Today’s X Empire Investment Fund for October 15-16, 2024
Just 2 days left until the end of the Chill Phase! Prepare for the X Empire Investment Fund on October 15-16, 2024, to decide which cards we should invest in. Make sure you join in on the excitement and bonuses—time is running out!
Key Takeaways
Today’s X Empire Investment Fund for October 15-16, 2024
Where do we invest today? Artificial Intelligence, Meme T-shirts, Space Companies.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Bitcoin News Update: Canaan's Shift Toward Bitcoin Mining Drives 18% Increase and Sets New Record in Holdings
- Canaan Inc. shares surged 18% pre-market after Q3 revenue jumped 104.4% to $150.5M, surpassing estimates. - Bitcoin mining revenue soared 241% to $30.6M, driven by 267 BTC mined and 10 EH/s computing power sold. - Company boosted crypto holdings to 1,610 BTC/3,950 ETH by October 2025 and secured a 50,000-unit mining machine order. - Q4 revenue guidance ($175-205M) exceeds $148. 3M estimates, but risks include U.S. tariffs and regulatory shifts. - Analysts maintain "buy" ratings with a $3.00 price target

BCH Climbs 5.6% Over 24 Hours as Institutions Adjust Their Portfolios
- BCH surged 5.6% in 24 hours to $514.6 amid mixed 1-month (-3.14%) and 1-year (19.29%) performance. - Institutional investors reshaped holdings: Itau Unibanco cut 21.3% stake, while Goldman Sachs and Robeco increased positions. - Analysts raised price targets to $33-$35 with "neutral" ratings, though Zacks upgraded to "strong-buy" amid improved long-term outlook. - BCH maintains 1.24% institutional ownership, 12.92 P/E ratio, and stable financial metrics (quick ratio 1.53, debt-to-equity 2.00).
