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Why Is Elong Power Stock Sinking Monday?
benzingahace 10d

Why Is Elong Power Stock Sinking Monday?

Elong Power Holding Limited (NASDAQ:ELPW) stock fell Monday following the announcement of a public offering priced at $3.16 per unit, raising concerns among investors.The stock’s decline comes as the broader market is advancing, with the S&P 500 up 0.39% and the Nasdaq up 0.67%.ELPW’s $7.6 Million Public Offering DetailsThe company announced the pricing of its underwritten public offering of 2,400,000 units at $3.16 per unit. Gross proceeds from the offering are anticipated to be approximately $7.6 million, to be used for general corporate purposes, expanding the sales network, and enhancing production capacity.Each unit consists of one Class A ordinary share (or a pre-funded warrant in lieu thereof) and one common warrant to purchase an additional Class A ordinary share. The common warrants are exercisable immediately at an initial exercise price of $3.16 per share and will expire three years from issuance. The offering includes a 45-day option for underwriters to ...Full story available on Benzinga.com

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Bitcoin Price Prediction: Will BTC Hold $75K Support or Break Lower?
coinpediahace 10d

Bitcoin Price Prediction: Will BTC Hold $75K Support or Break Lower?

The post Bitcoin Price Prediction: Will BTC Hold $75K Support or Break Lower? appeared first on Coinpedia Fintech NewsBitcoin is showing early signs of stabilising after bouncing from its recent April low, but analysts say price action remains fragile and important levels will decide what happens next. For now, the market is still trading below major resistance, meaning the correction may not be fully over yet. Bitcoin Holds April Low, but Bounce Is ...

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What's Going On With BitMine Stock?
benzingahace 10d

What's Going On With BitMine Stock?

Shares of BitMine Immersion Technologies, Inc. (NASDAQ:BMNR) are falling Monday due to a slump in the value of Ethereum (CRYPTO: ETH).BitMine Immersion shares are sliding. What’s behind BMNR decline?BitMine Treasuries Affected By Broader Market Over the weekend, crypto markets got hit as liquidations of leveraged positions spiked and large holders trimmed positions amid broader macroeconomic concerns. Ethereum is down more than 18% over the past week.Bitmine said on Monday the company’s crypto holdings are comprised of 4,285,125 ETH, 193 BTC, a $200 million stake ...Full story available on Benzinga.com

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