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Bitcoin Slumps, But Strategy Isn't Buying. Here's Why.
Investor's Business Daily122d agobearish
Bitcoin Slumps, But Strategy Isn't Buying. Here's Why.

The bitcoin price slump continued on Thursday, even as the Nasdaq and gold rallied, while the U.S. dollar and Treasury yields fell. Bitcoin has been more vulnerable to a spell of weakness because ETF outflows haven't been countered by Strategy's on-again, off-again buying binge. There have been seven weeks this year during which Strategy bought more than $1 billion worth of bitcoin, including three weeks with buys over $2 billion.

Two Things SpaceX Just Admitted Ahead of Its IPO That Wall Street Doesn’t Want You to Read
24/7 Wall St.122d agoneutral
Two Things SpaceX Just Admitted Ahead of Its IPO That Wall Street Doesn’t Want You to Read

Every IPO prospectus has a risk factors section. Almost no one reads it. With SpaceX preparing to list on the NASDAQ, the document is hundreds of pages long, and the most interesting sentences are buried where retail investors rarely look. I’ve been reading space-economy filings for years now, and two admissions inside SpaceX’s pre-IPO disclosures ... Two Things SpaceX Just Admitted Ahead of Its IPO That Wall Street Doesn’t Want You to Read