TKO News & Events

Private company dealmaking stayed active this week, led by Joulent's $1.75B strategic investment from National Grid and a slate of sizable raises across energy infrastructure, enterprise software, AI development, geothermal power, and sports media.This week's private company news:Jeff Bezos' Blue Origin is raising outside capital for the first time, in a round valuing the rocket company at $130B, sources told.Some of the biggest capital raises by private companies this week include:Joulent– The technology-driven energy company developing multi-gigawatt power infrastructure to meet the accelerating demands of American industry and innovation said that National Grid has agreed to a $1.75B strategic minority investment in the company. Publicly-traded companies operating in the same space include NextEra, Constellation Energy, and GE Vernova.LeapXpert– The Governed Communication Intelligence company announced a $180M growth investment led by Riverwood Capital. Publicly-traded companies operating in the same space include Microsoft, Proofpoint, and Commvault.8090– The AI-native software factory founded by Chamath Palihapitiya raised $135M. The fundraise was led by Salesforce. Publicly-traded companies operating in the same space include ServiceNow, Palantir, and Atlassian.Quaise Energy– The developer of utility-scale superhot geothermal energy announced the first close of its Series B financing, raising $134M with additional equity and debt capital expected to close imminently. The round was led by Prelude Ventures, with strategic investments from JERA and Idemitsu, two of Japan's largest energy companies. Publicly-traded companies operating in the same space include Calpineand Ormat Technologies.The Premier Lacrosse League– The company announced the closing of a $100M Series E financing round led by Ares and Joe Tsai. Publicly-traded companies operating in the same space include Disney, TKO Group, and MSG Sports.Unicorns to watch this week:Anthropic– The company continues to be one of the most strategically important AI companies globally, with accelerating enterprise adoption. It has recently closed multibillion dollar funding cycle over the past year; expanding Claude enterprise deployments and model distillation partnerships. Publicly-traded companies operating in the same space include Alphabet, Microsoft, and Amazon.Rippling– The company continues to disrupt legacy HR/payroll stacks with unified workflows. Publicly-traded companies operating in the same space include Workday, Paycom, and ADP.Anduril Industries– The autonomous defense systems, AI-powered surveillance, and drone tech company continues to be one of the fastest growing defense unicorns, reshaping procurement with software first systems. It has recently won multiple Department of War contracts, with expanding Lattice OS deployments across U.S. and allied defense programs. Publicly-traded companies operating in the same space include RTX, Northrop Grumman, and Lockheed Martin.Databricks– The software company focused on data analytics and AI continues to be a core player in enterprise AI infrastructure and a likely future IPO candidate. Publicly-traded companies operating in the same space include Snowflake, MongoDB, and Palantir.Redwood Materials– The company is positioned at the center of U.S. battery materials reshoring and EV sustainability, and it has recently secured major supply agreements with automotive OEMs and is expanding Nevada and South Carolina facilities. Publicly-traded companies operating in the same space include Li-Cycle, Albemarle, and Tesla.IPOs to watch:Jersey Mike's Subs– The company has filed an initial public offering of shares of Class A common stock. Morgan Stanley, Jefferies, and J.P. Morgan are acting as global coordinators and joint bookrunning managers for the offering.Kardigan– The company has filed an initial public offering of shares of its common stock. JP Morgan, Jefferies, Leerink Partners, and TD Cowen are acting as the underwriters for the offering.Inspire Brands – The company announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. Inspire Brands expects to use the net proceeds of the proposed offering to repay outstanding indebtedness under its existing term loan facility and pay offering fees and expenses.Tarsier Pharma Ltd.– The company filed for an initial public offering of its ordinary shares. The prospectus stated, "Tarsier Pharma is developing TRS01 and TRS02, novel product candidates based on dazdotuftide, a new molecule with a new mechanism of action for uveitis and uveitic glaucoma. We are attempting to address a significant, underserved market opportunity and have engaged closely with the FDA on our clinical development strategy, including a Special Protocol Assessment agreement for our planned pivotal trial... Although we are still early in this journey, I believe we have the technology, the team, the discipline, and the persistence required to build an enduring company.""Private Markets" is The Fly's recurring series of stories on the latest moves in the private sector, largest unicorn companies and initial public offerings to watch. Fly subscribers, add $PRIVATE to your portfolio for alerts on breaking news in the startup and venture capital space.

Following Paramount+'s (PSKY) recent announcement that UFC Freedom 250 reached 17M total viewers on the platform across the U.S. and Latin America, UFC (TKO) announced that viewership in additional countries, including Australia, China, India, South Korea, New Zealand, and the U.K., has doubled the reported audience and increased total global viewership to an estimated 34M people.

Bitcoin surges above $65,000 as a U.S. agreement to reopen the Strait of Hormuz sparks a broad risk rally, lifting crypto-linked equities. Meanwhile, Strategy discloses 846,842 bitcoin after a $100M weekly buy and Bitmine's preferred shares begin NYSE trading Tuesday. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.HORMUZ DEAL IGNITES CRYPTO RALLY:Bitcoinclimbed to its highest level in nearly two weeks after the U.S. and Iran reached an agreement to reopen the Strait of Hormuz,. The move carried bitcoin above $65,000 on Monday morning, with equities like Coinbase, Strategy, and Robinhoodmoving in tandem.framed the move as part of a global risk-on relief rally, with oil falling simultaneously as bitcoin climbed roughly 3%. A formal signing is expected Friday following a 60-day negotiation phase,.STRATEGY WEEKLY BTC DISCLOSURE:, Strategy revealed that between June 8 and June 14 it acquired 1,587 bitcoin for approximately $100M at an average cost of $63,024 per bitcoin, funded through the sale of 1.73M MSTR Class A shares under its ATM program for $209M in net proceeds. Cumulative holdings now stand at 846,842 bitcoin at an aggregate cost of $64.07B, average cost basis $75,656 per bitcoin, with a $1.1B USD reserve as of June 14.BITMINE PREFERRED BEGINS TRADING TOMORROW:Bitmine Immersion Technologiesdisclosed, that as of June 14 it holds 5,620,754 ether, representing 4.66% of total ether supply, with 4,718,677 tokens staked through MAVAN, or Made in America Validator Network, at a projected $226M in annualized staking revenues. Total holdings including 204 bitcoin, equity stakes in Beast Industries and Eightco Holdings, and $502M in cash reach $10.4B combined, down from $11.6B the prior week on lower ether prices. Its 9.50% Series A Perpetual Preferred Stock, symbol BMNP, begins NYSE trading on June 16.Strivethe purchase of 73 bitcoin between June 8 and June 14 at an average of approximately $63,646 per bitcoin, bringing total holdings to 19,105 bitcoin, with cash and equivalents at $141.4M.MINER REBRANDS AS AI DATA CENTER:AIB, formerly BlockchAIn Digital Infrastructure, will rebrand to AIB Data Centers, effective June 25, reflecting a strategic pivot toward AI and high-performance computing workloads,.UFC STABLECOIN DEAL AND PATENT NOTES:TKO Group Holdingsand its UFC property named World Liberty Financialan official partner of UFC Freedom 250, funding a $250,000 Performance of the Night bonus pool paid in USD1stablecoin, a company press release. Dogecoin Cash filed a U.S. utility patent with the USPTO covering blockchain infrastructure for sub-5-second transaction confirmations and simplified dApp deployment on the Dogecoin network,. HUI commenced continuous trading on the Vienna Stock Exchange with a market maker and disclosed an impending token listing on a major global exchange,.PRICE ACTION:As of time of writing, bitcoin was trading at $66,661.15, while ether was trading at $1,818.05,.