Stocks

Broadcom is set to report quarterly earnings on Thursday after the close, following a fiscal fourth quarter that ended on October 31. The stock has climbed more than 180% since April 4 and now trades at about 42 times forward earnings versus a 10-year average of 17. Analysts expect earnings per share of $1.87 and roughly $17.5 billion in revenue, with the AI business projected to generate about $6.2 billion. That AI contribution would represent growth of around 68% year over year, according to analyst forecasts.

U.S. spot Bitcoin ETFs saw a $223.5 million net inflow on Dec. 10, the strongest single-day total in nearly three weeks. BlackRock’s IBIT took in $192.9 million and Fidelity’s FBTC added $30.6 million, while other issuers were unchanged, bringing the day’s tally to $223 million.

The New York Stock Exchange unveiled Italian artist Valentina Picozzi’s Satoshi Nakamoto sculpture on its trading floor, with placement by Twenty One Capital. The timing coincides with the December 10, 2008 anniversary of the original Bitcoin mailing list post. XXI holds 43,514 BTC and closed at $11.96, up 4.7%.

Gemini Space Station, Inc. said its affiliate Gemini Titan has received approval from the U.S. Commodity Futures Trading Commission to launch a regulated U.S. prediction market offering binary event contracts. Following the license announcement, GEMI climbed 18% in pre-market trading. The approval process began with an application in March 2020, placing Gemini among other regulated event-contract venues.

According to Cryptonews, the NYSE hosted a bronze statue of Bitcoin creator Satoshi Nakamoto, the sixth of 21 planned installations by Twenty One Capital. Twenty One's shares fell 19% on Tuesday's debut following a SPAC merger, even as the firm holds about 43,500 BTC. Bitcoin traded at $90,121 Thursday morning, down 2.3% after the Fed's third straight 25 bp cut.

On 9 December 2025, Strive Asset Management launched a $500 million at-the-market preferred stock offering to fund bitcoin purchases and other corporate purposes. The company holds about 7,525 bitcoin with an average purchase price of $113,383 per coin. It reports an unrealised loss of roughly 18 percent following the latest market decline. Strive's ASST shares rose around 3.6 percent after the announcement as it continues to pursue a bitcoin-focused treasury strategy.

On December 11, 2025, India reported ₹1,096 crore in crypto TDS across FY23–FY25, with Maharashtra contributing ₹293 crore in FY25. Bitcoin slipped under $90,000 after a Federal Reserve rate cut. SpaceX moved nearly $95 million in BTC. Twenty One Capital (XXI) debuted on the NYSE as BTC traded around $92,156.

In a Schwab Network interview, CEO Fong Lee said selling the company’s Bitcoin remains an option while emphasizing that dividends come first. He said that even if Bitcoin’s price fell 50%, holdings could fund dividends through about 2065. Lee maintained that Bitcoin is central to Strategy’s long-term plan. He also criticized MSCI’s proposed index exclusions.

Bitcoin slipped nearly 2% during early Asian trading on Thursday, even as regional equity markets advanced after the U.S. Federal Reserve delivered a widely expected 25 bps rate cut on December 10, 2025. Fed Chair Jerome Powell struck a cautiously optimistic tone on policy normalization, prompting traders to reassess the pace of easing heading into 2026.

On December 11, the U.S. Office of the Comptroller of the Currency issued a report on banks’ debanking of controversial sectors, signaling potential accountability measures for JPMorgan Chase, Bank of America and Citigroup. Bitcoin traded at $91,139.17 with a $1.82 trillion market cap, showing -1.10% over 24 hours and -21.22% across 90 days.