Foresight News reports that, according to Reuters, Strategy underwriter Clear Street announced a delay of its US IPO originally scheduled for Friday, citing “market conditions” as the reason. Additionally, the company has significantly reduced its Nasdaq IPO fundraising target from an initial $1.05 billion to $364 million. After the reduction, Clear Street’s valuation is approximately $7.2 billion, down from the previous target valuation of $11.8 billion.
In recent years, Clear Street has become one of the leading underwriters for cryptocurrency-related stock offerings, providing underwriting services for multiple crypto treasury companies, including multiple stock offerings for Strategy, and has also served as an underwriter for Trump Media & Technology Group.
Foresight News previously reported that Clear Street announced in early December 2025 that it plans to go public as early as January 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. stocks strengthen, with the Nasdaq up 1% and the S&P 500 index up 0.59%
ChainCatcher Report: According to Gate Market Data, U.S. stocks are strengthening, with the Nasdaq Composite Index up 1% and the S&P 500 Index up 0.59%.
GateNewsBot15m ago
Breaking News》The Supreme Court rules that Trump's $175 billion tariffs are illegal! The White House announces contingency plans, Bitcoin hits $68,000
The U.S. Supreme Court ruled 6-3 that Trump's use of IEEPA to impose tariffs was illegal, affecting up to $175 billion. The market reaction was muted because Trump stated he would seek alternative solutions, although they cannot replicate the scope of IEEPA. The ruling has raised concerns about refunds and future tariff policies. Market sentiment is influenced by multiple factors and has not rebounded significantly.
動區BlockTempo24m ago
The euro against the US dollar has risen above 1.18, with an intraday increase of 0.23%.
ChainCatcher reports that, according to Gate market data, the Euro against the US Dollar (EUR/USD) has risen above 1.18, with an intraday increase of 0.23%.
GateNewsBot50m ago
Strategy Not at Risk of Liquidation as Average Bitcoin Price Falls 10%: Arkham - U.Today
Strategy Inc's Bitcoin holdings face scrutiny due to falling prices, yet the firm asserts its stability and ability to manage debt. Led by Michael Saylor, the company remains committed to Bitcoin, continuing purchases while exploring debt restructuring options.
UToday58m ago
VanEck launches Sui ETN on Deutsche Börse Xetra
Foresight News: Asset management firm VanEck officially launches a regulated Sui ETN on the German Deutsche Börse Xetra, with the stock code VESU. This product is a fully collateralized exchange-traded note, allowing European investors to gain direct exposure to SUI through compliant channels on the exchange.
GateNewsBot1h ago
