Web Stories Friday, November 13
Nakamoto Shares Fall 6% Premarket After Q3 Revenue Turns Negative

Shares in Nasdaq-listed Bitcoin treasury company Nakamoto fell 6.5% in premarket trading on Friday after the company reported that losses on Bitcoin options pushed third-quarter operating revenue below zero.Nakamoto’s shares traded at $5.40 at 12:02 pm UTC on Friday, according to Yahoo Finance. At that price, the stock was down about 62% year to date.Nakamoto reported its third-quarter results after the market closed on Thursday. The company generated $3.9 million in revenue from its businesses.…

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Jane Street lifts Fidelity Bitcoin ETF stake to 9M in Q3

Jane Street’s share count in Fidelity’s spot Bitcoin exchange-traded fund (ETF) rose nearly eightfold in the third quarter, while its holdings in BlackRock’s fund fell 19%.The trading giant ended September with 7.01 million shares of Fidelity Wise Origin Bitcoin Fund (FBTC0, up from about 887,000 at the end of June.…

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