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Public companies bought more bitcoin than ETFs did for the third quarter in a row

Public companies bought more bitcoin than ETFs did for the third quarter in a row

Ozan Kose | Afp | Getty Images Corporate treasuries have surpassed ETFs in bitcoin buying for a third consecutive quarter as more companies try to benefit from the MicroStrategy playbook in a more crypto-friendly regulatory environment. Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider…

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TSLA, SG, AVAV, HAS and more

TSLA, SG, AVAV, HAS and more

Check out the companies making headlines before the bell. Tesla — The electric vehicle maker shed 6% after President Donald Trump suggested that the U.S. Department of Government Efficiency look at subsidies for Tesla CEO Elon Musk ‘s companies for potential cost-cutting measures. Trump’s comments came after Musk again criticized the president’s tax-and-spending bill ….

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Bush, Obama — and singer Bono — fault Trump’s gutting of USAID on agency’s last day

Bush, Obama — and singer Bono — fault Trump’s gutting of USAID on agency’s last day

WASHINGTON — Former Presidents Barack Obama and George W. Bush delivered rare open criticism of the Trump administration — and singer Bono recited a poem — in an emotional video farewell Monday with staffers of the U.S. Agency for International Development. Obama called the Trump administration’s dismantling of USAID “a colossal mistake.” Monday was the…

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