Senator-Elect Bernie Moreno's Role on Banking Committee Signals Crypto Focus
Senator-elect Bernie Moreno (R-Ohio) has been appointed to the Senate Banking Committee, a move announced by incoming Republican Senate Majority Leader John Thune.
Senator-elect Bernie Moreno (R-Ohio) has been appointed to the Senate Banking Committee, a move announced by incoming Republican Senate Majority Leader John Thune.
Wall Street's main indexes rose on Tuesday in a truncated trading session before Christmas, with the S&P 500 and the Nasdaq up for the third consecutive day, helped by gains in a handful of megacap and growth stocks. Broadcom and Nvidia provided the biggest boost to the indexes, advancing 2.7% and 0.7%, respectively, while Consumer Discretionary and Technology led gains among S&P 500 sectors. At 09:42 a.m. the Dow Jones Industrial Average rose 32.38 points, or 0.08%, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36%, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59%, to 19,881.43.
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In a regulatory filing, MicroStrategy (MSTR) disclosed that on December 23, the company announced that, during the period between December 16 and December 22, the company acquired approximately 5,262 bitcoins for approximately $561M in cash, at an average price of approximately $106,662 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the issuance and sale of shares under the company’s previously announced sales agreement. As of December 22, the co