Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury travel services, making them one of the first in the industry to embrace this payment method, according to a press release sent to Bitcoin Magazine. JUST IN: Private jet charter service…
deepblue4you An ongoing debate in the world of real estate is whether to invest in public or private real estate. We have written on this topic before, but it is time for an updated thesis because of the sharp contrast in opportunity between the modes of investment. Specifically, one is about 20% cheaper than the…
MSRPhoto Investment Thesis At first glance, Medical Properties Trust (NYSE:MPW) seems like an undervalued dividend pick. It owns and leases 420 hospitals/clinics under “triple-net” contracts that pass all property-related costs (and responsibilities) to its 54 tenants, allowing it to run an impressive $18.3 billion portfolio with only 131 employees. As a REIT, it distributes most…
BlackJack3D/E+ via Getty Images What Is The Blackrock Science And Technology Trust? The BlackRock Science and Technology Trust (NYSE:BST) is an equity closed-end fund that invests in the technology sector. The fund has performed well since its inception in 2014, beating a variety of equity benchmarks along the way. Managed by BlackRock, the world’s largest…
ra2studio Listen here or on the go via Apple and Spotify. Jared Dillian shares why he focuses on market sentiment (2:30). Private equity’s systemic risk (5:30). The Fed wants to cut interest rates and add liquidity before the US election, but the market’s not cooperating. No clear signal on bonds (7:35). Why investors should avoid…
Lintao Zhang/Getty Images News Note: I previously covered KWEB back in Fall 2021 at the heat of China’s tech crackdown. We cut our loss in 2022 in the mid 40s/share region. 2 years later from that post, I again believe KWEB represents a tradable opportunity as China’s selling pressure begins to get exhausted and multiple…
shapecharge/E+ via Getty Images Logo (company website) Executive Summary Blue Owl Capital Corporation (NYSE:OBDC) emerges as a formidable force in the private credit and direct lending space, demonstrating remarkable growth and potential. The company is the largest publicly traded business development company, or BDC, by total assets ($12.9 billion) and is focused on senior secured…
Sadeugra/E+ via Getty Images Private Equity Exits Hit Five-year High With Occidental Deal For CrownRock According to Enverus Intelligence Research, public oil companies have spent $30B on private equity-owned acquisitions. That is the highest in 5 years. When Private Equity is jumping ship, the ship is about to sink to the bottom. Either PE is…
Rumors suggest that BlackRock plans to give itself a head start by moving funds from its private Bitcoin trust to its ETF. Giant asset manager BlackRock Inc (NYSE: BLK) may have set plans in motion that will put the company well ahead of its competition if the United States Securities and Exchange Commission (SEC) approves…
Armando Oliveira/iStock via Getty Images Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is recognized as one of Argentina’s largest financial institutions with diversified operations across banking, insurance, and asset management. Despite the historically difficult economic environment in the country, GGAL has emerged as a surprising winner with shares more than doubling over the past year. The setup…
Brazil’s financial landscape witnessed a seismic shift as Itaú Unibanco, the nation’s largest private bank, announced its foray into the world of cryptocurrency trading Monday, introducing a service that allows its customers to engage in buying and selling Bitcoin and Ether via its ion investment platform. Marking a significant move for a traditional banking institution,…
The retiring MAS director believes the future monetary system will revolve around CBDCs, tokenized bank liabilities, and stablecoins. The Director of the Monetary Authority of Singapore (MAS), Ravi Menon, has emphasized that private cryptocurrencies have no future. Menon shared his thoughts as a panelist at an event jointly hosted by the Hong Kong Monetary Authority…
AlxeyPnferov Japan’s private sector growth ground to a halt in November according to the latest flash PMI data, which is based on about 85%-90% of total PMI survey responses each month. This was mainly attributed to a sharper fall in manufacturing output as service activity expanded at a slightly faster pace in the penultimate month…
Santander has made this move while most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major…
pilipphoto In July, I wrote a bullish article on Vita Coco (NASDAQ:COCO), but flipped to a “Hold” rating after the company lost a major private labor customer. With the company recently reporting earnings, let’s catch-up on the name. Q3 Results For Q3, COCO saw revenue rise 11% to $138.1 million, up from $124.0 million a…
shapecharge Investment Thesis We ascribe Dun & Bradstreet (NYSE:DNB) with a Neutral rating as a result of 1) limited margin upside drivers in the near term 2) significant leverage and limited cash generation which would necessitate a refinancing at unfavorable terms and 3) continued overhang as a result of selling by its PE owners who…
Ca-ssis October’s flash PMI data revealed that Japan’s private sector economy concluded the eight-month growth streak that commenced in January 2023. This was attributed primarily to a sharper fall in manufacturing production, though services activity growth also slowed to the weakest in the year-to-date. At the same time, forward-looking indicators outlined the likelihood for further…
Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status…
In pursuit of this mission, Swisstronik has recently unveiled two groundbreaking milestones. The startup closed a seed funding round, amassing an impressive $5 million. The second pivotal development by Swisstronik is the initiation of a private token sale, targeting early adopters. Swisstronik, a Web3 compliance startup based in Switzerland, is making significant waves in the…
EXTREME-PHOTOGRAPHER/E+ via Getty Images After a boom in private jet sales over the last few years and expected CAGR of 5.3% through 2033, Sky Harbour (NYSE:SKYH) represents a solid growth opportunity. While most SPACs in the space have been more flash-in-the-pan than substance, Sky Harbour is a refreshingly grounded company that is capitalizing on a…
Today, Thibaud Marechal and Gustavo Flores announced the launch of Coinjoins.org, an open-source project focusing on educating Bitcoin users on the privacy functionality of collaborative transactions, per a press release sent to Bitcoin Magazine. Born from the observation of heated discussions surrounding popular iterations of coinjoin tooling, Coinjoins.org aims to bring clarity to the differing…
Virgin Galactic has highlighted that its narrative doesn’t end with the launch of the VSS Unity, but extends to the development of an even more sophisticated fleet, aptly named the Delta class. Virgin Galactic Holdings (NYSE: SPCE) is on the verge of making history once again with the launch of its second commercial spaceflight that…
Unchained, a Bitcoin custodial services company, has announced the launch of its private client service with collaborative custody. According to a press release sent to Bitcoin Magazine, the new platform called “Unchained Signature” is a “membership-based service that helps high-net-worth individuals, institutions and corporations invest in and manage their bitcoin.” The company compares the experience…