BTCUSDT Stripe has acquired Bridge for 1.1B in crypto's largest purchase
Payments company Stripe has acquired stablecoin platform Bridge in a 1.1B deal, according to TechCrunch founder Michael Arrington. Stripe’s largest acquisition to date, and the largest acquisition in the crypto industry’s history, Bridge had raised 558M from investors (Sequoia, Ribbit Capital, Haun Ventures and Index Ventures) and was previously valued at 200M. Bridge offers software that helps businesses accept payments in stablecoins, signalling an expansion of Stripe’s crypto adoption efforts.
NVDA this and the next weeks after should be interesting . Today we had a call for $4.1 M at a buy price of $127.00 come in at 4:53am. The influx of buys and sells has remained pretty steady giving us 558M call flow to 28.5M put flow. I honestly believe institutional and whale investors have bought up as much stock as their Heart desires thus a slow down in buying. Bears are looking for $120-$90 ; bulls $130-$150
Other stocks to keep an eye out for: COIN , MRVL, LLY( overwhelmingly bullish) NKE(bullish), MCD, SMCI, BABA