Key highlights: SPCX is set to become a component of the Nasdaq-100 index There are concerns that the move could trigger a stock price decline for SPCX SPCX is ineligible to join the S&P 500 after a rule change failed to pass Investors brace for SpaceX’s entry into the Nasdaq 100 SpaceX will join the […]
Tag: MSTR
Key highlights: Strategy sold 3,588 BTC for almost $216 million between June 29 and July 5 The company now holds 843,775 Bitcoin worth billions of dollars Proceeds will be used to fund preferred stock dividends and rebuild cash reserves Michael Saylor’s Strategy has made yet another Bitcoin sale, unloading thousands of coins in a single […]
Key highlights: JPMorgan says that Strategy’s Bitcoin sales could be detrimental to the crypto market Analysts added that bigger cash reserves could stop the need for more BTC sales The firm owns about 4.2% of Bitcoin’s total supply, making its actions highly influential JPMorgan experts have issued their latest warning concerning the crypto market. Strategy […]