Corporate Strategy

NovaBay Stock Jumps 26% After Pivot to Stablecoins, Plans New SDEV Ticker

On March 23, 2026, pharmaceutical firm NovaBay surged 26% after announcing a pivot into stablecoins and a planned ticker change to SDEV in April. The move signals a dramatic corporate shift into crypto markets but leaves operational and regulatory details unclear.

Nike quits NFTs and Web3 after reportedly selling RTFKT

Nike reportedly sold its digital products arm RTFKT in December and is moving forward with a planned shutdown of its NFT division by the end of January. The move completes the sportswear giant's retreat from its blockchain-related initiatives announced last year.

Published at 2026-01-07 11:30:07
Strive, Inc. and Semler Scientific Announce Strategic All-Stock Merger with Major Bitcoin Acquisition – cover image
Strive, Inc. and Semler Scientific Announce Strategic All-Stock Merger with Major Bitcoin Acquisition

Strive, Inc. and Semler Scientific have announced an all-stock merger with Strive acquiring over 5,800 Bitcoin worth $675 million. The merger will create a powerful corporate Bitcoin acquisition platform alongside Semler's diagnostics business, aiming to drive shareholder value and healthcare innovation.