Bitcoin Strategy Snubbed as Robinhood Surges
@MicroStrategy’s strategy missed S&P 500 inclusion despite strong quarterly performance; stock fell nearly 3%. In contrast, @Robinhood was added, boosting its shares by 7%. #Update #Crypto $MSTR $HOOD
MSTR
Crypto Giants Snubbed by S&P Global
VanEck’s Matthew Sigel claims S&P Global excluded crypto firms like @coinbase, @MicroStrategy, and @RobinhoodApp from the S&P 500 update despite meeting criteria, citing business model concerns. #Update #Crypto $COIN (-3) ↘
Bitcoin Purchase Considered by Gamestop
DailyHodl: @GameStop is exploring adding $BTC and other altcoins to its balance sheet, per CNBC. Shares rose 5.5% after CEO Ryan Cohen’s post with Michael Saylor. #Update #Crypto $BTC (+4) ↗
Bitcoin Acquisition: MicroStrategy’s $563M Stock Offering
DailyHodl: @MicroStrategy announces a $563.4M stock offering to fund more $BTC acquisitions, with shares priced at $80 each and an 8% dividend rate #Update #Crypto $BTC (+6) ↗
Crypto Boom Microstrategy Stock Plummets 36
@Microstrategy acquired 2,138 $BTC, yet its stock is down 36% from its peak, challenging the firm’s crypto strategy since 2020. #Update #Crypto @Microstrategy ↘ -3
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