Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor expressed optimism about the growing adoption of the Bitcoin standard among businesses on Thursday.
Wall Street experienced a positive momentum as the S&P 500 marked its eighth consecutive day of gains on Thursday, climbing 0.6% to 5,604.14. This rally helped the index recover from losses incurred due to trade tariffs announced by President Donald Trump.
Grayscale unveils new ETF, BCOR, that tracks publicly traded companies with Bitcoin as part of their treasuries. Aimed at investors looking to benefit from corporate adoption of Bitcoin.
Bitcoin (CRYPTO: BTC) has broken the $97,000 level in Thursday trading, and commentators predict an even more explosive move to the upside may be brewing.
H.C. Wainwright initiated coverage at ‘Buy’ and a $480 price target earlier this week, citing its aggressive Bitcoin accumulation strategy as grounds for a premium valuation.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes BHP Group Limited (NYSE:BHP). “I think you got a good situation going there,” he added.
New Securities and Exchange Commission Chair Paul Atkins indicated a friendlier approach toward cryptocurrency during his tenure on Friday, highlighting the need for a clear regulatory policy to help the industry thrive in the U.S.
