Pre-IPO derivatives imply roughly $1.9 trillion in value, but the offering has no price range or share count yet.... Read the full story at The Defiant
Business
Anthropic's operating loss for the first half was $693 million. Most of the remaining loss came from marking its convertible notes to a rising valuation.
Business
Michael Saylor’s Strategy paused its bitcoin accumulation last week, instead spending nearly $205 million repurchasing its preferred shares as the company continues to reshape its capital structure. Strategy Stockpiles More STRC Strategy (…
Business
The S-1 shows revenue up from $1.2 billion a year earlier, and a share structure that leaves a trust and the co-founders in control.
Business
Investors had “incredibly high” expectations around the Phase 3 data for the drugmaker’s experimental cancer treatment.