StockNews.AI
ACTG
StockNews.AI
13 days

Acacia Research Corporation Partners with Unchained and Build Asset Management for a Bitcoin-Backed Commercial Loan Strategy

1. Acacia partners with Unchained and Build to purchase Bitcoin-collateralized loans. 2. This strategic move indicates Acacia's expansion into the financial sector and cryptocurrency.

2m saved
Insight
Article

FAQ

Why Bullish?

Acacia's entry into the Bitcoin finance sector may enhance its growth potential. Companies successfully integrating Bitcoin have historically seen stock price increases.

How important is it?

The collaboration with Unchained and Build highlights strategic growth and diversification, likely drawing investor interest.

Why Long Term?

This partnership suggests a foundational shift that could positively impact ACTG's valuation over time, similar to firms that embraced blockchain early on.

Related Companies

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”), which acquires and operates businesses across the industrial, energy and technology sectors, today announced it has partnered with Unchained Capital, a leader in financial services tailored for Bitcoin holders (“Unchained”), and Build Asset Management, an investment adviser focused on the Bitcoin space (“Build”), to purchase commercial whole loans collateralized by Bitcoin (the “Loans”). The Loans will be originat.

Related News