Strategy CEO Phong Le admits miscalculation behind STRC's 25% rout
Strategy CEO Phong Le said the company did not anticipate the amount of borrowed money flowing into STRC, causing a 25% price drop. Buybacks and a cash…
Strategy CEO Phong Le said the company did not anticipate the amount of borrowed money flowing into STRC, causing a 25% price drop. Buybacks and a cash…
Most companies that adopted bitcoin treasury strategies have lost money over 18 months, with some stocks down over 90%.
US household equity exposure hit a record 39.9% of net worth, widening the gap with housing to 20.6 points.
MSTR stock analysis shows a bullish breakout after a 17.5% weekly gain, with three potential pullback entry levels and a defined invalidation point.
Cantor Fitzgerald initiated coverage on Securitize with a $21.20 target, projecting 95% upside. The stock rose 24% Monday amid a broader tokenization rally.
European stocks opened mixed as oil prices rebounded and investors considered potential US-Iran talks, dampening Monday's rally.
Costco reports earnings Thursday, offering a real-time gauge of whether US consumers are weakening or becoming more value-conscious.
Meta shares surged 11% Monday after its Muse AI agent gained traction, reflecting investor appetite for frontier AI.
Fundstrat's Tom Lee predicts a 'face ripper' rally into month end, citing cooling oil, Treasury yields, Fed stance, and oversold conditions.
Goldman applies its HALO framework to European equities, highlighting a 40% MSCI Europe tilt toward heavy assets and a potential 50-60 bps German GDP boost.
Meta shares surged over 10% to near $735 as enthusiasm over new AI assistant Muse drove a breakout above key resistance levels.
European stocks close higher, yields fall; US tech leads gains; oil tumbles, Bitcoin rebounds.
Strategy bought 950 BTC after a two-week pause, spent $174M on STRC buybacks, and now holds 846,000 BTC.
Oil falls 2.5% as risk appetite returns; Bitcoin hits $84,777, its highest since January.
European stocks opened higher Monday as falling oil prices and rising US futures eased inflation concerns.