TSBJ Update
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Strategy to issue new perpetual preferred shares to address stock volatility
Strategy CEO Phong Le announced that the company will issue more perpetual preferred shares, called “Stretch,” to mitigate investor concerns about stock price volatility linked to cryptocurrency market swings. This new product offers an 11.25% […]
Bitcoin hits $64K, triggering $508M in liquidations
Bitcoin’s rise to $64,000 resulted in $508 million in liquidations over the past 24 hours, affecting traders heavily invested in leveraged positions. Such price volatility often signals shifts in market sentiment, as traders react to […]
Kalshi traders predict Bitcoin could drop to $48K this year
Kalshi traders are wagering that Bitcoin’s price could drop to $48,000 this year, reflecting a bearish sentiment in the market amid ongoing volatility. This development is in line with Kalshi’s role as a federally approved […]