Stocks

Coincheck Group N.V. reported Q3 revenue of $915 million and net income of $2.6 million, reversing a $98.5 million loss. According to the company, CEO Gary Simanson will resign on March 31, with 3iQ's Pascal St-Jean to take over on April 1. The quarter included $83 million from its Aplo acquisition.

The White House has paused planned restrictions on China Telecom, TP‑Link routers, and Chinese hardware in U.S. data centers ahead of President Donald Trump's April trip to Beijing. The shift follows late‑2025 changes to Nvidia H200 sales and a January 2026 TikTok deal, while China's October 2025 rare‑earth export controls increased leverage. The Pentagon has invested $400 million in MP Materials to mitigate supply risks.

SoftBank recorded a quarterly profit of ¥248.6 billion, coming in under the ¥336.7 billion market expectation and reflecting uneven performance across its business lines. For the April–December period, net income jumped to ¥3.17 trillion, largely supported by a ¥3.6 trillion rebound in Vision Fund gains and sizeable investment profits. Over 2025, SoftBank committed $40 billion to OpenAI through its Vision Fund structure while simultaneously selling major stakes in T-Mobile and Nvidia and announcing multi‑billion‑dollar deals in DigitalBridge and ABB’s robotics unit to deepen its AI and ASI exposure.

Alphabet on Tuesday sold a £1 billion sterling century bond maturing in 2126, attracting £9.5 billion in investor bids at a coupon of about 6%. Analysts warn the deal, part of a $20 billion multi-currency funding push tied to roughly $185 billion in planned AI and data center spending, echoes the borrowing surge seen before the 1990s dotcom and telecom busts. Some market observers see the wave of long-dated debt for AI infrastructure as a potential sign of overheating if future demand fails to match current investment.

Strategy (MSTR) plans to issue more perpetual preferred shares to finance ongoing Bitcoin purchases and offer a steadier alternative to its volatile common stock. As of February 12, it holds 714,644 BTC at an average cost of $76,052, with BTC near $67,000 and an unrealized loss of roughly $6.5 billion; the "Stretch" shares pay a variable 11.25% dividend.

On Wednesday, ARK Invest led by Cathie Wood bought 433,806 Robinhood shares for about $33.8 million, along with additional Bullish and Circle stock totaling roughly $16 million, while the three names traded lower. Over the same session, US spot Bitcoin ETFs saw $276.3 million in net outflows and total Bitcoin ETF assets fell to $85.7 billion amid broader crypto market weakness.

On Wednesday, Ark Invest led by Cathie Wood added more shares of Bullish and Circle through three of its exchange-traded funds, taking its Bullish purchases to ten straight trading days. The firm bought 364,044 Bullish shares valued at $11.6 million at the latest close, alongside 75,559 Circle shares worth about $4.4 million, while both stocks and major U.S. equity indexes saw mixed price moves.

On Wednesday, Strategy CEO Phong Le said the firm plans to rely more on its Stretch (STRC) perpetual preferred stock rather than issuing new common shares to fund additional Bitcoin purchases. STRC, the company's fourth perpetual preferred issue launched in July with an annual dividend above 11%, has now returned to its $100 par value, which could allow Strategy to restart offerings. Le also indicated the firm is not looking to acquire rival Bitcoin treasury companies, calling such deals a distraction from its core product. Strategy's common shares closed the same day down over 5% at $126.14.

Michael Saylor reiterated that his company will keep purchasing Bitcoin on a set schedule, saying short‑term volatility will not alter the plan. Per public statements and company filings, acquisitions are planned each quarter, with the firm holding 714,644 Bitcoins and carrying total borrowings reported at more than $8 billion.

On February 12 2026, Chainlink's oracle network went live with real-time price feeds for Ondo Finance's tokenized U.S. stocks on Ethereum, enabling assets such as SPYon, QQQon, and TSLAon to be priced directly on-chain. With these institutional-grade feeds, DeFi protocols like Euler can now accept Ondo's tokenized equities as collateral for stablecoin borrowing, while Ondo maintains alignment with underlying stock values through updates that reflect dividends and corporate actions.