ARK Invest CEO Cathie Wood lowered the firm's long-term bitcoin price projection by approximately $300,000, attributing the adjustment to stablecoins' expanding adoption in emerging markets. Wood noted that stablecoins now fulfill payment and savings functions previously expected for bitcoin, directly impacting ARK's bullish scenario modeling. The revision references ARK's earlier forecasts, though the firm had raised its 2030 bull-case target to $2.4 million in April.

Franklin Templeton launched Hong Kong's first tokenized money-market fund on January 8, 2025. The Franklin OnChain U.S. Government Money Fund, registered in Luxembourg and backed by short-term U.S. Treasuries, uses blockchain tokens to represent investor shares and record ownership digitally. The launch aligns with Hong Kong's five-year fintech strategy focused on AI and blockchain integration across financial services.

Tokyo-listed Metaplanet Inc. closed a $100 million credit facility on October 31, collateralized by part of its 30,823 BTC holdings valued at approximately $3.2 billion. The loan will finance additional bitcoin acquisitions and support the company's income-generation program that earns option premiums on pledged BTC.

Paris-based Sequans Communications sold approximately 970 bitcoin to redeem $94.5 million in convertible debt, reducing its holdings from 3,234 BTC to 2,264 BTC. The transaction lowered the company's debt-to-net-asset-value ratio from 55% to 39%. The sale represents the first significant bitcoin offload by a publicly listed company with a bitcoin treasury strategy.

Strategy reported third-quarter profit of $2.8 billion with diluted earnings of $8.42 per share, beating analyst consensus of $8.15. The company acquired approximately 43,000 bitcoins during the quarter, bringing total holdings to 640,808 BTC valued near $69 billion at current prices. Strategy raised its STRC preferred stock dividend to 10.5% for November, up from 10.25% in October.

Prediction market platform Polymarket plans to resume U.S. operations before the end of November, according to sources cited by Bloomberg. The company acquired QCX, a licensed derivatives exchange, after reaching a 2022 settlement with the CFTC that resulted in a $1.4 million penalty and required it to cease domestic services. The platform has opened a waitlist for U.S. users ahead of its reentry.

S&P Global Ratings assigned Strategy Inc. a B-minus issuer credit rating with stable outlook, citing the bitcoin-holding firm's balance sheet concentration and structural currency mismatch. TD Cowen maintained its Buy rating with a $620 price target, projecting potential 114% upside. The firm estimates Strategy could accumulate approximately 900,000 BTC by 2027, representing over 4% of total bitcoin supply.

JPMorgan analysts upgraded Coinbase with a December 2026 price target of $404, citing a potential Base network token valued between $12 billion and $34 billion. The bank highlighted Base's growth to over $5 billion in total value locked and shifts in USDC reward distribution as key monetization opportunities.

Stripe could access a market exceeding $350 billion by 2030 through expansion in AI-driven transactions and blockchain payment systems, according to JPMorgan analysts. The fintech company, valued at $107 billion, processed over $1.4 trillion in annual payment volume across 195 countries and turned profitable in 2024.