MicroStockHub Investment Case for Pembina Pipelines Series 5 PPL.PR.E fixed dividend preferred shares I expect a strong upside for the Pembina Pipelines Series 5 (TSX:PPL.PR.E:CA) (OTCPK:PPLAF) preferred shares over the next six to twelve months. The five-year fixed dividend for these shares will be recalculated on May 2, 2023, 30 days before June 1, 2024,…
BlackRock, the world’s largest asset management firm with over $10.5 trillion in assets under management, has unveiled a series of educational content aimed at explaining Bitcoin, the Bitcoin halving, and its implications, along with insights into its approved spot Bitcoin ETF. “April is packed with rare events this year, with eyes set on the upcoming…
Dragon Claws Introduction: This article is for retirees and income investors. If you are young and have many decades away from retirement, you probably have better choices. However, income may be needed not only for retirement but also for other reasons. For example, if you work for a job or business that is not highly…
Instant settlement profoundly transforms our behavior as it reconnects us with the elemental laws of nature. The existing paradigm mirrors the primal imperative of reaping benefits in exchange for labor–working to survive, but the pay-per-time system in the labor market is creating the incentive to get something for nothing. In the whole “fiat stack,” everyone…
Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The problem is when you put a regulatory fence over something that…
With the previous articles, we found the disconnect between paid-for work and paid-for time. We also understood that if you want to get paid you have to provide work that is valuable for others. So when the person consumes the benefit of your work, the exchange happens value for value – work for sats. But…
The challenges associated with physical work and delayed payments, as discussed in the construction and logistics industries articles, might not be as directly applicable to industries with less physical movement. However, the principles of instant settlement and the removal of intermediaries can still bring efficiency and innovation to various sectors. The advantages of instant settlement,…
The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result,…
Mario Tama Thesis Citi (C) reported earnings on January 12, 2024, that beat EPS estimates, but trailed revenue expectations. Citi is a mammoth organization spanning the globe, and while it took some impairment charges around its Russia and Argentina businesses, its Tier 1 capital ratio stands at a very healthy 13.3%: Q4 2023 Results (Citi)…
Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures, alongside notable contributions from Sfermion, Ulta Beauty’s Prisma Ventures, Hypersphere Ventures, Rahul Pagidipati, 2 Punks Capital, MZ…
Blockstream, a global leader in Bitcoin infrastructure, has announced the Series 2 launch for its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note, according to a press release sent to Bitcoin Magazine. This follows the success of Series 1, which witnessed investor demand exceeding expectations. The Series 1 phase, initiated in September 2023, saw Blockstream allocate a…
Monty Rakusen Do you hold any preferreds in your income portfolio? Preferreds usually have much better dividend coverage than common shares, and often have much higher dividend yields. Such is the case with the FTAI Reset Rate Cumulative Series C Preferred shares (NASDAQ:FTAIN), which yields ~8.7%, vs. just ~2.3% for the FTAI Aviation Ltd. (FTAI)…
Amax Photo/iStock via Getty Images I came across the Innovator Buffer ETFs earlier this year when I reviewed the Innovator Nasdaq-100 Power Buffer ETF – April (NAPR) and recommended investors choose the July series instead. I believe the Buffer ETF concept is an interesting innovation that may be useful for conservative investors worried about market…
Sundry Photography U.S. Bancorp (NYSE:USB) is one of the largest banks in the United States. Like many in its industry, the bank has a variety of preferred shares. Of the six issuances, two of them are paying dividends based on a floating interest rate. The Series A preferred share (NYSE:USB.PR.A) is on pace to pay…
The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases. The world’s largest digital assets manager Grayscale Investments continues to take steps in order to expand its footprint in the market. Also, the latest report shows that Grayscale is venturing into…
MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series, encompassing hydro, immersion, and air-cooling models. During his opening speech, Dr. Zuoxing Yang, the founder and CEO of MicroBT, reiterated the…
According to Founder and CEO Ben Leventhal, the amount raised will be focused on scaling the firm’s operations. Blackbird Labs, the team behind Web 3.0 restaurant loyalty platform Blackbird has completed a $24 million Series A funding round. According to a report by TechCrunch, the round was led by Andreessen Horowitz but also saw participation…
Earlier this year, AlphaSense closed a Series D funding round with $100 million. AlphaSense, an artificial intelligence (AI) company with years of experience in developing products that are used by the majority of S&P 500 companies, has announced the closure of a Series E funding round with $150 million secured at a total valuation of…
Tom Werner A few months ago, I wrote a bullish article on Gladstone Land Corporation (LAND), an agricultural-focused REIT. Farmland had historically protected investors against inflation and LAND had fallen to a discount to NAV. This article looks at a related investment in preferred shares issued by Gladstone Land, specifically, the Gladstone Land Corporation 6%…
Tom Werner Back in July, we wrote about the soon to be realized gains we saw in purchase of PennyMac Mortgage Preferred A (PMT.PR.A) when the shares convert from fixed to floating rate in March of 2024. We found the terms of conversion unambiguous, but on August 25th, PennyMac management announced that the demise of…
d-Matrix’s innovative chip designs have been gaining recognition, particularly for their effectiveness in powering generative AI applications like ChatGPT. d-Matrix, a rising star in the artificial intelligence (AI) chip industry, has successfully secured a significant $110 million in a series B funding round, with substantial support from heavyweight investors, including tech giant Microsoft Corp. This…
Much of the discussion about Bitcoin technology lately revolves around various soft-fork consensus changes to the Bitcoin protocol including new opcodes or sighashes or around layer 2 technologies like Lightning. Discussion of mempool or policy (the non-consensus rules around Bitcoin nodes communicating with one another) often falls to the background. However, with recent high transaction…
AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic. AI21 Labs, a Tel Aviv-based AI lab and product startup, has raised $155 million in a Series C funding round that was led by such companies as Walden Catalyst Management…
Apollo.io has grown to a respectable B2B platform with over 3 million global customers hence its revenue up more than nine times in the past two years. Leading all-in-one sales intelligence platform Apollo.io has announced the closure of its Series D funding round with about $100 million secured. According to the announcement, the just concluded…
BitGo, a leading Bitcoin and cryptocurrency custody firm, announced on Wednesday that it has successfully raised $100 million in its Series C financing round, bolstering its valuation to $1.75 billion. The funds will be allocated to amplify BitGo’s secure and regulated custody, wallet, and infrastructure solutions on a global scale and to facilitate strategic acquisitions. “Not only…
Coinbase, Zengo, and Binance expressed gratitude to Fireblocks for identifying and responsibly disclosing the security issues before any losses occurred. It was discovered through a recent study carried out by Fireblocks that many crypto wallets are at risk of being drained due to a security flaw that exchanges do not know about. Fireblocks dubbed the…
In addition to the thriving blockchain ecosystem in New York, the report also casts a spotlight on the state’s captivating fusion of fashion and blockchain technology. Coinbase, one of the leading global crypto exchanges based in the United States, continues to explore the American crypto scene through its ongoing series titled “The United States of…