Why Is IREN Stock Surging on Tuesday?
benzinga_article·Watch Out for Strategy, SoftBank, and PDD
Baystreet·- Strategy raised $2.01 billion by selling common stock following a Bitcoin price breakout driven by a weakening U.S. dollar. - SoftBank Group planned to sell $6.3 billion in bonds yielding 4.3% to 4.9% to cover investment commitments to OpenAI. - PDD Holdings reported $16.6 billion in revenue and $67.3 billion in cash to cushion against higher research costs and economic weakness.