Recession Investment: Burry’s Lipstick Bet
Michael Burry sold major holdings in Q1 to focus on @EsteeLauder, anticipating a recession as makeup purchases rise during downturns. #Update #Economy (+3) ↗
Michael Burry sold major holdings in Q1 to focus on @EsteeLauder, anticipating a recession as makeup purchases rise during downturns. #Update #Economy (+3) ↗
Billionaire Stanley Druckenmiller’s Duquesne Family Office invests over $1 billion in @NateraInc, @TevaPharm, and @Coupang, representing 33% of its portfolio as of Q1 2025. #Update #Investments (+6) ↗
@Strategy is set to raise $2.1 billion via STRF shares for Bitcoin investments, with a 10% annual rate on perpetual preferred shares. #Breaking #Crypto $BTC (+8) ↗
@NirvanaLabs announced a $6 million seed extension co-led by Crucible Capital and Jump Crypto, raising total funding to $11.8 million for Web3 infrastructure development. #Update #Crypto (+3) ↗
Arthur Hayes of @BitMEX urges crypto investment amid US-China trade agreement, with $XRP, $TRX, and $DOGE seeing gains as tariffs drop 115% for 90 days. #Update #Crypto $DOGE (+6) ↗
@NakamotoHoldings merges with KindlyMD, securing $710M to invest in $BTC, aiming to form a public Bitcoin-investing network. #Breaking #Crypto $BTC (+9) ↗
David Bailey, Trump’s 2024 campaign advisor, launches @Nakamoto with $300M to focus on Bitcoin investments and global expansion into Brazil, Thailand, and South Africa. #Breaking #Crypto $BTC (+8) ↗
@JanoverInc raises $42M via convertible notes with @PanteraCapital, @krakenfx, and Arrington Capital to invest in $SOL ecosystem. #Breaking #Crypto $SOL (+9) ↗
@HaunVentures plans to raise $1 billion for two cryptocurrency funds, focusing on early and late-stage investments, with completion expected by June 2024. #Update #Crypto (+6) ↗
@Binance limits employee crypto investments to $5,000 annually, exempting those involved in new asset listings, marking a shift from previous time-based restrictions. #Update #Crypto (+3) →
Many companies, including @MicroStrategy, are heavily investing in $BTC, but Bloomberg warns smaller firms of financial risks and limited gains. #Update #Crypto $BTC (-3) ↘
@WisconsinInvestmentBoard increased its bitcoin holdings to $321M, reflecting institutional confidence in $BTC as an inflation hedge and diversification tool. #Breaking #Crypto $BTC (+8) ↗ (Source: Hodl.Press)
A trader turned $5,000 into $12M with $CAR, a meme coin launched by the Central African Republic’s president, highlighting crypto volatility. #Update #Crypto $CAR (+7) ↗ (Source: Hodl.Press)
@TrumpMediaTech launches Truth.Fi, a fintech brand focusing on crypto investments with up to $250M allocated for Bitcoin and related securities. This move diversifies their $700M portfolio, though skepticism surrounds the TRUMP token’s long-term value. #Update #Crypto $TRUMP (→ 0)