In short Benchmark analyst Mark Palmer increased the target price from MSTR to $ 705, based on a projection that Bitcoin will …
stock
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Regulation
’Honest Act’ Advances; White House Singles Out Pelosi in Push to Bar Lawmaker Stock Trades
by shayaanby shayaanPresident Donald Trump has voiced strong support for banning members of Congress and their spouses from trading stocks. The White House emphasized …
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Markets
Why Michael Saylor Calls Strategy's STRC Preferred Stock His Firm's 'iPhone Moment'
by shayaanby shayaanStrategy (MSTR), the bitcoin-focused corporate entity formerly known as MicroStrategy, launched its Perpetual Stretch Preferred Stock (STRC) late last month — an …
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Coinbase (NASDAQ: COIN) reported a sharp drop in quarterly profit on Thursday, July 31, that sent shares tumbling, with the crypto exchange …
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Scams
Why Analysts Aren’t Worried by Coinbase’s Stock Dive After Earnings Miss
by shayaanby shayaanIn brief Coinbase’s stock fell 17% on Friday, the day after the crypto exchange reported its second-quarter earnings. Analysts say the trading …
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In brief Japanese investment firm Metaplanet has filed to raise $3.7 billion through preferred shares to fund Bitcoin purchases toward 210,000 BTC …
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Scams
Michael Saylor Touts Bitcoin-Tied Preferred Stock as ‘High-Yield’ Option for Retirees
by shayaanby shayaanIn brief Michael Saylor is marketing Strategy’s Bitcoin-backed preferred stock STRC to retirees, offering 9.5% yields versus 0.1-4% from traditional savings accounts. …
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Markets
Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
by shayaanby shayaanStrategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of BTC using …
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Analysis
Goldman Sachs Warns of Froth in US Equities Amid Meme Stock Mania, Says Now’s the Time To Get Defensive
by shayaanby shayaanKunal Shah, Goldman Sachs International’s co-CEO and the global co-head of the fixed income, currency, and commodities business, is issuing a warning …
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Metaplanet’s stock price has crashed into a bear market this month, falling by nearly 40% from its highest point this year. Summary …