Strategy Sees Thursday Nasdaq Listing for STRK Convertible Preferred Stock

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) expects its convertible preferred stock Strike (STRK) to be listed on Nasdaq on Thursday, according to a slide in its earnings presentation. Strategy, formerly known as MicroStrategy, also introduced new performance metrics when it reported fourth-quarter earnings after the market closed … Read more

Comstruct raises $13.5M to simplify the procurement process for construction firms

When you think about platforms in the construction industry, chances are the concrete slabs designed to support steel beams and tall pillars will come first to your mind. Munich-based startup Comstruct wants to design a different kind of platform for the construction industry — a software platform. At its core, Comstruct is a procurement platform for … Read more

Berachain’s BERA Trades at $8 Ahead of 79M Token Airdrop and Mainnet Launch

Layer 1 Berachain will airdrop just under 80 million of its BERA tokens to ecosystem and exchange users as the decentralized finance (DeFi)- focussed network goes live later on Thursday, per a release. The total initial supply of BERA is 500 million tokens, with 48.9% allocated for community engagement, including airdrops, ecosystem development, and research. … Read more

XRP Price Outlook Grim as Traders Go Short, Exchange Inflows Increase

Net inflows to spot XRP tokens turned positive early Thursday after days of outflows, putting the token in focus following a record-breaking month for its native decentralized exchange (DEX). Over $15 million in XRP flowed to centralized exchanges on Thursday led by deposits to Bybit and Kraken, Coinglass data shows. Spot inflows to exchanges may … Read more

The Asus Zenfone 12 Ultra is skipping the US

The Zenfone 12 Ultra officially launches today, but unlike previous generations, this one won’t be sold in the US. As expected, the 12 Ultra is a de-gamer-ified ROG Phone 9 Pro with a big screen, a Snapdragon 8 Elite chipset, and a unique gimbal-like stabilizer in the main camera. It’s the same formula Asus followed … Read more

Aiming to accelerate product design with AI, Trace.Space raises a seed round

Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally deployed, but now startups are joining the arena, powered by generative AI. One such is Trace.Space, coming out of Riga, … Read more