JD.com Unit to Buy Ceconomy
JD.com said Wednesday it has offered to acquire all issued and outstanding shares of the company for a cash offer of 4.60 euros each. The bid would value Ceconomy at 2.23 billion euros ($2.63 billion).
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SharpLink Whale told Decrypt that he is a European man in his early 30s, currently working as a full-time trader and stay-at-home dad. He started his career in traditional finance before pivoting to crypto approximately four years ago, working a 'relatively boring' job at a DeFi company. He said that he made his initial $1 million SBET buy from the proceeds two major bets on Coinbase and Nvidia stocks that brought a 9x boost to his net worth. The SharpLink millionaire's story mirrors that of the Dogecoin Millionaire, an American man who profited millions of dollars by purchasing DOGE. However, Glauber "ProTheDoge" Contessoto famously did not sell any Dogecoin at its peak, which soon fell so hard that he lost his Dogecoin Millionaire title—though he regained it more than a year later. 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But if I long it purely based on some anonymous Twitter account or even friends, and then it goes down, it feels different.' Days before taking a call with Decrypt, the SharpLink millionaire started to get cold feet as he claimed he was looking to exit his position. He said that the swings in price were too much to stomach, claiming that his portfolio shifted more than $500,000 in one day. Now, he's looking to diversify his portfolio into more stable assets so he can get a better night's sleep—which he claims has been greatly disturbed since he first bought SBET. What stable assets, you may ask? Bitcoin, of course… one of the most notoriously volatile assets of all time, though the chaos has been calming lately. 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
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an hour ago
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Blackstone Sells Biggest UK CMBS Since 2008 Financial Crisis
Blackstone Inc. sold more than £1.5 billion ($2 billion) in bonds backed by UK holiday parks operated by Haven, the largest ever pound-denominated commercial mortgage security since the 2008 financial crisis, according to a person with knowledge of the matter. The CMBS accounts for about half of a broader refinancing package for Haven, said the person, who asked not to be identified discussing private information.
