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Home » Archives for Business Wire » Page 54

Twenty One Expects to Add 5,800 Bitcoin Before Planned Listing, Increasing Holdings to At Least 43,500 BTC

July 29, 2025 By Business Wire

Since April launch, planned contributions from Tether and institutional investors are anticipated to add $680M1 in new Bitcoin, strengthening capital structure and boosting investor exposure.AUSTIN, Texas--(BUSINESS WIRE)--Twenty One Capital, Inc. (“Twenty One” or “the Company”), the first-ever Bitcoin-native company that expects to be publicly listed at the closing of its … [Read more...] about Twenty One Expects to Add 5,800 Bitcoin Before Planned Listing, Increasing Holdings to At Least 43,500 BTC

Cash App Launches Pools for Group Payments

July 29, 2025 By Business Wire

Offering upfront payment collection and the ability for group members to contribute through Apple Pay and Google Pay, pooling money is now quicker and easier than ever with Cash AppDISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Cash App today announced the launch of pools, a new peer-to-peer payment feature that enables group payments with just a few taps. From friends … [Read more...] about Cash App Launches Pools for Group Payments

Searchlight Cyber Partners With TRM Labs to Bring Enhanced Cryptocurrency Analysis to Its Dark Web Investigation Platform

July 29, 2025 By Business Wire

PORTSMOUTH, England & SAN FRANCISCO--(BUSINESS WIRE)--#cybersecurity--Searchlight Cyber has partnered with TRM Labs, the leading provider of blockchain intelligence solutions, to integrate new cryptocurrency analysis capabilities into its dark web investigation platform. The blockchain data provided by TRM Labs allows investigators to identify wallets linked to illicit … [Read more...] about Searchlight Cyber Partners With TRM Labs to Bring Enhanced Cryptocurrency Analysis to Its Dark Web Investigation Platform

SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million

July 29, 2025 By Business Wire

Adjusted Net Revenue up 44% to a record $858 million Adjusted EBITDA up 81% to a record $249 million Fee-based Revenue up 72% to a record $378 million Member growth up 34% to a record 11.7 million members Product growth up 34% to a record 17.1 million products Management Raises 2025 GuidanceSAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a … [Read more...] about SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million

Marti to Execute Crypto Asset Treasury Strategy

July 29, 2025 By Business Wire

Company to Initially Hold 20% of Cash Reserves in Crypto Assets, with Ability to Increase to 50%ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, announced today that it will initiate a corporate treasury strategy that incorporates the acquisition of certain crypto assets as part of a … [Read more...] about Marti to Execute Crypto Asset Treasury Strategy

Bakkt Announces Pricing of $75 Million Public Offering

July 29, 2025 By Business Wire

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the pricing of its previously announced underwritten public offering of 6,753,627 shares of Class A common stock and pre-funded warrants to purchase up to 746,373 shares of Class A common stock at a public offering price of $10.00 per share and public offering price of … [Read more...] about Bakkt Announces Pricing of $75 Million Public Offering

Bakkt Announces Proposed Public Offering

July 28, 2025 By Business Wire

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced its intention to offer shares of Class A common stock and/or pre-funded warrants in lieu thereof through an underwritten public offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of Class … [Read more...] about Bakkt Announces Proposed Public Offering

Bakkt Announces Preliminary Second Quarter 2025 Financial Results and Definitive Agreement to Sell Loyalty Business

July 28, 2025 By Business Wire

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt”) (NYSE: BKKT) today announced certain preliminary financial results for the three-month period ended June 30, 2025, and the signing of a definitive agreement to sell its Loyalty business, marking the final step in the Company’s realignment to a pure-play crypto infrastructure company. Preliminary financial results … [Read more...] about Bakkt Announces Preliminary Second Quarter 2025 Financial Results and Definitive Agreement to Sell Loyalty Business

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