Streetbeat News

Assets

ARKB

BITB

BTCO

FBTC

GBTC

HODL

IBIT

MSTR

Bitcoin ETFs in the U.S. saw significant inflows totaling $235.19 million, with Fidelity and BlackRock leading. Despite this, Bitcoin's price dipped 1.4% to $62,457. MicroStrategy's stock surged to a six-month high amid market volatility.

Portfolio Pulse from Ivan Crnogatić

October 08, 2024 | 1:21 pm

LLY

Eli Lilly is expected to incur IPR&D charges of approximately $2.83 billion on a pre-tax basis, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:13 pm

SGD

Safe and Green Development Corp (NASDAQ:SGD) has secured financing terms for constructing a model home in South Texas, marking a step towards expanding its eco-friendly projects in the region. The construction loan is subject to conditions, including the payoff of an existing note.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:02 pm

SQ

Block, Inc. (NYSE:SQ), co-founded by Jack Dorsey, has been investing in Bitcoin since 2020. The company holds 8,211 BTC, valued at $511.29 million, with a paper profit of $279.89 million. Block plans to allocate 10% of its monthly Bitcoin-related gross profit to further Bitcoin purchases.

Portfolio Pulse from Aniket Verma

October 08, 2024 | 1:00 pm

ALCE

Alternus Clean Energy, Inc. (NASDAQ:ALCE) has sold its subsidiary Solis Bond Company DAC, along with its Romanian subsidiaries, to Solis Trustee Special Vehicle Limited. This transaction removes $100 million in debt and payables from Alternus' balance sheet and improves shareholder equity by $45 million. Solis accounted for 98% of Alternus' revenues for the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:37 pm

RWAY

Runway Growth Finance announced a Q3 2024 portfolio update, highlighting $75.3M in funded investments across seven companies, including Snap! Mobile, Zinnia Corporate Holdings, and Elevate Services. The company also reported full repayment of a $75M loan from CloudPay and a $10M assignment of Airship Group investment.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:33 pm

TRIN

Trinity Capital Inc. (NASDAQ:TRIN) reported a record $635 million in originated investments and $459 million in fundings for Q3 2024, with total new commitments reaching $1.2 billion for the first three quarters of the year.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:14 pm

BRAZ

ILF

PBR

Petrobras (NYSE:PBR) reported a high Total Utilization Factor for its refineries in September, with record pre-salt oil processing and gasoline production. The company also confirmed significant gas discoveries in Colombia and secured a stake in a South African block. PBR shares are down 0.85% premarket.

Portfolio Pulse from Lekha Gupta

October 08, 2024 | 12:11 pm

MAIN

Main Street Capital has announced a $74.4 million investment to recapitalize Victory Energy Operations. This move is part of Main Street's strategy to support and grow its portfolio companies.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 11:22 am

BTCUSD

A long-dormant Bitcoin whale from the Satoshi era has transferred $634,000 worth of Bitcoin to the Kraken exchange, continuing a trend of ancient Bitcoin movements. This whale has moved a total of $4.21 million to exchanges, sparking interest in potential market impacts.

Portfolio Pulse from Aniket Verma

October 08, 2024 | 10:28 am