•Patrick Witt, a member of the President's Council of Advisors for Digital Assets, confirmed that an announcement regarding a Strategic Bitcoin Reserve is coming.
•Deputy Chief Harry Jung is leading the charge on the Strategic Bitcoin Reserve through an interagency process triggered by President Trump's executive order.
•The oil and gas crunch caused by the war between the U.S., Israel, and Iran has cost global businesses $25 billion to date.
•As many as 279 companies cited the war as a reason for defensive actions, including price hikes and production cuts to cushion the blow from soaring energy prices.
•Some companies in the sample opted to suspend dividend payments and share buybacks due to the crisis impacts.
•Analyst Will Taylor suggests XRP is approaching a defining market setup due to the convergence of US regulatory clarity and Ripple's infrastructure expansion.
•The report indicates the market may be underestimating the significance of recent progress on the Clarity Act for assets tied to institutional settlement.
•The UK Medicines and Healthcare products Regulatory Agency (MHRA) granted marketing authorization to VYJUVEK for the treatment of dystrophic epidermolysis bullosa (DEB).
•VYJUVEK is the first genetic medicine approved in the United Kingdom for the treatment of DEB.
•Kahn Swick & Foti, LLC issued a notice to investors regarding the lead plaintiff deadline for class action lawsuits against Super Micro Computer, Inc.
•The lawsuits allege a scheme to divert servers with U.S. AI technology to China, violating export control laws between February 2024 and March 2026.
•Bitcoin Depot (BTM) announced it has initiated a voluntary Chapter 11 process to effect an orderly wind-down of operations and facilitate an asset sale.
•UnitedHealth Group Inc. stock traded lower in Monday's premarket session following Berkshire Hathaway's disclosure that it liquidated its entire position in the U.S. insurance giant.
•Brazilian Rare Earths intends to demerge its 100%-owned Amargosa Bauxite-Gallium Project into a newly formed ASX-listed company, Alurion Resources Limited.
•The demerger aims to allow BRE to focus on its rare earth portfolio while Alurion develops bauxite and critical minerals with its own management and capital.
•Rein Therapeutics closed a public offering of common stock with total gross proceeds of $57.5 million following the full exercise of the over-allotment option.
•The company plans to use the proceeds to fund Phase 2 trials of LTI-03 and support operations into 2028.
•The Saudi Food and Drug Authority (SFDA) approved the registration of the ACAM2000 vaccine for the prevention of smallpox and mpox in high-risk individuals.
•Aramco and Pasqal officially inaugurated Saudi Arabia's first quantum computer and the Middle East's first commercial Quantum Computing as a Service (QCaaS) platform.
•Madison Square Garden Sports Corp. filed a confidential initial Form 10 Registration Statement with the SEC for the proposed spin-off of its New York Rangers business.
•The potential transaction would create two distinct publicly traded companies, allowing shareholders to hold separate interests in the Knicks and Rangers businesses.
•Boston Omaha Corporation entered into a definitive agreement to sell its surety insurance business, General Indemnity Group (GIG), to CopperPoint Insurance Company.
•The transaction is structured as an all-cash deal under which CopperPoint will acquire all outstanding equity interests of GIG.
•Sogeclair announced it is considering a divestment of its engineering activities dedicated to Airbus amid increasing consolidation in the aeronautical engineering market.
•SAMA Governor Ayman Al-Sayari participated in a discussion session on economic imbalances during the G20 Finance Ministers and Central Bank Governors meeting.