Michael Saylor doubled down on his Bitcoin conviction today, but while he did that, his MicroStrategy CEO, Phong Le, sold roughly $11.1 …
shares
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Finance
Tom Lee’s Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
by shayaanby shayaanIn brief BitMine raised ~$274 million by selling 3.5 million shares of preferred stock at $80/share, less fees. Proceeds will fund Ethereum …
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Smart Contracts
Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K
by shayaanby shayaanIn short Shares of Strategy tumbled to a four-month low on Friday, and key preferred stocks fell again. Benchmark-StoneX analyst Mark Palmer …
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Regulation
Wise shares tumble as Belgian prosecutors investigate money laundering concerns
by shayaanby shayaanBelgian prosecutors have opened an investigation into Wise’s accounts over possible money laundering tied to fraud, drug trafficking, and corruption. The news …
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Finance
IREN shares jumps on $1.6 billion Dell deal to expand AI cloud business
by shayaanby shayaanIREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell …
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Finance
A 30-Year Veteran Analyst Shares What Needs to Happen for a Major Bitcoin Rally This Summer
by shayaanby shayaanVeteran investor Jordi Visser, a guest on Anthony Pompliano’s program, assessed recent developments in the global economy and offered critical warnings and …
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Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily …
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Mining
Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners
by shayaanby shayaanIn brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net loss of $88.7 million. To secure “survivability,” the …
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HIVE Digital Technologies (HIVE) shares climbed as much as 40% Monday after the bitcoin mining firm said it spent $58 million buying …
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DeFi
Pendle Deepens Strategy Stake, Holds 2.45 Million STRC Shares in Non-Custodial Market
by shayaanby shayaanPendle, a decentralized finance (DeFi) protocol specializing in yield tokenization, has announced a significant position in Strategy’s perpetual preferred stock, STRC. According …