Blockstream Announces BASIC Note Series 2 Launch After Successful $5 Million Series 1 Raise

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…

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Kadant Stock: Looking For A Successful Retest Of Support Before Going Long (NYSE:KAI)

designer491 Intro Kadant Inc. (NYSE:KAI) is an industrial player providing products & services in its ‘Material Handling’, ‘Industrial Processing’ & ‘Flow Control’ segments. Typical products are vibratory equipment, ring debarkers & rotary & expansion joints to name but a few. The company came across our desk as covered Gates Industrial Corporation plc (GTES) recently which…

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Allegion: Successful Acquisition And Lower Multiple; Upgrade To Buy (NYSE:ALLE)

Sinenkiy/iStock via Getty Images Investment Thesis Allegion plc (NYSE:ALLE) is in the business of providing electronic and mechanical access control for both business and non-business customers. I previously published articles, “Allegion: Excessively High Multiple Remains A Concern“, on Jul. 29, 2021, and, “Allegion: Decline In Multiple Makes For Possible Buy“, on Feb. 23, 2022, both…

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Swift Announces Successful Transfer of Tokenized Value Across Multiple Blockchains 

The experiment was built on Swift’s earlier successes in connecting Central Bank Digital Currencies (CBDCs) and digital assets with existing and emerging payment systems. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global financial messaging network, has unveiled the results of a groundbreaking experiment hindering the widespread adoption of tokenized assets. According to an…

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Toast: Serving Another Successful Quarter (NYSE:TOST)

Extreme Media/iStock via Getty Images Business Model Primer Toast (NYSE:TOST) is a cloud-based solution company designed for the restaurant industry. With its presence across 93,000 restaurant locations, processing over $110 billion of gross payment volume, it provides a comprehensive suite of software specifically tailored for the front and back operations of restaurants. Toast has a…

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Nu Holdings: Successful But Overvalued (NYSE:NU)

Rmcarvalho Thesis Summary Brazil is currently seeing the lowest level of inflation since 2021, and the consensus is that the Central Bank will start to cut interest rates in its next meeting in August. This can lead Nu Holdings (NYSE:NU) to witness an increase in loan originations and an overall increase in spending. That said,…

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