Hedge fund manager Mitchell J. Blutt of the $1.5 billion Consonance Capital fund has made some intriguing portfolio shifts in the last quarter, including boosting his position in biopharma firm Catalyst Pharmaceuticals (NASDAQ:CPRX) and initiating stakes in drug makers Verastem (NASDAQ:VSTM) and Sesen Bio (NYSE:SESN). Dr. Blutt is one of the first physicians to play a major role […]
DPW Holdings’ (NYSE:DPW) long-suffering bulls finally have a reason to cheer: The company announced today that it has used Bitcoin, the cryptocurrency its subsidiary Super Crypto Mining (SCM) has mined through its operations, to reduce the Company’s debt, marking a milestone for the Company and possibly the use of Bitcoin on a commercial basis. DPW […]
VanEck today announced that it will partner with SolidX to list a physically-backed bitcoin ETF that will be insured against loss or theft of bitcoin. SolidX will act as the sponsor of the ETF and VanEck will provide marketing services. The two firms will work jointly with regulators. VanEck was the first to file for a […]