CoinDesk - 2026-06-03
5 items collected.
1. SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
Author: Helene Braun
Published: 6/3/2026, 10:31:12 PM
Categories: Markets, SpaceX, Elon Musk, News
SpaceX's proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could reshape capital flows across crypto and technology markets.
2. Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks
Author: Krisztian Sandor
Published: 6/3/2026, 10:18:53 PM
Categories: Finance, Ethereum News, News
The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.
3. Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800
Author: Krisztian Sandor
Published: 6/3/2026, 8:33:51 PM
Categories: Markets, Ethereum News, News
Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.
4. New DeFi entrant widens field of crypto political campaign funds as elections loom
Author: Jesse Hamilton
Published: 6/3/2026, 6:50:05 PM
Categories: Policy, DeFi, Regulation, Election 2026, News
The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.
5. Bitcoin isn't crashing because of Saylor, it's losing the momentum trade
Author: Helene Braun
Published: 6/3/2026, 6:48:22 PM
Categories: Markets, Bitcoin News, MicroStrategy, News
Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.