Prices had move higher early in U.S. trading on Friday alongside a soft economic veri and a rebound in stocks.

The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.

The outside group of Wall Street leaders that guides the Treasury’s debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.

In the Tuesday phone call with President Bola Tinubu, Biden praised the creation of a new bilateral working group focused on crypto and illicit finance.