As of December 13, 2025, Tether submitted an all-cash bid to acquire Exor's 65.4% stake in Juventus at €2.66 per share, valuing the club around €1.1 billion. Exor said its board unanimously rejected the offer and declared the team not for sale. Tether proposed a 21% premium, €1 billion for development, and purchasing remaining shares at least at the initial price.

On December 13, 2025, Bitcoin-focused company Strategy retained its place in the Nasdaq 100, extending a year-long run in the benchmark even as criticism mounts over its fund-like structure. MSCI is reviewing whether to expel Strategy and similar digital-asset treasury firms from its indexes in a January decision that analysts say could prompt sizeable outflows and reshape how token-heavy balance sheets are treated.

Nvidia is evaluating ways to expand H200 chip output after Chinese orders exceeded its current supply capacity. The demand spike followed an export decision that permits H200 sales to China with a 25% levy. Chinese tech firms, including Alibaba and ByteDance, requested large batches and delivery timelines this week.

On Thursday, JPMorgan CEO Jamie Dimon told asset-management executives in New York that he supports Kevin Warsh to become chair of the Federal Reserve, contrasting him with Kevin Hassett, whom he sees as more likely to endorse Donald Trump's push for quicker rate cuts. Trump interviewed Warsh at the White House on Wednesday and later described him as his leading choice, prompting prediction markets to sharply raise Warsh's odds while cutting Hassett's, against a backdrop of internal Fed disputes and an upcoming Supreme Court case on Trump's authority over agency officials.

On Friday, seven Democratic senators urged Commerce Secretary Howard Lutnick to reverse approval of Nvidia H200 exports to China, calling it a national security risk. The letter came four days after Trump told Xi Jinping the U.S. would permit shipments and noted a 25% revenue share from China sales; the White House and Commerce defended the decision as controlled and vetted.

On December 12, 2025, Tether said it filed a binding, all-cash proposal to acquire Exor's 65.4% stake in Juventus Football Club. The offer is fully funded by Tether's capital and contingent on regulatory approvals and Exor's acceptance, with a planned public tender for remaining shares at the same price and a €1 billion investment if the deal completes.

Bitcoin fell 3.6% to $89,502 during Friday's New York session, leaving it nearly 30% below its October 6 record high of $126,000 as short-term rallies face heavy selling. On-chain and derivatives metrics described by Glassnode and market analysts point to a mild bearish phase, with unrealized losses at 4.4%, weakening ETF inflows and thin liquidity amplifying downside pressure despite the latest Federal Reserve rate cut.

On December 12, 2025, Vanguard reiterated its view that Bitcoin is a speculative collectible with no income or cash flow, even as it allowed clients to trade spot Bitcoin ETFs. John Ameriks, the firm's global head of quantitative equity, compared Bitcoin to a "digital Labubu" and said its technology has not yet proven lasting economic value, while banks such as Standard Chartered and Bernstein revised their long-term price targets amid weakening demand and slower ETF inflows.

On December 12, 2025, Oracle shares fell after reports that several OpenAI‑related data centers will complete in 2028 instead of 2027. According to people familiar with the projects, labor and material shortages drove the change. The stock dropped as much as 6.5%, then traded down 5.3% at $188.26.