Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Software maker Datto Holding Corp (NYSE:MSP) weighed strategic options, including a potential sale after receiving takeover interest from PE firms, Bloomberg reports.
- Customers of Datto include small to midsize companies that buy its software for security, data recovery, and cloud backup.
- Vista Equity Partners owned 69% of Datto’s shares as of December 31.
- Datto reported revenue of $164.3 million in the fourth quarter of FY21, up 18% year-on-year, beating the consensus of $162.4 million. Subscription revenue rose 19% Y/Y to $153.2 million.
- Datto sees Q1 revenue of $168 million - $169 million below the consensus of $169.24 million, FY22 revenue of $720 million - $726 million against the consensus of $722.38 million.
- Price Action: MSP shares traded higher by 9.63% at $25.62 on the last check Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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