generative AI to automate and accelerate the deployment of AI-enabled applications across enterprises. The Case for RIOT Stock Riot Platforms is a vertically-integrated Bitcoin mining company offering comprehensive and critical infrastructure to mine Bitcoin. The company has been exploring the feasibility of developing a portion of RIOT's power capacity for AI and High Performance Computing (HPC) uses. Riot Platforms' plans to spend $155.8 million between the second-quarter and fourth-quarter 2025 timeframe to develop Corsicana Phase II, Corsicana Land Acquisition & Water Access, Kentucky Infrastructure and Kentucky Miner first-quarter 2025, Riot's Bitcoin mining operations achieved greater than 88% uptime, a significant year-over-year increase. The company produced 1,530 Bitcoin in the reported quarter. As of March 31, RIOT held 19,223 Bitcoin, up 8% sequentially. Moreover, Bitcoin yield was 7% year-to-date. The company now targets a full-year hash rate growth target of 22% (7% growth in first-quarter 2025).Riot Platforms' Engineering division is benefiting from the E4A acquisition. Improving supply chains is bringing material costs down, driving margins. MSTR's Earnings Estimate Revisions Steady, RIOT's Improves The Zacks Consensus Estimate for MSTR's 2025 loss is pegged at $15.73 per share, unchanged over the past 30 days. The company reported a loss of $6.72 per share in 2024. MicroStrategy Incorporated Price and Consensus MicroStrategy Incorporated price-consensus-chart | MicroStrategy Incorporated Quote The consensus mark for Riot Platforms' 2025 loss has improved four cents to $1.44 per share over the past 30 days. The company reported earnings of 34 cents per share in 2024. Riot Platforms, Inc. Price and Consensus Riot Platforms, Inc. price-consensus-chart | Riot Platforms, Inc. Quote Stock Performance and Valuation: MSTR Vs. RIOT Year to date, Strategy shares have appreciated 47.2%, while Riot Platforms have returned 37.3%. MSTR Outperforms RIOT Image Source: Zacks Investment Research In terms of Price/Book, Strategy shares are trading at 3.63X, a premium compared with Riot Platforms' 1.7X. Valuation: RIOT is Cheaper Than MSTR Image Source: Zacks Investment Research Both Strategy and Riot Platforms are overvalued, as suggested by the Value Score of F. Conclusion Strategy benefits from its policy to hold Bitcoin on its balance sheet. However, RIOT's significant dependence on Bitcoin makes it a riskier stock due to growing volatility. Strategy's diversified business model (though software is a very small part of the business) offers some relief to investors in this a Zacks Rank #3 (Hold) company, has an edge compared with Riot Platforms, which currently has a Zacks Rank #4 (Sell).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Riot Platforms, Inc. (RIOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Express Tribune
5 days ago
- Business
- Express Tribune
Pakistan, El Salvador agree on Bitcoin cooperation
Listen to article In a historic first, Minister of State for Crypto and Blockchain and CEO of the Pakistan Crypto Council, Bilal Bin Saqib, met with El Salvador's President Nayib Bukele in San Salvador, marking the first official interaction between a Pakistani government representative and the Salvadoran Head of State. According to a press release issued by the finance ministry, the meeting focused entirely on Bitcoin and digital asset collaboration. Analysts described the event as the beginning of a new chapter in "Biplomacy" — a term combining Bitcoin and diplomacy — reflecting the rising influence of decentralised technologies in global relations. Saqib and President Bukele discussed El Salvador's groundbreaking experience as the first nation to adopt Bitcoin as legal tender. They explored how Pakistan might benefit from El Salvador's insights to shape its own digital asset frameworks. Key discussion points included Bitcoin education, sovereign digital reserves, and regulatory innovation. A major outcome of the meeting was the signing of a Letter of Intent (LOI) between the Bitcoin Office of El Salvador and the Pakistan Crypto Council. Saqib, in his role as CEO of the council, signed the LOI, establishing a formal platform for cooperation on Bitcoin-focused initiatives. The agreement paves the way for collaboration on public sector adoption, blockchain-driven financial inclusion, and policy development tailored to emerging economies. "El Salvador's bold Bitcoin experiment has inspired governments around the world. This visit marks the beginning of a strategic relationship rooted in innovation, inclusion, and shared learning," said Minister Bilal Bin Saqib. President Bukele praised Pakistan's proactive approach to digital assets and reaffirmed El Salvador's commitment to supporting developing nations exploring Bitcoin as a tool for financial sovereignty. The high-level interaction coincides with Pakistan's broader efforts to structure its digital asset ecosystem. Recent initiatives include the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) and the announcement of the country's Strategic Bitcoin Reserve earlier this year. As global momentum around Bitcoin accelerates, the meeting between Bilal Bin Saqib and President Bukele is being hailed as a significant step in tech-driven diplomacy. The engagement signals Pakistan's emerging role as a key stakeholder in the future of global crypto innovation.
Business Recorder
6 days ago
- Business
- Business Recorder
Pakistan, El Salvador sign LoI on crypto collaboration
Bilal Bin Saqib, Minister of State for Crypto and Blockchain and CEO of the Pakistan Crypto Council (PCC), met with President Nayib Bukele of El Salvador in San Salvador, marking the first-ever official meeting between a Pakistani government representative and the Salvadoran Head of State. During the meeting, Saqib and Bukele discussed El Salvador's experience as the first country to adopt Bitcoin as legal tender, and explored avenues through which Pakistan could draw on these learnings to inform its own digital asset frameworks, read an official statement released on Wednesday. A pivotal outcome of the meeting was the signing of a Letter of Intent (LoI) between the Bitcoin Office of El Salvador and the PCC. Pakistan's commitment to digital assets, economic innovation: meeting held 'The LoI, signed by Bilal in his capacity as CEO of the PCC, establishes a formal channel for knowledge exchange and cooperation on Bitcoin-focused initiatives. 'It lays the foundation for bilateral collaboration in areas such as public sector adoption, blockchain-based financial inclusion, and policy design for emerging economies,' read the statement. 'El Salvador's bold Bitcoin experiment has inspired governments around the world,' said SAPM Bilal Bin Saqib. 'This visit marks the beginning of a strategic relationship rooted in innovation, inclusion, and shared learning.' Meanwhile, President Bukele welcomed the engagement, praising Pakistan's stance on digital assets and reaffirming El Salvador's commitment to supporting emerging economies exploring Bitcoin as a tool for financial sovereignty. This high-level interaction comes amid Pakistan's broader shift towards structured digital asset regulation, including the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA) and the announcement of the country's Strategic Bitcoin Reserve earlier this year.
Yahoo
11-07-2025
- Business
- Yahoo
He Built a $4.5B ETF Empire From Home -- And He's Betting on Trump, GameStop, and Crypto Next
From a home office in Greenwich, Connecticut, Matthew Tuttle is building a business that's attracting attention across the ETF world. Tuttle Capital now manages $4.5 billion, with products geared toward a new generation of retail traders seeking amplified returns. His specialty? Leveraged single-stock ETFsfunds that aim to deliver 2X or -2X the daily return of volatile names like GameStop (NYSE:GME), Roblox (NYSE:RBLX), and Strategy (NASDAQ:MSTR), the Bitcoin-focused company led by Michael Saylor. His double-Strategy fund, launched in partnership with REX Shares, has grown to $1.7 billion. This corner of the ETF market has ballooned to $22 billion, up from essentially zero just a few years ago, as more traders gravitate toward high-conviction, high-volatility bets. Warning! GuruFocus has detected 3 Warning Sign with GME. So far in 2025, more than 100 leveraged or inverse ETFs have launched in the of them focused on single stocks. Many of these are managed by firms like Tuttle Capital, Defiance ETFs (run by Sylvia Jablonski), and GraniteShares (led by Will Rhind). All three firms operate with lean, decentralized teams. Tuttle and Jablonski coordinate operations from home offices, while Rhind works out of a co-working space in New York. Defiance now manages $5 billion across more than 30 ETFs. GraniteShares has surpassed $9 billion in assets, with around 75% in leveraged single-stock ETFs. These products often charge significantly higher fees than typical equity ETFsTuttle's 2X Strategy fund charges 1.05%, compared to the 0.61% industry average. Bloomberg Intelligence estimates that Tuttle's firm could be generating around $35 million annually from these funds. The SEC has expressed concern over the suitability of leveraged ETFs for retail investors, noting that daily resetting can distort long-term performance and increase risk. In the past, filings for certain products were swiftly challengedTuttle recalls the SEC contacting him within an hour when he filed for an inverse Bitcoin ETF in 2021. More recently, however, he filed for 2X Trump and Melania-themed cryptocurrency ETFs without receiving immediate pushback. While the SEC has not commented on this change, some in the industry believe the current environment may allow for broader flexibility. Critics still argue that retail investors may underestimate the risks involved, but Tuttle maintains that investors should be free to decide for themselves. If I want to lose money, I mean, that's my right as an American, he says. For Tuttle and his peers, demand signals don't come from Wall Streetthey're tracked in Discord chats, filings, and ETF inflows. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
07-07-2025
- Business
- Business Wire
DDC Enterprise Expands Bitcoin Treasury with 230 BTC Purchase
NEW YORK--(BUSINESS WIRE)--DDC Enterprise Limited (NYSE: DDC) today announced the acquisition of an additional 230 Bitcoin (BTC) as part of its ongoing corporate treasury strategy. This purchase increases DDC's total Bitcoin holdings to 368 BTC, reinforcing its position as a public company at the forefront of integrating Bitcoin as a reserve asset. BTC Yield increased by 48.3% compared to its last purchase in mid-June. Increase treasury holdings by 230 BTC at optimized market entry. DDC's average cost per bitcoin holding is USD 90,764 48.3% Yield Increase 0.04426 BTC per 1,000 DDC shares 'The newly acquired Bitcoin builds on our conviction that Bitcoin is the most sound and strategic treasury asset available for long-term value preservation,' said Norma Chu, Founder, Chairwoman and CEO of DDC Enterprise. 'As DDC deepens its Bitcoin-focused strategy, we continue to deliver increased exposure for shareholders, reflecting a deliberate and rapid path toward our treasury goals.' About DDC Enterprise DDC Enterprise Limited (NYSE: DDC) is spearheading the corporate Bitcoin treasury revolution while maintaining its foundation as a leading global Asian food platform. The Company has strategically positioned Bitcoin as a core reserve asset, executing a bold and accelerating accumulation strategy. While continuing to grow its portfolio of culinary brands – including DayDayCook, Nona Lim, and Yai's Thai – DDC is at the vanguard of public companies integrating Bitcoin into their financial architecture. Caution Regarding Forward-Looking Statements Certain statements in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as 'may,' 'will,' 'expect,' 'anticipate,' 'aim,' 'estimate,' 'intend,' 'plan,' 'believe,' 'is/are likely to,' 'potential,' 'continue' or other similar expressions. Examples of forward-looking statements include those related to business prospects, accumulation of Bitcoin, and the Company's goals and future activity under the financing transactions described above, including the statements on the closings of the offerings and the satisfaction of closing conditions and use of proceeds in the offerings. These statements are subject to uncertainties and risks including, but not limited to, the risk factors discussed in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our Forms 20-F, 6-K and other reports, including a Form 6-K which with copies of the definitive documents related to the above transactions, to be filed with the Securities and Exchange Commission ('SEC') and available at Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law.
