McDonald's just crashed below $230 for the first time in more than 4 years. $MCD is now down 32% in the last 7 months, and this week marks its 9th straight weekly decline, the longest losing streak in over 20 years.
Japan's Metaplanet buys 1,000 Bitcoin worth $86M. Total holdings increased to 44,000 BTC, worth $3.78B. Company sold 10,000 BTC and bought it back to prove liquidity.
Strategy likely surpassed 850,000 Bitcoin held over the past week! At $100K BTC, Strategy's reserves will hit an $85B+ valuation. That would exceed the market caps of Lloyds, Barclays, and NYSE owner ICE.
$310M U.K.-listed Bitcoin Reserve company to launch the first preferred shares backed by BTC. 'The Smarter Web Company' plans to raise at least $20M and offer 12% yield paid weekly. The BTC strategy is accelerating globally!
INSIGHT: Bitcoin has risen 35% from its August low while BTC-denominated open interest has fallen nearly 20% to its lowest level since March, according to Glassnode.
If Michael Burry had invested the $100 million he made from the Big Short into the Nasdaq Composite in 2009, it would be worth roughly $1.72 billion today. That's $1.42 billion more than his actual net worth today.
Bitcoin FOMO hit its highest level since 2024 as BTC neared $87,000, wiping out $648 million in bearish positions while crypto trading volume jumped 39%.
SNDK is up nearly 11% today as investors position ahead of its listing on S&P 100 on September 21. SanDisk surged over 4,000% since its IPO in early 2025.
Barclays raises Michael Saylor's Strategy target price to $160 from $125, maintains BUY. Upside capped by unrealized Bitcoin losses and modest software business revenue.
HUGE: BlackRock has bought $1.08 BILLION of Bitcoin over the past 20 days through its IBIT ETF.Inflows came on 7 of those 20 days, while Grayscale's GBTC net sold $254.7 MILLION in the same period, per Arkham.
Michael Burry says the last real hedge funds left are now building positions specifically to take on Treasury Secretary Scott Bessent's bet on the yen.