Gemini +17% founder BTC bet, Coinbase CLARITY bill sells facts -7.6%, Mubadala IBIT increases to $566 million
According to BBX data, last weekend Gemini and BlackRock released Q1 data, with the following core dynamics:
Gemini (NASDAQ: GEMI): Q1 revenue of $50.3 million (+42%, exceeding expectations), EPS -$0.93 (better than -$1.03); $100 million BTC strategic investment (1,258 BTC, $14/share); credit card +300%, CFTC DCO license; +17% on May 15.
Coinbase (NASDAQ: COIN): -7.6% on May 15 (CLARITY Act sell-off, Polymarket 59%, Warsh Fed uncertainty, Form 144); data security costs of $180-400M hanging.
BlackRock (NYSE: BLK) IBIT: Mubadala Q1 13F (disclosed on May 16): IBIT holding of 14.7 million shares worth $566 million (+16%), over $500 million for three consecutive quarters; Al Warda holds another $408 million, with a combined peak of over $1 billion.
You may also like

Dialogue with Lead Bank Founder Jackie: American Banks Re-embrace Crypto

Vitalik: What we need to do is not to fight against AI, but to create a sanctuary

Morning News | VanEck and Grayscale submitted BNB ETF amendments on the same day; BlackRock discusses investing billions of dollars in SpaceX's IPO; Michael Saylor releases Bitcoin Tracker information again

Crypto ETF Weekly | Last week, the net outflow of Bitcoin spot ETFs in the United States was $995 million; the net outflow of Ethereum spot ETFs in the United States was $255 million

This Week's News Preview | The Federal Reserve Releases the Last FOMC Minutes of the "Powell Era"

Blockchain Capital Partner: Most people's understanding of on-chain economy is narrow

The ambition of "one account trading global assets": How does CoinUp.io break down asset barriers to become an industry dark horse?

How long will it take for the GPU futures market when computing power is commoditized?

Harvard University loses $150 million in cryptocurrency! Has completely liquidated Ethereum and significantly reduced its Bitcoin ETF positions

BNB Chain releases a research report exploring the migration path of BSC to post-quantum cryptography

After the number of developers was halved: Crypto is not dead, it has just handed over talent to AI

"JUST 6th Anniversary x GasFree Super Carnival Month" is here: Enjoy "0" Gas transfer freedom and share a prize pool of 10,000 USDT

Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week

Capital Markets: How will independent agents obtain financing?

Circle: From Issuance to Infrastructure

Base native leveraged prediction market OmenX officially launches on the mainnet

Hyperliquid has stirred up Wall Street, with regulations uncertain and market makers fleeing first?








