Evernorth Holdings is set to debut on the Nasdaq under the ticker XRPN on October 12, following a merger with Armada Acquisition Corp. II and the consolidation of 473 million XRP in its treasury.
Bitcoin proxy stocks saw sharp declines in early October as macroeconomic pressures outweighed crypto-specific trends, while the underlying asset showed greater resilience.
ARK Invest offloaded $65 million in crypto-related assets on September 14 as market prices surged.
Cantor Fitzgerald has more than doubled its price target for BitMine Immersion Technologies to $63.60, citing the company's shift toward an Ethereum-focused treasury strategy.
