Stocks

Metaplanet reported a $619 million net loss for Q4 2025, attributing it to a devaluation of Bitcoin holdings rather than operating cash flow pressure. BTC fell from $126K to $80K after the October crash, and the firm says its unrealized loss later expanded to over $1.2 billion as prices slipped below $70K in 2026. Metaplanet still targets 100K BTC by year-end and 210K by 2027, backed by a $500 million credit line.

Bitwise and GraniteShares filed prospectuses with the U.S. SEC on Tuesday for six prediction market-style ETFs, according to the filings. The funds would track binary event contracts on CFTC-regulated exchanges, settling at $1 or $0, with exposure to outcomes across the 2026 congressional races and the U.S. presidential election on November 7, 2028.

Trading platform eToro saw its shares close 20.4% higher at $33.07 on Tuesday after posting a fourth-quarter 2025 earnings beat, with results largely powered by its crypto business. The firm reported Q4 net income of $68.7 million, earnings per share of $0.71 and revenue of $3.87 billion, most of which came from $3.59 billion in crypto-related revenue, while full-year figures also showed solid growth.

On February 16, 2026, Bitmine reported holding 4,371,497 ETH priced at $1,998 each, valuing its Ethereum treasury at about $8.7 billion and representing 3.62% of the 120.7 million ETH supply. Including 193 Bitcoin, equity stakes in Beast Industries and Eightco Holdings, and $670 million in cash, the company's total assets reached $9.6 billion. Bitmine disclosed that 3,040,483 ETH is staked, generating an annualized $176 million in rewards, with potential to rise to $252 million once MAVAN is fully deployed in early 2026.

BlackRock updated its iShares Staked Ethereum Trust filing, indicating that investors will keep 82% of gross staking rewards while the sponsor and prime execution agent receive 18%. According to a U.S. SEC document dated Tuesday, February 17, the fund also carries an annual sponsor fee of 0.12%–0.25%, with Coinbase supporting staking operations.

On Monday, investor Ross Gerber said on X that Tesla’s brand value has turned negative and urged the company to sell its EV business to Rivian. Rivian reported a $144 million gross profit for 2025 and its stock jumped 27% on Friday, while Tesla’s net income fell 46% in 2025 to $3.8 billion.

Kraken became the first crypto exchange approved to connect its OTC desk to ICE Chat, enabling AI-assisted messaging for institutions. The company reports a global user base of 5.7 million, and the link plugs Kraken into a network used by over 120,000 market participants to negotiate pricing and execute large trades.

Iran has partially closed the Strait of Hormuz during Revolutionary Guard drills under security precautions, according to state media. About 13 million bpd—roughly 31% of global seaborne crude—transit the passage, based on Kpler data, while the IEA's Monday report projects a 3.73 million bpd global oil surplus in 2026.

Intesa Sanpaolo's February 17, 2026 Form 13F filing shows about $96 million in U.S. spot Bitcoin ETFs as of December 31, 2025. The bank held $72.6 million in ARK's ARKB and $23.4 million in BlackRock's IBIT, alongside $184 million in MicroStrategy put options and smaller stakes in a Solana staking ETF and Circle.

On February 17, 2026, the FTSE 100 inched higher while sterling retreated after fresh UK labor figures showed unemployment rising and wage growth slowing. Investors viewed the softer pay data as easing inflation pressure and reducing the need for further Bank of England tightening, lifting exporters and globally focused energy, mining, and pharmaceutical shares.