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News Summary
The company announced a major expansion into prediction markets through a joint venture with Susquehanna International Group, acquiring control of LedgerX, a regulated crypto derivatives exchange. This strategic move sparked a significant stock surge, with shares climbing nearly 11% in a single session and extending a winning streak to four consecutive days. The bold push into new markets and rapid global expansion has generated debate about its lofty valuation, with some questioning if the growth story justifies the high price.