Fortitude Mining Holdings, the Zcash mining subsidiary of Digital Currency Group, completed the acquisition of a 12.5 megawatt digital infrastructure facility in Prosser, Nebraska for $6.25 million in cash, with a net outlay of approximately $4.7 million after credits.
Fanatics purchased BGC's Water Street Labs and CX Clearinghouse, gaining the ability to list and settle its own event contracts on a federally regulated platform. The deal positions Fanatics to compete directly with DraftKings and FanDuel in the rapidly growing prediction markets sector.
Payward, the parent company of cryptocurrency exchange Kraken, has acquired the embedded wallet business from Magic Labs, which is simultaneously undergoing a restructuring and rebranding to Newton Labs.
Samsung Biologics announced an all-cash tender offer to acquire Switzerland's PolyPeptide Group AG for CHF 1.46 billion ($1.8B), at CHF 44.31 per share — a 6.1% premium to last close and ~40% to the April 10, 2026 undisturbed price, marking South Korea's largest biopharma acquisition.
Payment processor Stripe and private equity firm Advent International have jointly offered to acquire PayPal Holdings for $60.50 per share, valuing the deal at approximately $53 billion. PayPal's stock surged 14-15% following the news.
Crypto exchange Bullish has agreed to acquire global transfer agent Equiniti in a $4.2 billion deal aimed at building tokenized securities infrastructure, marking a significant move toward traditional finance integration.
Tether has proposed merging NYSE-listed bitcoin treasury company Twenty One Capital with Strike and Elektron Energy, with Strike CEO Jack Mallers and Elektron founder Raphael Zagury taking executive roles. Twenty One Capital shares rose on the news.
MoonPay has acquired crypto key management firm Sodot in a $100 million stock deal and launched a new institutional business division led by former CFTC Acting Chair Caroline Pham. The acquisition provides security infrastructure for MoonPay's expansion into serving banks, asset managers, and trading firms.
