BlackRock has raised $2 billion from existing Bitcoin holders, potentially injecting the funds in the first week of the launch of the spot Bitcoin ETF
Matthew Sigel, Director of Digital Asset Research at VanEck, mentioned during today's Twitter Space event that he learned from an insider that BlackRock has raised $2 billion from existing Bitcoin holders. These funds are expected to be injected during the first week of the listing of the spot Bitcoin ETF.
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Report: Marvell Technology is about to acquire optical module manufacturer Lumentum, and the deal may be announced as soon as next week
Lumentum has a market capitalization of approximately $8.3 billions, while Marvell Technology's market capitalization is around $22.1 billions. Following the announcement, Marvell's stock fell by over 8% in after-hours trading, while Lumentum rose by 11%. This acquisition may aim to streamline the supply chain and strengthen vertical integration—Marvell is currently a customer of Lumentum, and after the acquisition, it will gain control over key optoelectronic interconnect components, consolidating its strategic position in the AI data center hardware sector.
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