Dernières nouvelles pour Tapestry (NYSE:TPR) Stock

TAPESTRY INC

Tapestry

Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounts for about 80% of its sales and more than 90% of its operating profit. Coach products are sold through 900 company-owned stores, e-commerce, and third-party stores in North America, Asia, and Europe. Tapestry also owns Kate Spade, which generated 54% of its sales from handbags in fiscal 2024. Kate Spade is known for its colorful patterns and graphics. Meanwhile, Tapestry's smallest brand, luxury footwear maker Stuart Weitzman, is set to be sold to Caleres in the summer of 2025.

Tapestry Inc

TERA PROBE INC by TERA PROBE INC.

Topre Corp

Aris Mining Corp

TRAVIS PERKINS S/ADR by Travis Perkins Plc

Travis Perkins PLC

TOWER PROPERTIES CO NEW by Tower Properties Company

Tower Properties Co

Aris Mining Corp Warrants (30/04/2024)

Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) executive chairman Michael Saylor expressed interest Saturday in discussing Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) with popular podcaster Joe Rogan.
What Happened:&nbsp;In an X post, Saylor wrote, &#8220;Hey Joe Rogan, let&#8217;s talk about Bitcoin.&#8221;
The comment came in response to a fan-run account&#8217;s question to X users about who they&#8217;d like to see Rogan interview that he hasn&#8217;t before.
Rogan, one of the world&#8217;s most successful podcasters, has interviewed influential figures like tech mogul&nbsp;Elon Musk, boxing legend&nbsp;Mike Tyson and President&nbsp;Donald Trump on his "The Joe Rogan Experience" show. As of this writing, his YouTube channel has nearly 20 million subscribers.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Hey <a href="https://twitter.com/joerogan?ref_src=twsrc%5Etfw">@JoeRogan</a>, let&#39;s talk about Bitcoin.
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1928931268852412704?ref_src=twsrc%5Etfw">May 31, 2025</a></blockquote>
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In other news, Saylor hinted on X that his firm Strategy would continue to pile on BTC in the coming week. 
&#8220;Orange is my Preferred Color,&#8221; he wrote,<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45188974/michael-saylor-hints-more-btc-purchases-on-the-way-as-mstr-surges-47-in-a-month-too-much-blue-not-enough-orange"> typical of his Sunday posts</a> which have almost always preceded Bitcoin purchases the following Monday.
As of this writing, Strategy's Bitcoin stockpile has grown to 580,250 BTC, worth nearly $61 billion, with an unrealized profit of 50%,&nbsp;<a href="https://bitcointreasuries.net/" target="_blank" rel="noreferrer noopener">according&nbsp;</a>to&nbsp;&nbsp;bitcointreasuries.com.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Orange is my Preferred Color <a href="https://t.co/rc9JIcJOAT">pic.twitter.com/rc9JIcJOAT</a>
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1929152786186301755?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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See Also:&nbsp;<a href="https://benzinga.com/cannabis/25/06/45713578/jerome-powell-to-step-down-x-abuzz-with-rumors-but-polymarket-bettors-are-not-buying-it" target="_blank" rel="noreferrer noopener">Jerome Powell To Step Down? X Abuzz With Rumors, But Polymarket Bettors Are Not Buying It</a>
Why It Matters:&nbsp;The proposed discussion holds significance in light of Rogan&#8217;s known interest in Bitcoin. The podcast host has previously <a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35139978/joe-rogan-tells-sam-altman-that-bitcoin-can-become-a-universal-viable-currency-admits-cbdc" target="_blank" rel="noreferrer noopener">called Bitcoin the &#8220;real fascinating cryptocurrency</a>&#8221; and one with the most likelihood of becoming a &#8220;universal viable currency.&#8221;
In fact, back in April 2014, <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42229486/joe-rogans-bitcoin-pile-has-grown-over-30000-in-value-but-he-hasnt-sold-conviction-based-hodling-or-has-the-podcast-king-lost-his-keys">Rogan publicly shared details</a> of his Bitcoin address, which as of this writing has a balance of 5.243 BTC, translating to $550,362.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $104,971, up 0.52% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.&nbsp;
Shares of Strategy closed 0.39% closer at $369.20 during Friday&#8217;s regular session. The stock has returned over 27% year-to-date.
MSTR exhibited a very high momentum score—a measure of the stock&#8217;s relative strength based on its price movement patterns and volatility over multiple timeframes—as of this writing. Visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>. to view the top ten stocks with the highest momentum scores.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="517" height="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02024043/Screenshot-2025-06-02-121027.png" alt="" class="wp-image-934601" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02024043/Screenshot-2025-06-02-121027.png 517w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02024043/Screenshot-2025-06-02-121027-300x116.png 300w" sizes="(max-width: 517px) 100vw, 517px" /></a></figure>
Photo Courtesy: Rokas Tenys on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://benzinga.com/crypto/cryptocurrency/25/06/45712312/michael-saylor-called-scaramucci-from-a-yacht-and-it-changed-the-ending-of-his-book" target="_blank" rel="noreferrer noopener">Michael Saylor Called Scaramucci From a Yacht and It Changed the Ending of His Book</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

Markets

$BTC

MSTR

Michael Saylor Asks Joe Rogan For A Chat: 'Let's Talk About Bitcoin'

<ul>
<li>Data Highlights Transformative Promise of CAR T in Solid Tumors</li>
<li>Phase 1 Trial with ALLO-316 Demonstrated Potential to Provide Meaningful Clinical Benefit in Patients with CD70 TPS ≥ 50% Advanced or Metastatic RCC
<ul>
<li>A Single Dose of ALLO-316 Achieved a 31% Confirmed Response Rate</li>
<li>Four of Five Confirmed Responders Remain in Response Including One Ongoing Remission Over 12 Months</li>
</ul>
</li>
<li>Robust Expansion, Persistence, and Tumor Infiltration of ALLO-316 Seen with Standard Lymphodepletion, Showcasing Dagger&#xAE; Technology as a Next-Generation Allogeneic Platform</li>
<li>Phase 1 Safety Profile was Manageable; Proactive Diagnostic and Management Strategies Proved Effective in Mitigating IEC-HS While Preserving Efficacy</li>
</ul>

ALLO

Reported Sunday, Allogene Reports 31% Confirmed Response Rate With ALLO-316 In CD70-High RCC Patients At ASCO, With Durable Remissions And Manageable Safety

Chinese EV giant BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) is reportedly facing backlash for its aggressive discounts that have triggered a price war in the fiercely contested EV market in China.
What Happened: BYD's stock fell over 5% on the Hong Kong exchange following last week's 15% plunge, due to reports that the price war had caught Beijing's attention, Bloomberg reported <a href="https://www.bloomberg.com/news/articles/2025-06-01/byd-may-sales-highest-this-year-after-week-of-steep-discounts">on</a> Sunday.
The Chinese Communist Party&#8217;s (CCP) newspaper, The People's Daily, slammed the "rat race" in the domestic EV sector, which it said could hurt domestic supply chains and damage the "Made in China" reputation. However, it did not name any specific companies, the report said.
The report also mentioned that China's automobile association criticized the price war, which could impact the sector's growth and bring about quality issues, while China's Ministry of Industry and Information Technology agreed with the stance.
Why It Matters: The news comes in as China's EV price war has led to an intense competition in the country among EV manufacturers offering <a href="https://www.benzinga.com/25/01/42761825/ev-price-war-heats-up-as-chinese-automakers-extend-subsidies">aggressive discounts</a> to drive up sales.
Interestingly, BYD and other Chinese players are bolstering their presence in markets outside of China, with BYD already surpassing Elon Musk's Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/25/05/45564693/byd-outsells-elon-musks-tesla-amid-european-plans-shift-into-gear">in European sales </a>as the company is offering the Euro-spec version of its <a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sal">best-selling EV hatchback</a> in the region for $26,000.
On the flip side, a major BYD dealer in China has reportedly <a href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report">closed down over 20 dealerships </a>in the country across 4 major cities, citing what the dealer said were policy changes by the automaker that impacted the company's cash flow.
Elsewhere, experts like Future Fund LLC's Gary Black indicate that BYD's price war <a href="https://www.benzinga.com/general/travel/25/05/45611551/gary-black-says-price-war-by-byd-threatens-tesla-dismisses-elon-musks-comeback-as-non-event">could threaten Tesla's position</a> in the country.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.&nbsp;
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45639357/teslas-chinese-rival-byd-sued-for-45-million-over-alleged-human-trafficking-slave-like-conditions-at-brazil-factory-site">Tesla&#8217;s Chinese Rival BYD Sued For $45 Million Over Alleged Human Trafficking, Slave-Like Conditions At Brazil Factory Site</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

Tech

BYDDF

BYDDY

TSLA

BYD's Aggressive Pricing Triggers EV 'Rat Race:' Stock Tumbles, Authorities Voice Concern

<ul>
<li>Treatment with casdatifan, a HIF-2a inhibitor, plus cabozantinib, a tyrosine kinase inhibitor, showed a confirmed overall response rate (ORR) of 46% in patients who reached a minimum of 12 weeks (two scans) of follow-up</li>
<li>The combination had a manageable safety profile, and there was no meaningful overlapping toxicity for the two drugs</li>
<li>These data support the initiation of PEAK-1, a Phase 3 study that will evaluate casdatifan plus cabozantinib in immunotherapy-experienced clear cell renal cell carcinoma (ccRCC) patients, and eVOLVE-RCC02, a Phase 1b/3 study in first-line ccRCC patients, both of which will begin shortly</li>
<li>Arcus will host a conference call to discuss these data at 5:00 AM PT / 7:00 AM CT on Monday, June 2, 2025</li>
</ul>

RCUS

Reported Sunday, Arcus ARC-20 Data Show 46% Confirmed Response Rate With Casdatifan And Cabozantinib In Immunotherapy-Experienced Kidney Cancer

German cognitive scientist Joscha Bach says humanity faces a bigger existential threat from dragging its feet on artificial intelligence than from building it too fast.
What Happened: Speaking last week at the California Institute for Machine Consciousness, the longtime AI theorist argued that climate change, super-volcanoes and our own "inability to stay aligned with survival" pose a higher kill-shot probability than a runaway algorithm — unless people use the current "technological bubble" to build smarter machines fast.
"Over a long enough time span, it&#8217;s certain something will lead to our extinction … I'm much more afraid that we don't build AI than that we build it," he told the audience.
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Bach, who researches machine consciousness and computational models of mind, has previously written that society must "make AI beautiful" — safe, aligned systems capable of steering civilisation through the next evolutionary bottleneck.
Without AI, Bach argues, civilization's respite from predators and famine is a temporary "bubble" that will burst. Scaling intelligent machines, he says, is the only credible way to invent planetary-scale defenses.
See also: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45714416/former-treasury-secretary-larry-summers-warns-the-dollar-is-starting-to-trade-like-a-latin-american-currency-greenback-going-from-safe-haven-to-risk-asset">Former Treasury Secretary Larry Summers Warns The Dollar Is Starting To Trade Like A Latin American Currency — Greenback Going From Safe Haven To Risk Asset?</a>
Why It Matters: The plea drops into a rift among AI luminaries. OpenAI chief Sam Altman <a href="https://www.benzinga.com/media/25/05/45312650/sam-altman-tells-congress-us-must-pursue-sensible-regulation-avoid-silly-mistake-to-stay-ahead-of-china-in-ai-race-its-hard-to-say-how-far-ahead-we-are">has shifted</a> from calling for sweeping guardrails in 2023 to urging "sensible regulation&#8221; that &#8220;does not slow us down," framing speed as vital to out-innovate China. Elon Musk and Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) co-founder Steve Wozniak <a href="https://www.benzinga.com/news/23/03/31543935/elon-musk-steve-wozniak-pinterest-founder-sign-open-letter-to-pause-trials-of-ai-more-powerful-than">joined a 2024 open letter</a> demanding a six-month moratorium on systems beyond GPT-4, though Musk <a href="https://www.benzinga.com/news/24/03/37987626/is-superintelligence-safe-elon-musk-backtracks-on-ai-warnings?utm_source=chatgpt.com">later called the effort</a> "futile."
Geoffrey Hinton, the "Godfather of AI," quit Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) in 2023 after concluding there is a <a href="https://www.benzinga.com/news/24/06/39319028/terminator-in-real-life-ai-godfather-warns-of-human-wipe-out-in-5-to-20-years">50-50 chance</a> advanced systems could wipe out humanity within two decades. At Davos, fellow Turing Award winner Yoshua Bengio <a href="https://www.businessinsider.com/yoshua-bengio-ai-godfather-agents-2025-1">told</a> Business Insider that autonomous "agentic" models could be the most dangerous route and pushed for international safety rules before such systems scale.
Meta's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Yann LeCun, in an <a href="https://www.wired.com/story/artificial-intelligence-meta-yann-lecun-interview/">interview</a> with WIRED, dismisses such doomsday talk as "stupid," insisting today's models still lack basic reasoning and common sense.
Photo Courtesy: Tapati Rinchumrus on Shutterstock.com
Read next: <a href="https://www.benzinga.com/cannabis/25/06/45714519/ross-ulbricht-the-silk-road-founder-pardoned-by-trump-soon-after-his-inauguration-receives-a-whopping-31-million-worth-of-bitcoin-in-donation-wallet">Ross Ulbricht, The Silk Road Founder Pardoned By Trump Soon After His Inauguration, Receives A Whopping $31 Million Worth Of Bitcoin In Donation Wallet</a>

AAPL

GOOG

GOOGL

Delaying Artificial Intelligence The Real Existential Risk Says Joscha Bach, Scientist Says He's More Afraid That 'We Don't Build AI'

Federal Reserve Governor Christopher Waller warned that tariff-induced inflation could temporarily push prices higher while signaling potential rate cuts later in 2025, contingent on trade policy clarity and economic stability.
What Happened: Speaking at the Bank of Korea International Conference in Seoul on Sunday, Waller outlined two tariff scenarios that could drive inflation to peaks between 3-5% this year. His base case now assumes a 15% trade-weighted tariff on U.S. goods imports, falling between his previously modeled large and smaller tariff scenarios.
The governor&#8217;s cautious stance comes as President Donald Trump recently summoned Fed Chair Jerome Powell to the White House, telling him he was &#8220;making a mistake&#8221; by not cutting rates. The Federal Reserve Board maintained rates at 4.25%-4.50% for the third consecutive meeting, with officials <a href="https://www.benzinga.com/news/politics/25/05/45692797/trump-tells-powell-hes-making-a-mistake-by-not-cutting-rates-fed-reaffirms-independence">citing increased economic uncertainty</a>.
The Fed governor dismissed concerns about inflation persistence, citing key differences from the 2021-2022 period. Unlike the pandemic era&#8217;s labor shortages, supply chain disruptions, and massive fiscal stimulus, current conditions show no labor shortage and limited supply chain stress. Monetary policy also differs significantly, with the Fed maintaining rates above 4% versus near-zero during the pandemic.
See Also: <a href="https://www.benzinga.com/cannabis/25/06/45713895/bitcoin-ethereum-dogecoin-hold-steady-amid-us-china-trade-war-tensions-analyst-foresees-big-party-if-btc-reclaims-106000">Bitcoin, Ethereum, Dogecoin Hold Steady Amid US-China Trade War Tensions: Analyst Foresees &#8216;Big Party&#8217; If BTC Reclaims $106,000</a>
Why It Matters: Waller highlighted diverging inflation expectations between households and financial markets. University of Michigan consumer surveys show near-term expectations at 6.6% and longer-term at 4.2%, while Treasury Inflation-Protected Securities compensation remains around 2.4-2.7%.
Financial markets currently price <a href="https://www.benzinga.com/markets/25/05/45610672/market-is-risk-off-chamath-palihapitiya-flags-rising-investor-fear-as-money-market-fund-assets-hit-724-trillion">rate cuts beginning in September</a>, with billionaire investor Chamath Palihapitiya flagging rising investor caution as money market fund assets hit $7.24 trillion. JPMorgan Chase &amp; Co. CEO Jamie Dimon recently warned of stagflation risks amid <a href="https://www.benzinga.com/government/regulations/25/05/45561399/jamie-dimon-says-us-is-not-in-a-sweet-spot-flags-stagflation-risk-and-deficit-problems-amid-trump-china-tensions">deficit concerns and geopolitical tensions</a>.
Waller concluded that assuming tariff rates settle near his lower scenario and underlying inflation progresses toward the Fed&#8217;s 2% target, he would support &#8220;good news&#8221; rate cuts later this year. The stance reflects the central bank&#8217;s data-dependent approach as trade negotiations continue and economic conditions evolve.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/topics/25/06/45714095/chamath-palihapitiya-calls-tesla-an-obvious-win-says-robotaxi-alphabets-waymo-will-overtake-uber-and-lyft">Chamath Palihapitiya Calls Tesla An &#8216;Obvious Win,&#8217; Says Robotaxi, Alphabet&#8217;s Waymo Will Overtake Uber And Lyft</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: RozenskiP / Shutterstock.com

Federal Reserve

Fed's Christopher Waller Signals Caution On Rate Cut Amid Tariff-Driven Inflation Risks

Reported Sunday,Cenovus Energy Temporarily Halts Christina Lake Output Due To Wildfires, Affecting 238,000 BPD Of Production

<ul>
<li>– New Drug Application based on positive results from the Phase 2 KOMET-001 trial –</li>
<li>– FDA assigns a Prescription Drug User Fee Act (PDUFA) target action date of November 30, 2025 –</li>
<li>– Potential first approval of a menin inhibitor for the treatment of adult patients with relapsed or refractory AML with an NPM1 mutation –</li>
</ul>

KURA

Reported Sunday, FDA Grants Priority Review To Kura And Kyowa Kirin's Ziftomenib NDA, Targeting First Menin Inhibitor Approval In NPM1-Mutant AML By November 30

— The all-oral chemotherapy-free combination of savolitinib plus osimertinib demonstrated significant PFS benefit with a favorable safety profile in the SACHI Phase III China study —

Small Business

Reported Sunday, HUTCHMED Highlights SACHI Phase III Data At ASCO 2025: Savolitinib Plus Osimertinib Shows Significant PFS Benefit In EGFR+ NSCLC With MET Amplification

MIELY

Reported Sunday, Mitsubishi Electric Joins G7 Nature Positive Alliance, Expanding Efforts To Align Business Growth With Biodiversity And Environmental Goals

Li Auto announced that it delivered&nbsp;40,856 vehicles in May 2025, representing a year-over-year increase of 16.7%. As of May 31, 2025, Li Auto's cumulative deliveries reached 1,301,531.

Reported Saturday, Li Auto May Deliveries Rise 16.7% Year-Over-Year To 40,856 Vehicles

In May, Zeekr Group delivered a total of 46,538 vehicles across its Zeekr and Lynk &amp; Co brands, reflecting a 15.2% year-over-year growth and a 12.6% increase compared to the previous month. This accomplishment was realized thanks to the trust and support of nearly 1.95 million users. In particular, the Zeekr brand delivered 18,908 vehicles, while Lynk &amp; Co delivered 27,630 vehicles.

Reported Saturday, ZEEKR's Cumulative Deliveries Reached 46,538 In May (+15.2% YoY), With 18,908 From Zeekr And 27,630 From Lynk & Co.

In May 2025, XPENG delivered 33,525 Smart EVs, representing growth of 230% year-over-year, surpassing 30,000 units for the seventh consecutive month. For the first five months of 2025, XPENG delivered 162,578 Smart EVs, marking a 293% increase compared to the same period last year.

XPEV

Reported Saturday, XPENG's May 2025 Delivery Update: Delivered 33,525 Vehicles, Up 230% YoY

<ul>
<li>23,231 vehicles were delivered in May 2025,&nbsp;increasing by 13.1% year-over-year</li>
<li>89,225 vehicles were delivered year-to-date in 2025, increasing by 34.7% year-over-year</li>
<li>Cumulative deliveries reached 760,789 as of May 31, 2025</li>
</ul>

NIO Delivers 23,231 Vehicles In May, Marking 13.1% Year-Over-Year Growth

In further consideration of Indivior's listing structure, the Board now believes that the London Delisting will be beneficial for the following reasons:
<ul>
<li>Fully aligns with Indivior's most attractive and valuable opportunity set – U.S. SUBLOCADE;</li>
<li>Better reflects the Company's geographic net revenue profile; over 80% of net revenue is generated from the U.S.;</li>
<li>Eliminates the cost and complexity of maintaining a secondary listing;</li>
<li>Recognizes that liquidity on Nasdaq now far outweighs liquidity on the LSE; as of May 27th, trading on the Nasdaq now accounts for approximately 75% of total trading volume across both exchanges over the last 30 days;</li>
<li>Takes account of the location of most holders of Ordinary Shares by value; over 70% are now held by shareholders located in the U.S.; and</li>
<li>Permits timing of material news announcements that aligns with the Company's U.S. peer set.</li>
</ul>

INDV

Indivior To Delist From LSE, Citing US Revenue Dominance And Higher Nasdaq Liquidity In Move To Streamline Operations

Macro Economic Events

Econ #s

Economics

U.K. Nationwide HPI (YoY) For May 3.5% Vs. 2.9% Est.; 3.4% Prior

U.K. Nationwide HPI (MoM) For May 0.5% Vs. 0.0% Est.; -0.6% Prior

A wallet linked to Ross Ulbricht, the creator of illegal drug marketplace&nbsp;Silk Road, received over $30 million in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Saturday, sparking intrigue among the cryptocurrency community.
What Happened: According to on-chain tracker Lookonchain, Ulbricht&#8217;s donation wallet&nbsp;received a transfer of 300&nbsp;BTC, approximately $31.47 million. Hours later, the stash was transferred to another wallet, details about which remained unknown as of this writing.
A message sent to the Instagram accounts of Ulbricht and his wife by Benzinga did not receive an immediate response.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Ross Ulbricht(<a href="https://twitter.com/RealRossU?ref_src=twsrc%5Etfw">@RealRossU</a>), the founder of the <a href="https://twitter.com/hashtag/SilkRoad?src=hash&amp;ref_src=twsrc%5Etfw">#SilkRoad</a> marketplace, received 300 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>($31.4M) to his donation wallet 8 hours ago.<a href="https://t.co/3DEsM9rpBq">https://t.co/3DEsM9rpBq</a> <a href="https://t.co/JoUMNqM99p">pic.twitter.com/JoUMNqM99p</a>
&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1929015485439389888?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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Soon after, theories and conjectures arose, with observers making various claims. A cryptocurrency commentator called CR1337 said, &#8220;You want to tell me that a single entity donated 300 BTC, more than $30M, to Ross Ulbricht, and that this is not just one of his old wallets and he sent it to himself?&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">You want to tell me that a single entity donated 300 BTC, more than $30M, to Ross Ulbricht, and that this is not just one of his old wallets and he sent it to himself? <a href="https://t.co/avPg6CXIf2">https://t.co/avPg6CXIf2</a>
&mdash; CR1337 (@cryptonator1337) <a href="https://twitter.com/cryptonator1337/status/1929073295724355656?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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Another user, Execute, meanwhile, invoked the ideas of &#8220;freedom, privacy, and justice&#8221; while discussing the massive transfer.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Someone just donated 300 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> over $30 million to support Ross Ulbricht. A powerful reminder that the fight for freedom, privacy, and justice is far from over. Ross inspired a generation to question control and choose sovereignty. The world is watching.<a href="https://twitter.com/hashtag/FreeRoss?src=hash&amp;ref_src=twsrc%5Etfw">#FreeRoss</a>… <a href="https://t.co/J8xD5WEnJ4">pic.twitter.com/J8xD5WEnJ4</a>
&mdash; Execute (@0xExecute) <a href="https://twitter.com/0xExecute/status/1929207691995742231?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
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See Also:&nbsp;<a href="https://benzinga.com/cannabis/25/06/45713895/bitcoin-ethereum-dogecoin-hold-steady-amid-us-china-trade-war-tensions-analyst-foresees-big-party-if-btc-reclaims-106000" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Hold Steady Amid US-China Trade War Tensions: Analyst Foresees &#8216;Big Party&#8217; If BTC Reclaims $106,000</a>
Meanwhile, Ulbricht has managed to raise nearly <a href="https://scarce.city/collections/b25-ross-ulbricht-collection">$1.3 million</a> in&nbsp;pledged BTC by auctioning off&nbsp;personal items from before and during his imprisonment&nbsp;through the Bitcoin auction platform&nbsp;Scarce City. The items included his prison ID card, prison notebok and artworks he created while imprisoned.
Why It Matters: Ulbricht was <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43118234/president-trump-signs-executive-order-to-pardon-silk-road-creator-ross-ulbricht">pardoned</a> by President Donald Trump earlier this year as part of a campaign promise. 
Ulbricht was serving a double life sentence since 2013 for creating the darknet website Silk Road—a hub of the illegal trafficking of heroin, cocaine, LSD, and other substances, all paid for in Bitcoin.
Shortly after the pardon, <a href="https://www.benzinga.com/25/01/43150266/unclaimed-bitcoin-worth-44-million-found-in-ross-ulbrichts-wallets-but-doubts-about-the-silk-road-founders-access-to-keys">wallets belonging to&nbsp;Ulbricht were discovere</a>d, containing as many as 430&nbsp;BTC unmoved for over 13 years.
Price Action:  At the time of writing, BTC was exchanging hands at $104,903.51, up 0.19% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Photo Courtesy: Paopano on Shutterstock.com 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45616666/dogecoin-shiba-inu-and-other-meme-coins-are-entry-points-to-crypto-ecosystem-report" target="_blank" rel="noreferrer noopener">Dogecoin, Shiba Inu And Other Meme Coins Are Entry Points To Crypto Ecosystem: Report</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Ross Ulbricht, The Silk Road Founder Pardoned By Trump Soon After His Inauguration, Receives A Whopping $31 Million Worth Of Bitcoin In Donation Wallet

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