Latest news with #Michael
Yahoo
7 hours ago
- Business
- Yahoo
These 3 Hot Stocks Are Building Out Crypto Treasuries. Should You Buy, Sell, or Hold Them Now?
Michael Saylor's Strategy (MSTR) is no longer the only company buying and hoarding large amounts of Bitcoin (BTCUSD) and other cryptocurrencies. Dozens of companies are now playing the crypto treasury game. Shareholders who were once uneasy with these crypto investments are happy with the results as crypto keeps delivering stellar returns. In fact, even the U.S. government itself has a strategic crypto reserve following an executive order from President Donald Trump, making it the largest state holder of BTC. Swapping a slice of idle dollars for crypto can massively increase returns and give the company a more 'techy' reputation More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold As Nvidia Gets Ready for New China H20 Shipments, How Should You Play NVDA Stock? As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! So is it worth chasing the next firm that vows to turn itself into a Bitcoin or Ethereum (ETHUSD) piggy bank? The honest answer is that it depends, and the details matter more than the ticker. Some managements treat the crypto as a long-term reserve, funding it with genuine profits and pledging to hold through drawdowns. Others see it as a financing gimmick to raise cheap equity today and dump later. Here are three hot stocks that are building out their crypto reserves. BitMine Immersion Technologies (BMNR) BitMine Immersion Technologies (BMNR) is a Bitcoin mining company that specializes in small immersion-cooled data centers. The company mines Bitcoin for other third-party companies alongside its own mining operations and sells mining equipment on the side. It has just seven full-time employees. The stock popped in late June after BitMine announced it would raise $250 million via private placement to buy Ethereum to adopt an 'Ethereum treasury' strategy. The goal is to eventually become the MicroStrategy of Ethereum by acquiring and staking 5% of the global ETH supply. This will make it the largest single ETH holder. The company currently holds 625,000 ETH and 172 BTC, plus unencumbered cash of $401.4 million. In total, that's $2.77 billion. If you want outsized returns, it's worth buying. ETH has just started to outperform BTC, and many think a powerful altcoin cycle can happen this year. BitMine's stock could balloon if ETH breaks through $5,000 or more. CEA Industries (VAPE) CEA Industries (VAPE) was a Canadian vape company (hence the ticker), but it has recently aggressively pivoted to crypto. It announced a $500 million raise through a private investment in public equity (PIPE) deal. The majority of that will go towards buying and holding Binance Coin (BNBUSD), the native crypto of the Binance chain. It is also used on the Binance exchange. The deal attracted over 140 institutional and crypto-native investors, including 10X Capital, YZi Labs, Pantera Capital, Arche Capital, and GSR, among others. VAPE stock is up 330% in the past five days as a result of this deal. The market cap is still quite small at $34.5 million. That small market cap is reasonable despite the big investment amount, as outstanding warrants of $750 million can massively dilute investors if exercised. The long-term payoff is still uncertain, but it's a good stock to put into a high-risk, high-reward portfolio. VAPE's valuation is now tied almost entirely to the market's enthusiasm (or fear) toward BNB, which just set new all-time highs. BNB will be one of the biggest beneficiaries if an altseason happens and trading activity explodes. Bit Origin (BTOG) Bit Origin (BTOG) is another crypto mining and blockchain infrastructure company. It is now focusing on building a large digital asset treasury, with Dogecoin (DOGEUSD) as the core asset. Bit Origin announced a $500 million funding plan and the acquisition of over 40.5 million Dogecoin ($8.9 million). This made it the first publicly traded company on a major U.S. exchange to formally accumulate Dogecoin as a core treasury asset. BTOG is up 150% in the past month as traders are betting aggressively on crypto stocks. There are also hopes for potential Dogecoin adoption in payment systems and a major network upgrade. However, I think BTOG is not a buy at the moment. DOGE has fewer use cases and is a less-established crypto vs. ETH and BNB. It is also very inflationary. On top of that, BTOG itself is trading at $0.39, which is less than the Nasdaq minimum of $1. A reverse split may be ahead soon to help the company maintain its listing. On the date of publication, Omor Ibne Ehsan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Scottish Sun
10 hours ago
- Health
- Scottish Sun
Scots schoolgirl, 7, takes on 18-mile cycle to raise funds for dad after double stroke
Friends and family will join her for the challenge next month MILES FOR DAD Scots schoolgirl, 7, takes on 18-mile cycle to raise funds for dad after double stroke Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A SCHOOLGIRL is taking on an 18-mile cycle to help her dad recover from a devastating double stroke. Seven-year-old Lydia Parker is raising cash for the Scottish Air Ambulance, which saved her dad Michael's life after medics warned he was just minutes from death when the brain attack hit earlier this year. Sign up for Scottish Sun newsletter Sign up 4 Michael McGregor, 39, suffered a double stroke on May 1 Credit: Supplied 4 The dad, from Lochgilpead, has been left unable to walk or talk properly Credit: Supplied 4 But his determined daughter Lydia, 7, is set to complete a 18-mile sponsored cycle Credit: Supplied 4 She is aiming to raise for £3000 for the Scottish Ambulance Service and anything over that will go towards her dad's recovery Credit: Supplied The ambitious youngster, from Lochgilphead, Argyll and Bute, also hopes to raise cash for therapies to help her dad regain his speech and mobility after the life-changing ordeal. Her effort has rallied the local community, with friends and family joining her for the challenge along the nearby Crinan Canal on August 31. Proud mum Hannah said: "She's an amazing wee girl. She just wants to do something to help her dad and she's determined to make it happen. "We told Michael in the hospital that Lydia wanted to do this and you could see him nodding. He was desperate for her to go ahead with it. I think she feels this is the only thing she can do for her dad." Michael McGregor, 39, suffered a double stroke while working in Oban earlier this year. Hannah explained: "His colleagues noticed something was wrong and took him straight to A&E. He was airlifted to the Queen Elizabeth Hospital in Glasgow and they told us he would have died within 15 minutes if the helicopter hadn't come to get him. "By the time he arrived, he underwent emergency brain surgery but it was touch and go that first week. "He spent 11 weeks in hospital and, although he was determined to get home, he's not the same man he was. He's walking with a splint, has no sensation in his arm, and struggles to communicate." Lydia hopes to raise £3,000 for the Scottish Air Ambulance, with any extra funds going towards speech and language therapy and physio to help her dad recover. Hannah said: "Michael's had a terrible time of it. He had cancer about four years ago and spent three months in hospital then so it's been really tough on us all. The 8 subtle signs of lingering 'holiday heart syndrome' - and when you risk blood clots and stroke "Lydia's already showing signs of stepping into a carer's role. "The other day, she asked if we could take her dad swimming instead of asking ''Can daddy take me swimming?'. It's wee things like that that show how much this has affected her too." But despite all the challenges, little Lydia has her heart set on smashing her goal. Hannah added: "She's watching the donations come in and getting so excited. She's determined to help her dad however she can. She's an amazing wee girl and I couldn't be more proud of her.' The fundraiser has already raised over half of its target. Anyone wishing to donate can do so here.
The Herald Scotland
11 hours ago
- Entertainment
- The Herald Scotland
Michael Palin admits he's 'preparing to die' in sad update
It comes as the TV star and comedian recently opened up about the loss of his wife Helen, who passed away in 2023. Discussing their relationship, Sir Michael said: "Helen and I met on holiday in 1959. I was about 16 at the time. "It was a holiday romance that built up to a long marriage. "There was always a feeling that we were a unit – I hadn't really realised until that, after she'd died." Adding: "That was a difficult thing: there was half of your life gone. I still say, 'We've got in our garden…', 'We have two grandchildren…' although she's still here. I still use the 'we'. I find it almost impossible to say, 'I am...'" Sir Michael Palin shares that he's preparing for the end of life Sir Michael also opened up about his health, speaking on the Marie Curie Couch podcast, the TV star explained that his late wife had some health problems. Sharing: "She had some problems with her heart. The gradual withdrawal from life was something I think she found very, very difficult; she was a gregarious person and full of fun. "In the end, she was diagnosed with kidney failure. Then she got pneumonia and we went into hospital. We had a pretty bad experience there." Following Helen's death, Sir Michael admitted that he had thought about death more and discussed it with his children, William, Rachel and Thomas. Adding: "I do think about death and the family are rather wonderful about it: "Have you made a will? Can I be in your will?" Recommended Reading "I've made my will and all that. My family, my children, know where to find what they need to find should I die." The TV star added that he still works but is "slightly unsteady" now: "I kid myself that I'm going to be alright, and yet I know that I won't because you feel tired at certain times. "You're slightly unsteady as you get out of bed, and you think, what's happening? Well, the old car's getting a bit rusty."
Rhyl Journal
11 hours ago
- Entertainment
- Rhyl Journal
Michael Palin admits he's 'preparing to die' in sad update
In a new interview, the Monty Python star shared that he has spoken to his children about his death, sharing that they "know where to find what they need to find should I die". It comes as the TV star and comedian recently opened up about the loss of his wife Helen, who passed away in 2023. Discussing their relationship, Sir Michael said: "Helen and I met on holiday in 1959. I was about 16 at the time. "It was a holiday romance that built up to a long marriage. A post shared by Michael Palin (@ "There was always a feeling that we were a unit – I hadn't really realised until that, after she'd died." Adding: "That was a difficult thing: there was half of your life gone. I still say, 'We've got in our garden…', 'We have two grandchildren…' although she's still here. I still use the 'we'. I find it almost impossible to say, 'I am...'" Sir Michael also opened up about his health, speaking on the Marie Curie Couch podcast, the TV star explained that his late wife had some health problems. Sharing: "She had some problems with her heart. The gradual withdrawal from life was something I think she found very, very difficult; she was a gregarious person and full of fun. "In the end, she was diagnosed with kidney failure. Then she got pneumonia and we went into hospital. We had a pretty bad experience there." A post shared by Crossed Wires Festival (@crossedwiresfest) Following Helen's death, Sir Michael admitted that he had thought about death more and discussed it with his children, William, Rachel and Thomas. Adding: "I do think about death and the family are rather wonderful about it: "Have you made a will? Can I be in your will?" Recommended Reading Only Fools and Horses star Sir David Jason admits 'it's over now' due to health Sir David Jason admits the one 'disappointment' he had with own beloved show Sir David Jason shares honest thoughts on Ronnie Barker years after tragic death "I've made my will and all that. My family, my children, know where to find what they need to find should I die." The TV star added that he still works but is "slightly unsteady" now: "I kid myself that I'm going to be alright, and yet I know that I won't because you feel tired at certain times. "You're slightly unsteady as you get out of bed, and you think, what's happening? Well, the old car's getting a bit rusty."
New Statesman
12 hours ago
- Politics
- New Statesman
The conflicts that shape us
One of the pleasures of editing this magazine is the chance to read the letters. The wit, wisdom and – how should I put this? – advice I receive each week is mighty, and appreciated. It is genuinely helpful to know what New Statesman readers are thinking: what they like in each issue and what they are less keen on. It is, for example, particularly revealing that Jonathan Sumption's essay on Gaza continues to provoke impassioned debate on both sides. The ongoing crisis in Gaza – and the British government's response – is clearly something we must continue to focus on. This week, our international editor, Megan Gibson, digs into the authoritarian instincts of the government's decision to classify the campaign group Palestine Action as a terrorist organisation. It is a disconcerting read. There is plenty of humour in the letters inbox, too. This week, I especially enjoyed Michael Henderson's note hailing the delights of Italian culture following Finn McRedmond's dispatch from Chianti last week. 'It is indeed a magnificent culture,' Michael wrote, before adding a delightfully controversial 'but' – there is always a but. When it comes to 'ale vs Sangiovese', as Michael put it, 'the English win every time'. By publishing these words, I fear I may have sparked a diplomatic incident. A letter of protest from the Italian ambassador is no doubt already winging its way to us. If so, perhaps I should provoke further – can we agree Cheddar is superior to Parmesan, and nicer on pasta? That cheese with fish is fine? And Marmite, of course, is king of all European condiments? I shall now assume the brace position under my desk. Beyond such culinary disputes, readers have also urged a greater focus on class as the driving force of British politics. I agree, and hope in the coming weeks we will be able to do more on this subject. The very question of what constitutes the 'working class' today is a fascinating topic. I remember visiting Ohio in an attempt to understand why working-class auto workers were abandoning the Democratic Party for Donald Trump. Yet, when I visited their homes, I found many had often already retired with good pensions and no mortgage. Some even spent winters in their second homes in Florida. The very poor in the cities I visited were often African American, did not own their homes and were still voting Democrat. The story, as ever, was complicated. I wonder whether it is fair to assume the university-educated children of middle England inherit their parents' class, even if they do not own assets, cannot conceive of ever doing so and, as Marx might have put it, sell their labour for increasingly poor wages. Are they middle class or part of a new working class? One thing is clear: the lure of a new left-wing party under Jeremy Corbyn and Zarah Sultana is strong for this cohort, who should not be ignored – a point made by Jason Cowley in his Diary. The main subject of this week's magazine, however, is the growing sense of unease in the country as we head into the depths of summer. As George Eaton writes, there is now real concern in Westminster at the continuing strike action over NHS pay, mounting fiscal pressure on the government and the spreading protests over so-called asylum hotels. I said when I became editor that I wanted the New Statesman to cover difficult topics like these with old-fashioned reportage – doing the hard work of travelling the country and talking to people. That is exactly what Anoosh Chakelian has done this week, visiting Diss in Norfolk and Epping in Essex to understand what is happening and why. As ever, her reporting is first-rate: thoughtful, compassionate and illuminating. I urge you to read it. Sitting alongside this is another piece of excellent writing from our new culture editor, Tanjil Rashid, who argues that the government must be prepared to have difficult conversations if resolution and integration are to be reached. Elsewhere, Will Lloyd meets a man still searching for justice after the Battle of Orgreave, Freddie Hayward details the continuing radicalisation of the Maga movement in Washington and Will Dunn offers a painfully funny – and at times just plain painful – account of King-Emperor Donald Trump's bizarre visit to Scotland. I hope you enjoy it. If you don't, the Correspondence page is all yours. Oh, and here's one for Finn: a pint of Theakston's beats a pint of Guinness. And now I'm back under my desk. Subscribe to The New Statesman today from only £8.99 per month Subscribe Related This article appears in the 30 Jul 2025 issue of the New Statesman, Summer of Discontent
