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Markets, read from the Indian Ocean

55 dispatches on the Markets beat — filed from Malé, Colombo and Bangkok by the NewsMV markets desk.

55 stories · Sorted newest first · Latest filed 17 June 2026

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Markets · OutlookColombo

Bitmine Immersion Technologies Holds 5.62 Million ETH as Total Crypto and Liquidity Stack Reaches $10.4 Billion

Bitmine Immersion Technologies (BMNR) has disclosed that its $ETH position stands at 5.62 million tokens, equal to 4.66% of Ethereum's total supply of 120.7 million coins. The company's combined cryptocurrency and…

NP
Nuwan Perera
3 min read
Markets · OutlookMalé

What Is a Leveraged ETF? How They Work and the Risks

A leveraged ETF is an exchange-traded fund built to multiply the daily move of an underlying asset, in either direction. The category drew fresh attention after SpaceX completed the [largest initial public offering in…

MN
Mohamed Naseem
3 min read
Markets · OutlookMalé

Tachyon9's $2.34B Yotta Pact Is Real Revenue and a Long Bridge: Reading the 100 MW Phase Without the 1 GW Hype

Tachyon9 Corporation says it has signed a binding 15-year memorandum of understanding with Nidar Infrastructure, the parent and majority shareholder of India's Yotta Data Services, to anchor the first 100 MW phase of…

MN
Mohamed Naseem
4 min read
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