NEW: š Metaplanet raised ~$517M in equity capital on day #1 of the ā555M Planā, while simultaneously extinguishing $281M of 0% ordinary bonds.
BTC Rating (BTC NAV / Debt) ārerated from 4.0x to 97.8x in the process. Metaplanet now holds ~$1.18B in $BTC against ~$0.012b in bonds.
By Dylan LeClair
BY Bitcoin
Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%. Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time. Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.
I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. Iām waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegramās pre-initial coin offering (ICO) tokens. āIf Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,ā he says.
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