Strategy stock is bleeding, but Saylor ‘won’t back down’ from Bitcoin bet
Microstrategy shares plunged as market pressure hits, but CEO Michael Saylor insists he ‘won’t back down’ on Bitcoin, defending the long-term bet amid investor concern.
stock decline
Brazilian Firm Meliuz’s Shares Fall After Planning to Raise $32.4M to Buy Bitcoin
Brazilian fintech firm Méliuz has announced plans to raise $32.4 million through an equity offering to invest in Bitcoin. This strategic shift has sparked investor concerns, causing the company’s shares to experience a notable decline.
Why Lumen Technologies Stock Is Sinking Today
Lumen Technologies stock is experiencing a notable decline today, primarily due to disappointing quarterly earnings results that fell short of analyst expectations. Investors are also reacting to concerns over increased competition and rising operational costs.