Market Signal Briefing

January 21, 2026 23:18 ET  | Source: Axogen, Inc.

ALACHUA, Fla. and TAMPA, Fla., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Axogen, Inc. (Nasdaq: AXGN), a global leader in developing and marketing innovative surgical solutions for the restoration of peripheral nerve function, today announced the pricing of an upsized underwritten public offering of 4,000,000 shares of its common stock at a price to the public of $31.00 per share, before underwriting discounts and commissions. All of the shares to be sold in the proposed offering are to be sold by Axogen. In addition, Axogen has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds to Axogen from the proposed offering, before deducting underwriters’ discounts and commissions and other offering expenses payable by Axogen, are expected to be approximately $124 million (assuming no exercise of the underwriters’ option to purchase additional shares).

The proposed offering is expected to close on January 23, 2026, subject to the satisfaction of customary closing conditions.

Wells Fargo Securities and Mizuho are acting as lead book-running managers for the proposed offering. Canaccord Genuity and Raymond James are acting as co-managers for the proposed offering.

Axogen intends to use the net proceeds from the offering for early payoff and termination of its term loan facility with Oberland Capital, working capital, capital expenditures and other general corporate purposes.

The proposed offering is being made pursuant to an automatic shelf registration statement on Form S-3ASR that became automatically effective pursuant to Rule 462(e) under the Securities Act of 1933, as amended, upon its filing with the Securities and Exchange Commission (the “SEC”) on January 21, 2026. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering will be filed with the SEC and will be available for free on the SEC’s website located at http://www.sec.gov. When available, copies of the preliminary prospectus supplement and accompanying prospectus relating to the proposed offering may be obtained from: Wells Fargo Securities, LLC, Attention: Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751 (option #5) or email a request to [email protected]; or Mizuho Securities USA LLC, Attn: Equity Capital Markets, 1271 Avenue of the Americas, 3rd Floor, New York, NY 10022, by telephone (212) 205-7600, or by email: [email protected]. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the website of the SEC at http://www.sec.gov.

Prospective investors should read the prospectus forming a part of the registration statement; the preliminary prospectus supplement relating to the proposed offering, the final prospectus supplement relating to the proposed offering, when available, and the other documents that Axogen has filed with the Securities and Exchange Commission for more complete information about Axogen and the proposed offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About Axogen

Axogen (Nasdaq: AXGN) is focused on the science, development and commercialization of technologies for peripheral nerve repair. With a mission to make nerve repair the expected standard of care, Axogen advances the field through research, education, and collaboration with surgeons and healthcare providers across a global network.

Axogen’s product portfolio includes Avance® (acellular nerve allograft-arwx), Avance® Nerve Graft, Axoguard Nerve Connector®, Axoguard Nerve Protector®, Axoguard HA+ Nerve Protector™, Axoguard Nerve Cap®, and Avive+ Soft Tissue Matrix™.

Cautionary Statements Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this press release are forward-looking statements, including statements regarding Axogen’s expectations of market conditions and the satisfaction of customary closing conditions related to the public offering, and the expected closing of the offering and the anticipated use of proceeds therefrom, including the repayment of the term loan facility with Oberland Capital. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “upcoming” or “continue” or the negative of these terms or other similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, including the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the public offering, the risks associated with failing to satisfy the terms and conditions of payoff of the term loan facility with Oberland Capital, the risks and uncertainties inherent in Axogen’s business, including the risks and uncertainties described in the company’s periodic filings with the SEC. The events and circumstances reflected in the company’s forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Additional information on risks facing Axogen can be found under the heading “Risk Factors” in Axogen’s periodic filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2024 and in its subsequent quarterly reports on Form 10-Q, and in the preliminary prospectus supplement related to the public offering filed with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by applicable law, Axogen does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

Media Contact:

Axogen, Inc.
[email protected]

TORONTO--(BUSINESS WIRE)--Greenland Resources Inc. (TSX:MOLY | FSE: M0LY) (“Greenland Resources” or the “Company”) is pleased to announce that the Company has collected and reassayed 233 reasonably distributed core samples from the Malmbjerg molybdenum orebody and has recovered rare earth mineralization up to 579.5 ppm of total rare earth oxide (TREO). The Company will be investigating the potential recovery of these rare earth minerals from the future Malmbjerg molybdenum operation.

The Company selected the intervals from five diamond drill holes archived in Greenland. Intervals were chosen on the basis of the molybdenum grade being higher than the cutoff value in the proven and probable molybdenum reserves in the NI 43-101 Feasibility Study. Samples were assayed at SGS S.A in Vancouver, Canada for 56 elements including molybdenum, magnesium and rare earth elements. Analysis of the results has shown anomalous values in molybdenum, magnesium, and rare earths, and these samples are being sent for petrographic study. The goal is to identify the mineral species that contain the magnesium and the rare earth elements which will allow the Company to further study the distribution within the molybdenum orebody.

Dr. Ruben Shiffman, CEO commented: “We found numerous rare earth projects with mineral resource estimates near production with rare earth grades similar to those we found in our molybdenum mineral reserves. We have 20 years of profitable processing of molybdenum ore at a nominal throughput of 35,000 t/d with long term offtake agreements with floor price protection with some of the largest steel companies worldwide; therefore, we are encouraged to further investigate potential rare earth recoveries and capex and opex synergies with our molybdenum operation.”

The following table shows the range of the rare earth values from the elements on samples selected for the magnesium petrographic study. Gallium (Ga), another critical mineral in the US and the EU showed average values of 19.1 ppm.

Light Rare Earth Elements

Element Symbol

Minimum (ppm)

Maximum (ppm)

Average (ppm)

Lanthanum

La

4.00

92.20

18.43

Cerium

Ce

16.10

194.00

50.67

Praseodymium

Pr

2.79

21.96

7.19

Neodymium

Nd

13.10

77.60

30.05

Samarium

Sm

4.5

14.00

7.89

Heavy Rare Earth Element

Europium

Eu

0.06

1.37

0.17

Gadolinium

Gd

3.63

12.49

7.15

Terbium

Tb

0.48

2.25

1.22

Dysprosium

Dy

2.51

14.12

7.66

Holmium

Ho

0.48

2.88

1.55

Erbium

Er

1.33

9.08

4.74

Thulium

Tm

0.19

1.44

0.74

Ytterbium

Yb

1.30

10.20

5.20

Lutetium

Lu

0.20

1.46

0.75

Next steps

The Company has prepared samples for petrographic analysis to better understand the minerals that host the magnesium and the rare earth elements and then be able to determine a more extensive future assessment program for potential recovery and concentrate grades.

Qualified Person Statement

The news release has been reviewed and approved by Mr. Jim Steel, P.Geo., M.B.A. a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.

Sampling and QA/QC

In November 2025, GRI initiated a sampling program for initial metallurgical test work on magnesium recovery. Collection of 593.58 kg of material was from secure government storage facilities in West Greenland. Drillhole data from available core was reviewed and core intervals with molybdenum above the economic cut-off grade (ie ore grade material) and that also contained magnesium, were collected to make up the met test sample. The selected drillholes are all within the ore zone and are generally evenly distributed.

A sodium peroxide fusion/combined ICP-OES and ICP-MS analysis (GE_ICP91A50) was completed at SGS Canada, in Burnaby, BC, Canada, and results have been received from the lab. Full QA/QC protocol has been applied to the sampling, including the collection of field duplicates as quarter core, and the insertion of blind certified reference materials and blanks into the sample stream at a rate of one of each in every 20 samples. Chain of custody of all samples by qualified independent personnel has been maintain through the whole sampling process.

Initial samples are currently being selected for petrographic analysis to determine the minerology of the Mg samples. This will inform the upcoming metallurgical processing assessment work. The results of this initial test work will be used to determine a more extensive future assessment program for Mg recovery.

About Greenland Resources Inc.

Greenland Resources is a Canadian public company with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned Climax type primary molybdenum deposit located in central east Greenland. The Project has also magnesium as a byproduct, a market dominated 89% by China. The Malmbjerg project is an open pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. The Malmbjerg project benefits from an NI 43-101 Definitive Feasibility Study completed by Tetra Tech in 2022, with an US$820 million capex and a levered after-tax IRR of 33.8% and payback of 2.4 years, using US$18 per pound molybdenum price. The Proven and Probable Reserves are 245 million tonnes at 0.176% MoS2, for 571 million pounds of contained molybdenum metal. As the high-grade molybdenum is mined for the first half of the mine life, the average annual production for years one to ten is 32.8 million pounds per year of contained molybdenum metal at an average grade of 0.23% MoS2, approximately 25% of EU total yearly consumption and 100% of EU defence needs. On byproduct magnesium, the project uses approximately 35,000 m3 per day of saline water with around 900 ppm of magnesium and the Company is working on extracting magnesium from the saline water using innovative technologies. In addition, the molybdenum concentrate has a magnesium component. The Company is aiming to incorporate magnesium in the economics of the feasibility study. On June 19, 2025, The Company was awarded an exploitation license for molybdenum and magnesium. With offices in Toronto, the Company is led by a management team with an extensive track record in the mining industry and capital markets. For further details, please refer to our web site (www.greenlandresources.ca) and our Canadian regulatory filings on Greenland Resources’ profile at http://www.sedarplus.com/

The Project is supported by the European Raw Materials Alliance (ERMA). ERMA is managed by EIT RawMaterials GmbH, an organization within the EIT, a body of the European Union.

About Molybdenum and the EU

The EU is the second largest molybdenum user worldwide, (around 122 million pounds of molybdenum per year, 19% of the global demand according to IMOA), has large processing capacity, produces the best specialty steel products worldwide but has no molybdenum extraction. Green energy technologies, steel and defence are the key drivers for market growth. When molybdenum is added to steel and cast iron, it enhances strength, hardenability, weldability, toughness, temperature strength, and corrosion resistance. To a greater degree, the EU steel dependent industries like automotive, construction, and engineering, represent around 18% of EU GDP. Greenland Resources strategically located Malmbjerg project has the potential to supply in and for the EU approximately 25% of the EU demand of environmentally friendly high-quality primary molybdenum from a responsible EU Associate country for decades to come, as well as 100% of EU defence molybdenum consumption. More than 80% of the metallic materials (including carbon and stainless steels) to be used for defence applications require molybdenum alloying. The primary molybdenum in the Malmbjerg project is ideal for EU defence and high-performance steel applications because of low deleterious elements and long-term security supply. The EU expects to increase defense expenditures from current 1.5% to around 5% of GDP. Primary molybdenum is only produced in China (87%) and the USA (13%), China imposed export controls on molybdenum and is now a net importer. Molybdenum is categorized as a critical and/or strategic mineral across the top five defence nations in the world: U.S., China, Russia, India, and South Korea.

About Magnesium and the EU

The EU uses around 145,000 tonnes of magnesium per year (15% of the global demand) but has no treatment facilities nor extraction. Electric vehicle production and sustainable manufacturing practices are key drivers for market growth. Magnesium is a light metal with a high strength-to-weight ratio, primarily utilized in the form of magnesium metal or magnesium compounds such as caustic-calcined magnesia, magnesium chloride, hydroxide and sulfates. Magnesium metal is primarily used as casting alloy in automotive and aerospace industries (64%), aluminum-base alloys for packaging and transportation (18%), and in the desulfurization of iron and steel (4%). Smelter production of magnesium metal in 2024 was 1 million metric tonnes, 85% coming from seawater, while smelter capacity worldwide is double. Also, approximately 75% of magnesium compounds serve industrial purposes including fertilizers, cattle feed, Epsom salts, heat-resistant bricks, de-icing etc. (USGS 2024). China produces 89% of the world’s magnesium and Europe sources 97% of its magnesium from China (EC, 2023).

Forward Looking Statements

This news release contains "forward-looking information" (also referred to as "forward looking statements"), which relate to future events or future performance and reflect management’s current expectations and assumptions. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "hopes", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the Company’s objectives, goals or future plans; the prospectivity of the rare earth mineral assays and the potential to enhance the economics of the Malmbjerg molybdenum project; statements, exploration results, potential mineralization, the estimation of mineral resources and reserves, and their valuation, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions.

These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the ability to derive enhanced value from rare earth minerals in the Malmbjerg molybdenum project; future planned development and other activities on the Project; planned energy requirements of the Project; obtaining the permitting on the Project in a timely manner; no adverse changes to the planned operations of the Project; continued favourable relationships with local communities; current EU and other initiatives remaining in place into the future; expected demand for molybdenum in the EU and abroad, including by companies that expressed an interest in purchasing molybdenum; mineral reserve estimates and the assumptions upon which they are based, including geotechnical and metallurgical characteristics of rock confirming to sampled results and metallurgical performance; tonnage of ore to be mined and processed; ore grades and recoveries; assumptions and discount rates being appropriately applied to the technical studies; estimated valuation and probability of success of the Company’s Malmbjerg molybdenum project; prices for molybdenum remaining as estimated; currency exchange rates remaining as estimated; availability of funds for the Company’s projects on terms which are acceptable or at all; capital decommissioning and reclamation estimates; mineral reserve and resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner or at all; and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward-looking statements and information include known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: continued acceptance of the results of the SIA (Social Impact Assessment) and EIA (Environmental Impact Assessment); favourable local community support for the Project’s development; the projected demand for molybdenum both in the EU and elsewhere, including by companies that expressed an interest in purchasing molybdenum; the current initiatives and programs for resource development in the EU and abroad; the projected and actual status of supply chains, labour market, currency and commodity prices interest rates and inflation; the projected and actual status of the global and Canadian capital markets, fluctuations in molybdenum and commodity prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation); fluctuations in currency markets (such as the Canadian dollar versus the U.S. dollar versus the Euro); operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structure formations, cave-ins, flooding and severe weather); inadequate insurance, or the inability to obtain insurance, to cover these risks and hazards; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices in Greenland, including environmental, export and import laws and regulations; legal restrictions relating to mining; risks relating to expropriation; increased competition in the mining industry for equipment and qualified personnel; the availability of additional capital; title matters and the additional risks identified in our filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on forward-looking statements or information. These forward-looking statements are made as of the date hereof and, except as required by applicable securities regulations, the Company does not intend, and does not assume any obligation, to update the forward-looking information. Neither the Toronto Stock Exchange nor its regulation services provider accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

More News From Greenland Resources Inc.

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SummaryFUJIFILM Holdings demonstrates robust valuation metrics, supported by stable earnings and a diversified business model.While debt exceeds cash, FUJIY's income statement and earnings revisions highlight consistent profitability and prudent financial management.Japanese yen depreciation reinforces FUJIY's forward outlook.Shares present a compelling case for long-term investors seeking steady growth and risk-adjusted returns. Sundry Photography/iStock Editorial via Getty Images

Obtaining AI exposure through chips has become expensive with the VanEck Semiconductor ETF (SMH) trading above 24x earnings amid bubble talk. Also, despite their enterprise potential, software stocks have suffered a sell-off.

In

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This is an investment thesis and is intended for informational purposes. Investors are kindly requested to do additional research before investing.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SCHD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Chip Wilson said the recall of see-through leggings was a result of Lululemon's incompetent board. Jim Bennett/Getty Images 2026-01-22T05:04:01.213Z

Lululemon's founder, Chip Wilson, had a lot to say about the recall of the sheer "Get Low" leggings. Wilson said the recall was due to the Lululemon board's inexperience and shortsightedness. Lululemon issued a similar recall in 2013, when Wilson was on the company's board. Lululemon's founder said the athleisure company's recall of its sheer "Get Low" leggings was a "new low" for the brand.

Chip Wilson, Lululemon's founder and former CEO, said in a Wednesday LinkedIn post that the pullback of the leggings was a "total operational failure," and the fault of the company's board.

"I've believed that Lululemon has lost its cool for some time, but it is now evident to me that the Company has completely lost its way as a leader in technical apparel," Wilson said on LinkedIn.

He slammed the board, calling them inexperienced and shortsighted.

"It is clear that persistent failures like this are born out of this Board's lack of experience in creative businesses, disinterest in product development and quality, and focus on short-term, self-interested priorities," Wilson said.

Lululemon said in a statement to Bloomberg on Wednesday that the collection was still available in stores, but its online sales had been temporarily paused because of guest feedback.

The recall took place less than two years after its "Breezethrough" product line was pulled from the market in July 2024, following customer complaints about unflattering seam lines.

Analysts took note of the "Get Low" recall.

"LULU's withdrawal of a new legging line underscores ongoing execution issues in its core and raises further concerns about the durability of its innovation engine and premium positioning," Jefferies analysts wrote in a Tuesday note.

Lululemon's stock price is down about 10% over the past five days and has dropped more than 50% over the past year.

However, Lululemon had another sheer leggings fiasco more than a decade ago, when Wilson was still on the company's board.

In 2013, Lululemon recalled 17% of all its pants for being too sheer. At that point, the company blamed the manufacturing error on an incomplete testing protocol.

This is not the first time Wilson has publicly criticized the brand since he left the company's board in 2015.

He slammed the company's succession plan after CEO Calvin McDonald, compared its trajectory to a "plane crash" and a "sinking ship."

In December, he launched a proxy fight to shake up the company leadership. As the largest shareholder, he nominated three new board members of his choosing.

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American fast food chain Steak ‘n Shake has announced that all hourly employees will receive a Bitcoin bonus starting on March 1st.

Steak ‘n Shake Integrates Bitcoin Bonus Payments Steak ‘n Shake will pay all hourly employees at its company-operated restaurants a bonus in Bitcoin for every hour of work, as revealed by the company’s official X handle. Steak ‘n Shake, primarily based in the United States, is a fast food chain that mainly serves burgers and milkshakes, with its flagship item being the Steakburger. Back in May 2025, the firm opened itself to Bitcoin, allowing customers to pay at all its locations using the cryptocurrency.

Last Friday, Steak ‘n Shake provided an update on the scheme, noting that same-store sales have dramatically increased for the company since it started accepting BTC. The firm added that all of its BTC sales go into its Strategic Bitcoin Reserve (SBR) and announced that it expanded this reserve by an additional $10 million in notional value in that same update.

“We have created a self-sustaining system — growing same-store sales that grow the SBR,” wrote the company. “Improving food quality expands Steak n Shake’s reach and leverages Bitcoin into a new and delicious dimension.” Now, it seems Steak ‘n Shake has taken its BTC acceptance a step further with the employee bonus integration.

According to the announcement, all hourly employees will receive $0.21 BTC for every hour worked. However, only workers who have passed a two-year vesting period will be able to collect their digital asset pay.

Steak ‘n Shake credited Fold for providing assistance on the initiative. Fold is a financial services platform that offers, among other features, a debit card allowing users to earn BTC rewards on payments.

The Bitcoin bonus program is set to go live on March 1st. “We take care of our employees; they, in turn, take care of customers; and the results take care of themselves,” said Steak ‘n Shake.

In some other news, institutional demand for Bitcoin has remained strong recently, according to CryptoQuant founder and CEO Ki Young Ju. To track the behavior of these large entities, Young Ju has referred to the supply of addresses carrying between 100 and 1,000 BTC.

“US custody wallets typically hold 100-1,000 BTC each,” explained the CryptoQuant founder. “Excluding exchanges and miners, this gives a rough read on institutional demand.” As the chart below shows, the supply of this investor segment has shown significant growth in recent months.

The trend in the combined balance of institution-sized wallets | Source: @ki_young_ju on X In total, Bitcoin wallets in the 100 to 1,000 tokens range have collectively added 577,000 BTC (roughly worth $51.5 billion) to their holdings over the past year. So far, this accumulation hasn’t shown signs of slowing down.

BTC Price At the time of writing, Bitcoin is floating around $89,200, down 6% in the last seven days.

The price of the coin seems to have plunged over the past few days | Source: BTCUSDT on TradingView Featured image from Dall-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Leading cryptocurrencies surged alongside stocks on Wednesday, while gold eased as President Donald Trump backed off on planned tariffs on Europe over Greenland.

CryptocurrencyGains +/-Price (Recorded at 8:25 p.m. ET)Bitcoin (CRYPTO: BTC)+1.32%$90,068.10Ethereum (CRYPTO: ETH)
               +1.99%$3.019.96XRP (CRYPTO: XRP)                         +2.98%$1.96Solana (CRYPTO: SOL)                         +2.42%$130.47Dogecoin (CRYPTO: DOGE)             +1.77%$0.1274Crypto Market LiftsBitcoin snapped its week-long losing streak, rising above $90,000, while Ethereum reclaimed $3,000 amid a broader cryptocurrency market upswing.

Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR)  and Bitmine Immersion Technologies Inc. (NYSE:BMNR), closed up 2.23% and 3.93%, respectively

Over $630 million was liquidated from the market in the last 24 hours, according to Coinglass, with nearly equal amounts of levered longs and shorts erased.

Notably, Bitcoin's open interest fell 0.35% in the last 24 hours. A lower open interest with rising prices typically indicates that bearish traders are closing their short positions.

"Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M)Gains +/-Price (Recorded at 8:25 p.m. ET)Solana Mobile Seeker (SKR )   +243.91%    $0.02763River (RIVER )                 +35.66%      $46.90pippin (PIPPIN )           +29.36%      $0.3664The global cryptocurrency market capitalization stood at $3.04 trillion, following an uptick of 1.15% in the last 24 hours.

Stocks Also ReboundThe stock market made a sharp recovery on Wednesday. The Dow Jones Industrial Average rallied 588.64 points, or 1.21%, to end the session at 49,007.23. The S&P 500 rose 1.16% to close at 6,875.62, while the tech-focused Nasdaq Composite lifted 1.18% to finish at 23,224.82.

The rebound came after Trump said planned tariffs on EU countries will no longer take effect, citing a "very productive" meeting on a Greenland framework with NATO leadership.

Risk-on sentiment returned, dragging traditional safe havens lower. Spot gold traded down 1.07% at $4,785 an ounce after powering above $4,800 earlier in the day.

Will Bitcoin See ‘Strong Upside Momentum?’Ali Martinez, widely followed cryptocurrency analyst and trader, highlighted Short-Term Holder Realized Price, currently at $98,365, as a bullish level for Bitcoin.

"Historically, reclaiming this level has unlocked strong upside momentum since 2023," the analyst stated.

The Bitcoin Short Term Holder Realized Price is a metric that calculates the average price at which short-term investors have purchased their BTC. In bull markets, price typically stays above this level.

Friedrich, another prominent cryptocurrency commentator, predicted Bitcoin to reclaim $100,000 soon if it closes above $94,000 this week.

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TLDR: Zain Bacchus (ex-Meta and OP Labs) takes over as Chief Product Officer (CPO). Smit Vachhani (ex-Optimism) joins as Senior Vice President of Growth. The company is transitioning from a generic L1 network to an ecosystem focused on trading applications.

Binance's U.S. comeback is increasingly seen as inevitable, with Ripple CEO Brad Garlinghouse stating that its return could intensify competition, lower prices, and reshape the regulatory and market balance across the American crypto economy.

TLDR:

Monica Long predicts that half of major corporations will integrate digital assets into their treasuries by 2026. Stablecoins and asset tokenization are consolidating as pillars of modern financial infrastructure. More than 50% of the world’s largest banks will formalize crypto custody services this year. The global financial industry is heading toward an unprecedented transformation led by the crypto adoption in Fortune 500 companies. Monica Long, President of Ripple, predicts that by 2026, at least half of these corporations will have implemented formal digital asset treasury strategies, focusing especially on stablecoins and tokenized assets.

After one of crypto’s most exciting years (and Ripple’s), the industry is entering its production era. In 2026 we’ll see the institutionalization of crypto — trusted infrastructure and real utility will push banks, corporates, and providers from pilots to scale — across…

— Monica Long (@MonicaLongSF) January 20, 2026 Long added that the sector is leaving pilot phases behind to enter large-scale production, where cryptocurrencies will not just be investment products, but essential operating infrastructure. In this sense, regulatory clarity in the United States, following the passage of regulations such as the “GENIUS Act,” has been a fundamental catalyst for firms like Visa and Stripe to integrate these assets into their payment flows.

Corporate balance sheets also reflect this paradigm shift, as they diversify their exposure beyond Bitcoin. Consequently, companies are expected to routinely adopt on-chain instruments to improve settlement speed and daily liquidity management.

Impact of ETFs and Institutional Custody on the Ecosystem The surge of Ethereum and Solana exchange-traded funds (ETFs), which recorded record volumes in January 2026, acts as a gateway for institutional investors requiring familiar structures. The executive emphasizes that the sector’s consolidation, with acquisitions exceeding $8.6 billion in 2025, is strengthening global custody infrastructure.

Monica Long also anticipates that more than half of the world’s top 50 banks will establish formal crypto custody relationships during this year. Therefore, interoperability between blockchain systems and financial automation tools will allow for continuous and efficient collateral management.

In summary, the market is closely watching how these forecasts materialize in an environment of increasing technological maturity. The validation of these projections would not only transform the traditional financial system but would also consolidate digital assets as the foundation of global corporate commerce in the coming decade.

Journalist

Posted: January 22, 2026

Trump Media (Nasdaq, NYSE, Texas: DJT) has set the 2nd of February for a token airdrop for shareholders who hold at least one whole DJT stock, as part of its blockchain rewards strategy. 

The firm, associated with U.S. President Donald Trump, owns the social media platform Truth Social and fintech firm Truth.Fi.

The plans were first announced last year and have now advanced to the final stages. 

The associated rewards would be tied to discounts and benefits for the firm’s products, spanning Truth Social, its prediction market, Truth Predict, and its streaming platform, Truth+. 

Interestingly, the move comes at a time when regulatory clarity in the tokenization space is in doubt, as momentum for the CLARITY Act stalled last week.

However, the firm said that the digital tokens will be for rewards only and won’t represent ownership in the company (not tokenized securities). 

Trump Media’s CEO and Chairman, Devin Nunes, clarified, 

“Our position is that the token is not a security because it does not represent ownership in Trump Media or any other entity, and token holders should not expect profits derived from others’ managerial efforts.”

He further added,

“We look forward to leveraging Crypto.com’s blockchain technology consistent with Securities and Exchange Commission guidance to benefit our shareholders and promote transparency.”

Impact on TRUMP memecoin? The firm will use the Crypto.com chain, Chronos [CRO], to mint and custody the tokens and will share them periodically with DJT holders.

However, since the token won’t be tradeable and isn’t equity, this implies it will be a new token, different from the Official Trump [TRUMP] memecoin or the Trump family-backed World Liberty Financial [WLFI].  

Following the update, TRUMP memecoin slipped 4%, effectively round-tripping its 2026 recovery gains. 

Source: TRUMP/USDT, TradingView 

The memecoin recovery hit 23% and tagged $5.8 before market sentiment reversed and dragged it back to $5, the level that kicked off this year’s rally. 

At the time of writing, the memecoin was barely holding above $5, trading at $4.9. 

Besides, apart from a slight interest in Binance, as tracked in Cumulative Volume Delta (CVD), overall demand for the memecoin remained negative in the past few days. 

Source: Velo

Overall, the novel blockchain rewards being pushed by Trump Media could set a precedent for other use cases linking traditional shareholders as tokenization gains momentum. But the TRUMP token was bearish after the update. 

Final Thoughts  Trump Media plans to roll out token airdrops to shareholders from the 2nd of February for rewards and discount benefits linked to its products.  TRUMP memecoin remained bearish after the update and shed 4% and was barely holding above $5 at press time. 

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

Part of the Team Since

Jan 2024

About Author

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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8 minutes ago

Bitcoin inched up toward $90,000 early Thursday as investors eased back into risk, after President Donald Trump struck a calmer tone on Greenland and signalled a path toward a deal that pulled some heat out of markets.

Asian equities followed Wall Street higher, while gold and silver slipped as the scramble for safety faded.

Market snapshot Bitcoin: $89,906, up 0.9% Ether: $3,018, up 1.8% XRP: $1.95, up 2.6% Total crypto market cap: $3.13 trillion, up 0.9% The shift came after Trump said he had reached the “framework of a future deal” involving NATO over Greenland, and indicated he would hold off on the tariff threat that had rattled traders earlier in the week.

Trump Backs Off Greenland Tariffs, Leaves Details Of Deal VagueThat message marked a clear step down from the weekend’s rhetoric, when Trump talked up US control of Greenland, threatened a new round of duties on several European countries, and kept markets guessing about how far he might push.

European leaders had been preparing retaliation options and warning the dispute risked spilling into a broader trade fight.

Even so, the contours of any “framework” remain hazy. Denmark has repeatedly rejected the idea of ceding the semi-autonomous island, and NATO Secretary General Mark Rutte later suggested sovereignty was not on the table in his conversation with Trump, leaving investors to treat the détente as tactical, not permanent.

Markets traded the change in tone quickly. Japan’s Nikkei rose 1.4%, South Korea’s Kospi gained 1.6%, and Australia’s S&P ASX 200 added 0.6%, putting a regional gauge on track to snap a three-day losing streak.

Overnight in the US, equities rose as traders unwound part of the week’s risk-off positioning. The S&P 500 climbed 1.2% and the Nasdaq 100 advanced 1.4%, after Trump’s comments reduced the odds of near-term tariff escalation tied to Greenland.

Relief Rally Meets Reality As Greenland Stays A Live RiskIn crypto, the bounce came with a more measured tone. Bitfinex analysts said the focus now is on signs that the market is stabilizing, including ETF flows flattening or turning positive, spot taker cumulative volume delta staying net positive, and price reclaiming the $90,000 to $92,000 zone with falling volatility.

“If those don’t align, this move looks like redistribution instead of the previously assumed consolidation before an uptrend,” they said.

Rates and the dollar looked steadier as well. Treasury yields held near recent levels after easing in the prior US session, helped by calmer bond-market trading and solid demand at a $13B 20-year auction, while the greenback edged higher.

Currently, traders are treating Greenland as a live headline risk rather than a closed chapter.

Trump is still keeping the issue on the global agenda at Davos, and investors have learned this week that a single line from the podium can reset the mood across stocks, crypto and havens just as fast.

Real-world assets tokenization platform Ondo Finance (CRYPTO: ONDO) launched hundreds of blockchain-based stocks, exchange-traded funds, bonds, and commodities on Solana (CRYPTO: SOL) on Wednesday.

Ondo Finance said in an X post that it’s bringing the “full TradFi portfolio” to Solana, one of the most popular networks for decentralized finance.

More than 200 assets, including Mag 7 stocks such as NVIDIA Corp. (NASDAQ:NVDA) and Microsoft Corp. (NASDAQ:MSFT), ETF’s such as iShares MSCI Emerging Markets ETF (NYSE:EEM), treasury bonds, precious metals such as gold and silver, will be available for trading on the Layer-1 network.

The assets were launched via the Solana-based decentralized finance protocol Jupiter Exchange.

It’s worth noting that prediction market Kalshi previously launched blockchain-powered predictions on Solana through the Jupiter Exchange.

Tokenization Wave Sweeps Wall StreetOndo Finance’s latest move expanded its tokenized offerings beyond Ethereum (CRYPTO: ETH) and BNB Chain (CRYPTO: BNB), where it already has over 200 TradFi assets trading.

As of this writing, the total value of all tokenized offerings on Ondo Finance sits over $2 billion, according to RWA.xyz, a platform that tracks the RWA market.

This announcement comes days after the New York Stock Exchange revealed plans to develop a platform for the trade and on-chain settlement of tokenized securities, offering 24/7 operations, instant settlement, fractional share trading, and stablecoin-based funding.

Price Action: At the time of writing, SOL was exchanging hands at $130.01, up 2.49% in the last 24 hours, according to data from Benzinga Pro. Ondo Finance’s native token traded up 2.78% at $0.3457

Photo Courtesy: LEE WA DA on Shutterstock.com

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ARK Invest’s latest analysis affirms it still sees Bitcoin reaching close to a $1 million price tag in 2030 on growing adoption.

Cathie Wood’s ARK Invest predicts digital assets could grow into a $28 trillion market by 2030, with growth primarily linked to increasing Bitcoin adoption and its potential price appreciation.

ARK estimated in its “Big Ideas 2026” report on Wednesday that the crypto market would expand at a 61% compound annual growth rate (CAGR) to meet the $28 trillion target by 2030, adding that Bitcoin could account for 70% of that figure.

Source: Cointelegraph
Given that about 20.5 million Bitcoin (BTC) are expected to have been mined by 2030, such a scenario could see Bitcoin’s price in the $950,000 to $1 million ballpark.

“Bitcoin is maturing as the leader of a new institutional asset class,” ARK Invest said, pointing out that Bitcoin exchange-traded funds and corporate Bitcoin holders increased their share of Bitcoin’s total supply from 8.7% to 12% in 2025.

Last February, ARK Invest CEO Cathie Wood said Bitcoin could reach up to $1.5 million over the same timeframe.

Bitcoin’s change in price in 2025 and key institutional milestones. Source: ARK Invest
The asset manager said the growth could also come from increased adoption of decentralized finance, stablecoins and tokenized real-world assets (RWAs), with top smart contract chains like Ethereum and Solana tipped to benefit most.

ARK predicted these smart contract platforms could grow at a 54% CAGR to $6 trillion by 2030, noting that they currently generate annualized revenue of about $192 billion with an average take rate of 0.75%.

Total capital secured across various blockchains. Source: ARK Invest
However, ARK said the cryptocurrencies behind these smart contract chains will likely derive more of their market capitalization from their store of value and reserve asset traits than from discounted cash flows.

Tokenized RWAs could hit $11 trillionARK also tipped that $11 trillion worth of RWAs will be tokenized by 2030, on expectations of more regulatory clarity and improved institutional-grade infrastructure.

Data from RWA.xyz states that $22.25 billion worth of RWAs are tokenized onchain, meaning the market would need to grow at a 245.8% CAGR to meet ARK’s target.

Magazine: Davinci Jeremie bought Bitcoin at $1… but $100K BTC doesn’t excite him

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

On-chain analytics firm Glassnode has pointed out how large entities drove Bitcoin accumulation during the November-December bottoming phase.

Large Entities Accumulated BTC, While Smaller Investors Sold In a new post on X, Glassnode has talked about the recent Bitcoin investor behavior. “During the November–December bottoming phase, supply accumulation was primarily driven by larger entities, while smaller cohorts were distributing,” noted Glassnode.

To showcase the trend, the analytics firm has cited the Accumulation Trend Score, an on-chain indicator that tells us about whether BTC addresses are accumulating or distributing. The indicator uses two factors to calculate its value: the balance changes happening in the wallets of the investors and the size of the wallets themselves. This means that larger entities have a stronger influence on the metric.

When the value of the Accumulation Trend Score is greater than 0.5, it means large entities (or alternatively, a large number of small entities) are accumulating. The closer is the indicator to 1.0, the stronger is this behavior. On the other hand, the metric being under the threshold implies that distribution is the dominant behavior among investors. The zero level acts as the extreme point for this side of the scale.

The Accumulation Trend Score can also be separately calculated for specific Bitcoin segments to get a more granular view of behavior. Below is the chart shared by Glassnode, doing exactly this for the various BTC investor groups.

Looks like distribution has been dominant among the smaller entities | Source: Glassnode on X As is visible in the graph, the Bitcoin Accumulation Trend Score was close to a value of 1.0 for 10,000+ BTC investors during the bottoming period that followed the price crash in November. The investors in this wallet range are often dubbed as “mega whales,” corresponding to the largest of entities on the network.

The normal whales, holding coins in the 1,000 to 10,000 BTC range, started accumulating a bit later, as their Accumulation Trend Score turned blue in December. The whales have since maintained net buying, but the mega whales switched to a neutral behavior around mid-December.

Interestingly, while the whales have been showing accumulation, the same hasn’t been true for the smaller investor groups. All cohorts carrying less than 1,000 BTC have displayed varying degrees of distribution during the last few weeks, with the 1 to 10 coins group in particular showing a near-perfect selling behavior.

“This divergence appears to be driven in part by exchange-related wallet reshuffling, and also by large holders buying the dip,” explained the analytics firm. It now remains to be seen how long the distribution from smaller Bitcoin entities will continue.

BTC Price Bitcoin has been falling since the week started as its price is now trading around $88,900.

The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, chart from TradingView.com

Seeker users get 90 days to claim SKR before unclaimed tokens return to Solana Mobile's airdrop pool after the April deadline.

Solana Mobile has finally launched the much-anticipated SKR, the native token of its Seeker smartphone ecosystem. The distribution went live on Tuesday at 9:00 pm ET.

It allows eligible Seeker users to claim and optionally stake their allocations through the Seed Vault Wallet’s Activity Tracking tab, with a small SOL balance required to complete the transaction.

SKR Arrives on Solana Users have a 90-day window to claim, after which unclaimed tokens will be returned to the airdrop pool following April 20. Developers who shipped qualifying applications to the Solana dApp Store during Seeker Season 1 are also eligible to claim allocations via the Publishing Portal.

The announcement read,

“Seeker and SKR are a bet that there’s another way for mobile: that the people who use the network should own the network. Today, over 100,000 of you can claim your stake in that future.”

SKR is issued as an SPL token on Solana and supports Seeker, Solana Mobile’s second-generation Web3 device platform, which is positioned as a successor to the earlier Saga phone.

Tokenomics The token has a fixed total supply of 10 billion. 30% have been allocated to airdrops for users and developers, 25% set aside for ecosystem growth and partnerships, and 10% reserved for liquidity and launch-related needs.

A further 10% is designated for a community treasury, while Solana Mobile and Solana Labs receive 15% and 10%, respectively. Solana Mobile determined which users would receive SKR based on verified activity recorded from their Seeker devices and apps.

You may also like: Crypto Funds Hit by $454M Weekly Exodus as Fed Rate-Cut Hopes Fade Pump.fun Leads as Solana App Revenue Hits $2.4B in 2025 CNBC Crowns XRP Hottest Crypto Trade of 2026 Over BTC and ETH: Here’s Why SKR is designed to support governance and staking within the ecosystem. It will enable holders to delegate tokens, earn rewards, and participate in decisions related to platform economics and initiatives. The token’s official website revealed that it employs a linear inflation model, starting at 10% in the first year and declining annually by 25% until stabilizing at a terminal rate of 2%, as Seeker Season 2 begins with expanded apps, rewards, and activity tracking.

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About the author

Chayanika has been working as a financial journalist for seven years. A graduate in Political Science and Journalism, her interest lies in regulatory implications with a focus on technological evolution in the crypto realm.

XRP price started a recovery wave above $1.950 but failed near $2.00. The price is now showing a few bearish signs and might decline below $1.920.

XRP price started a recovery wave above the $1.950 zone. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $1.920. XRP Price Faces Key Hurdle XRP price remained supported above $1.8650 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.90 and $1.920 to enter a short-term positive zone.

There was also a move above the 50% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low. The price even spiked above $1.980 before the bears appeared. The bulls failed to clear the $2.00 resistance. There is also a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair.

The price is now trading below $2.00 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.990 level or the 76.4% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low.

Source: XRPUSD on TradingView.com The first major resistance is near the $2.00 level. A close above $2.00 could send the price to $2.0650. The next hurdle sits at $2.10. A clear move above the $2.10 resistance might send the price toward the $2.150 resistance. Any more gains might send the price toward the $2.20 resistance. The next major hurdle for the bulls might be near $2.250.

Another Drop? If XRP fails to clear the $2.00 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.920 level. The next major support is near the $1.90 level.

If there is a downside break and a close below the $1.90 level, the price might continue to decline toward $1.8650. The next major support sits near the $1.820 zone, below which the price could continue lower toward $1.750.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $1.920 and $1.90.

Major Resistance Levels – $2.00 and $2.065.

XRP's legal standing under U.S. securities law is considered settled after the Ripple ruling, but renewed scrutiny of dropped crypto enforcement cases is reviving debate over whether regulators can revisit issues already decided by the courts. XRP Non-Security Classification Reasserted, Reducing Long-Term Regulatory Risk XRP's legal status under U.S.

Artificial intelligence (AI) stocks still have a lot more room to run over the next decade.

Technology stocks have helped lead the market higher for much of the past decade, and with artificial intelligence (AI) still in its early innings, there is a good possibility this trend continues over the next decade.

Let's look at three AI stocks to buy and hold for the next 10 years.

Image source: Getty Images.

1. Nvidia: The king of AI infrastructure Nvidia (NVDA +2.98%) has been at the forefront of the AI boom, and it has the moat in place to continue to be the AI infrastructure leader over the next decade.

This moat starts with its CUDA software platform, where most foundational AI tools and libraries have been written and optimized for its graphics processing units (GPUs). It then moves into networking, where its proprietary NVLink interconnect system shares pooled memory and speeds up communication between its chips, allowing them to act like one powerful unit. At the same time, its central processing units (CPUs), data processing units (DPUs), and other networking components let it deliver turnkey AI supercomputers.

Today's Change

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Both companies and countries are in an AI gold rush, and Nvidia is the primary pick-and-shovel provider. Data center infrastructure spending is expected to remain robust for a very long time, which sets up Nvidia to continue to be a long-term AI winner. Meanwhile, with the stock trading at a forward price-to-earnings (P/E) ratio of approximately 24.5 times analyst estimates and a price/earnings-to-growth (PEG) ratio of less than 0.7 times (with PEGs below 1 generally considered undervalued), it is attractively priced.

2. Alphabet: A vertical integration advantage With the most complete AI stack of any company, Alphabet (GOOGL +2.01%) (GOOG +1.97%) is primed to be a long-term AI winner. The company has developed its own world-class custom AI chips called Tensor Processing Units (TPUs), which it has used to train its top-tier AI model Gemini. It has then infused Gemini throughout its products, including Google Search, to help drive growth. On top of that, it is now starting to let customers use its TPUs with Google Cloud to help them power their own AI workloads.

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Alphabet hasn't stopped there, though. The company also owns top-notch AI software, like Vertex AI, and has its own large-scale fiber network. It's also in the process of buying leading data center cybersecurity company Wiz and data center energy company Intersect.

With energy being one of the biggest AI infrastructure bottlenecks, the Intersect deal should help the company be able to more quickly build out new data centers. This vertical integration sets Alphabet apart in the AI space, and trading at a forward P/E of 25 times, it is also reasonably priced.

3. Taiwan Semiconductor Manufacturing: A near monopoly The AI boom isn't possible without Taiwan Semiconductor Manufacturing (TSM 0.21%), as the company has become a virtual monopoly in the manufacturing of advanced chips, like GPUs and TPUs. It has proven to be the only company capable of manufacturing these chips at scale with minimal defects, making it an integral partner to chip designers.

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The company recently announced that it would ramp up its capital expenditures (capex) to build additional fabs (chip manufacturing facilities), as customers continue to clamor for more capacity. TSMC's position has also given it strong pricing power, and reports say that the company has already told customers it plans to increase prices over the next four years. Increased prices and strong utilization are also leading to robust gross margins for the company.

TSMC is set to be one of the biggest beneficiaries of the AI data center buildout moving forward: It's increasing capacity, raising prices, and advancing its technological expertise briskly. Meanwhile, the stock is also attractively valued, trading at a forward P/E of 24 times and a PEG of 0.7. That makes it a top stock to buy and hold for the next decade.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© hrui / iStock via Getty Images

Investors in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) have watched shares climb 74% over the past year, rising from around $20 to $35. This recovery reflects renewed optimism about renewable energy economics, though the fund still trades well below its 2021 peak after a brutal 70% drawdown driven by rising rates and profitability concerns.

The AI Data Center Boom Changes the Equation Clean energy’s investment case traditionally hinged on policy support and cost competitiveness with fossil fuels. That changed in 2025 when artificial intelligence infrastructure created urgent new demand for reliable, on-site power generation. The shift became visible when companies like Bloom Energy (NYSE:BE) secured data center contracts that validated fuel cells as immediate power solutions, driving investor enthusiasm for on-site generation technologies. This wasn’t about tax credits or renewable mandates. It was about tech companies needing power immediately, in massive quantities, without waiting for grid upgrades.

The macro factor to watch is whether AI buildout sustains this demand trajectory. Data center energy consumption is projected to double by 2028, and renewable providers are positioned as the fastest path to new capacity. But if AI investment slows or if utilities accelerate natural gas plant construction, the urgency fades. Track announcements from hyperscalers like Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN) about their energy procurement plans. These appear in quarterly earnings calls and sustainability reports. A shift from renewable commitments to pragmatic fossil fuel contracts would undermine PBW’s recent momentum.

Lithium Exposure Creates Portfolio Concentration Risk Lithium exposure illustrates PBW’s commodity risk. The fund’s positions in companies like Albemarle (NYSE:ALB) looked prescient when lithium commanded $80,000 per ton, but the subsequent price collapse below $12,000 turned these holdings into portfolio anchors. This pattern repeats across the portfolio – the fund’s top holding, Navitas Semiconductor (NASDAQ:NVTS), saw revenue fall by more than half despite its positioning in AI infrastructure power semiconductors, revealing a disconnect between thematic appeal and actual business performance.

The micro factor is holdings-level execution risk. Check the ETF’s monthly fact sheet on Invesco’s website to monitor whether lithium and semiconductor positions are expanding or contracting. If the fund rebalances toward companies with actual revenue growth rather than thematic exposure, that signals healthier fundamentals. Conversely, continued concentration in unprofitable battery material plays suggests speculative positioning vulnerable to commodity price swings.

The next 12 months hinge on whether AI energy demand proves durable and whether PBW’s lithium-heavy portfolio can deliver earnings growth, not just thematic appeal.

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By PYMNTS  |  January 21, 2026

 | 

United Airlines grew its loyalty revenue by promoting loyalty rather than rewards, an executive said Wednesday (Jan. 21) during the company’s fourth quarter earnings call.

The airline’s loyalty revenue saw year-over-year increases of 10% for the fourth quarter and 9% for the full year of 2025, according to a Wednesday earnings release.

Andrew Nocella, executive vice president and chief commercial officer at United Airlines, said during the call that the company aims to continue the momentum of its MileagePlus loyalty program and enhance its growth potential in the coming years by “drawing a larger distinction between true loyalty programs and reward programs offered by others.”

Asked by an analyst about that distinction and about how MileagePlus is differentiated from other programs, Nocella said the main metric is churn of members.

The MileagePlus programs have very little churn, as members join the program and get the credit card and stay with them for a very long time, Nocella said.

“Therefore, we don’t need to do extraordinary things to attract people to United; we’ve already done it with a great product, a great network and rewards that they really want, which is travel,” Nocella said. “People really want a first-class seat or a Polaris seat to Tahiti as a reward.”

Advertisement: Scroll to Continue

United Polaris is the airline’s premium business class experience, according to the company’s website.

“All of the other programs out there tend to use constant bonus points and other benefits and have a lot of revolve around customers going in and out, switching credit cards, so on and so forth, often to game the systems,” Nocella said. “I just think an airline program, and particularly the United program, is different.”

United’s MileagePlus loyalty program has over 130 million members, according to a company profile on its investor relations site. The program features miles that never expire, and no blackout dates for award seats, per the site.

Recent developments in the program include an integration with Lyft that will provide new ways for travelers to earn and use their rewards, the addition of a new debit card product, and a partnership with JetBlue that merges aspects of each other’s loyalty programs.

Nocella said during the call, when describing the distinction between loyalty and rewards, “We should harness the power of that to figure out how we can make it even stickier and grow it faster, which is what we’ll talk about in the next 10 or 12 weeks.”

Analyst’s Disclosure: I/we have a beneficial long position in the shares of STNE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

By Reuters

January 22, 20263:10 AM UTCUpdated ago

BitGo logo in this illustration taken November 3, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab

CompaniesJan 21 (Reuters) - Crypto custody firm ​BitGo (BTGO.N), opens new tab priced ‌its U.S. initial public offering ‌above its indicated range ​on Wednesday, raising $212.8 ‍million and paving the way ⁠for the ‍first stock market ‌debut ‌by a digital asset company ⁠in ⁠2026.

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Hillgrove Resources Limited (HLGVF) Q4 2025 Earnings Call January 21, 2026 8:00 PM EST

Company Participants

Robert Fulker - MD, CEO & Director
Luke Anderson - CFO & Joint Company Secretary

Presentation

Unknown Executive

Good morning, everyone. This is [ Jane Brampton ], Investor Relations at Hillgrove Resources. Welcome, and thank you for joining the Hillgrove Resources December 2025 Quarterly Update. [Operator Instructions]

I will now hand over to Mr. Bob Fulker, CEO and Managing Director at Hillgrove Resources.

Robert Fulker
MD, CEO & Director

Thank you, Jane, and good morning, everyone. Thanks for joining the Hillgrove Resources 2025 December Quarterly Results Webinar. I'm joined on the call today by Luke Anderson, our CFO. And for those who have been on previous calls, we're on a new platform today, and this is part of our investor engagement improvement program, which includes easy access to up-to-date information and releases.

2025 year of disciplined delivery -- was a year of disciplined delivery. The copper production of 11,315 tonnes landed within our production guidance range of 11,000 to 11,500 tonnes. All-in costs for the year came in at USD 4.29 per pound, positioned at the lower end of our 2025 cost guidance range. Operating mine cash flow for the December quarter was back up to $12.7 million, with a full year operating cash flow at AUD 35.8 million.

During 2025, we invested $21 million in major capital and $20.5 million in sustaining capital to increase the Kanmantoo's mining footprint through the early development of Nugent decline and increasing the Kavanagh decline advance rates. These are the first steps to increase our mining rate up to the 1.8 million tonnes per year during 2026. More importantly, it gives us the ability to increase our copper production up to our new guidance, which has a top end range of 14,000 tonnes of