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.
For months, investors and traders digested various rumors surrounding the possibility of Sodastream International Ltd (NASDAQ: SODA) being acquired by a larger peer like PepsiCo, Inc. (NYSE: PEP).
On Friday morning, industry newsletter Beverage Digest hinted that Sodastream will begin testing co-branded products with Pepsi beginning in Florida. The two companies may collaborate on various in-home dispenser platforms that could rival Keurig Green Mountain's already announced Cold machine that will feature Coca-Cola branded products.
A Pepsi spokesperson confirmed to Bloomberg in an e-mail that it is currently working with Sodastream to test various products.
While no acquisition talks are underway between Pepsi and SodaStream, the move is a welcome development as shares of Sodastream spiked higher by more than 17 percent at $24.89. Shares of Pepsi were trading higher by 1 percent at the same time.
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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