Crackdowns on financial secrecy aren’t hurting offshore finance

Oscar season boils down to crafting a winning narrative. Studios and publicists are tactical in selecting the right festival, the right venue, and the right occasion to unveil their wares and carefully provide audiences the appropriate context for a film to be appreciated and, if executed successfully, awarded. But A24 is broadcasting a somewhat divergent approach with its Elizabeth Holmes documentary “You Can See Everything”: see it, especially before you find out anything else about it. After being produced in secret over three years, the film was first revealed to the world with a highly speculated-about mystery screening at Telluride Film Festival. There, the film’s directors, Nathan Fielder and Lance Oppenheim, implored the sold-out audience to not spoil its most discombobulating twists. “You Can See Everything” electrified what had been a somewhat quiet festival season, with awards prognosticators instantly canonizing the showstopper as a serious threat to become the first documentary to land a best picture Oscar nomination.

The future of perps in the U.S. may be at stake as the CFTC argues that CME hasn't shown the new policy is hurting it after the agency OK'd its first bitcoin perp.

Intel’s manufacturing and chip design have improved, according to a J.P. Morgan analyst.

Shareholders of Super League, a Nasdaq-listed gaming and digital media company, approved a deal that would give Japanese Bitcoin treasury firm Metaplanet a 93.7% ownership stake, paving the way for its expansion into US capital markets through a publicly traded Bitcoin treasury company. According to a Monday announcement and filing with the US Securities and Exchange Commission (SEC), shareholders approved the issuance of as many as 435.9 million common shares under agreements involving Metaplanet and Evo Fund. Metaplanet will contribute 2,100 Bitcoin (BTC) and $2.5 million in cash in exchange for 44.86 million common shares, 100 shares of convertible perpetual preferred stock carrying governance rights and 10-year warrants for additional common stock. The transaction would give Metaplanet control over the company, including the ability to designate a majority of its board and approve major corporate decisions. Metaplanet’s common shares will be subject to a five-year lock-up. As part of the deal, Super League plans to rebrand as Superplanet and adopt the Nasdaq ticker SUPA, with a strategy focused on increasing its Bitcoin holdings per share.

Outsized positions have made many higher-education endowments less diversified and more at risk when shares slide

Bitcoin treasury company Strive purchased 4,045 Bitcoin for approximately $335 million last week, bringing its total holdings to 36,818 BTC as it continues to expand its cryptocurrency reserves through equity financing. The company acquired the Bitcoin (BTC) between Oct. 12-16 at an average price of $82,803 per coin, including fees and expenses, according to a Monday filing with the US Securities and Exchange Commission. Strive is now the fourth-largest publicly traded corporate BTC holder, ahead of MARA Holdings, with reserves valued at approximately $3 billion, according to data from BitcoinTreasuries.net. MARA was reported to be selling some of its holdings, as Arkham tracked wallets linked to the miner depositing about $82 million worth of the crypto into Binance and Gate in recent days. Strive’s Bitcoin holdings reached 36,818 BTC. Source: BitcoinTreasuries. NETStrive also reported approximately $369 million in proceeds from warrant exercises on Oct. 12 and 13, resulting in the issuance of 13.7 million common shares. Its effective share count rose 12.4%, roughly matching the 12.3% increase in Bitcoin holdings and leaving BTC per share largely unchanged.