The Wisconsin State Investment Board increases holdings in Bitcoin ETF
The Wisconsin State Investment Board has increased its holdings in BlackRock IBIT to 6 million shares, which, calculated at the current price of $56.10 per share, exceeds a market value of $340 million.
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Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.