Bitcoin Gains as Robinhood Lists STRC Stocks
@Robinhood lists four preferred stocks from @MicroStrategy, including STRC, allowing retail investors to access bitcoin-linked products without diluting common stock holders. #Update #Crypto $STRC
@Robinhood lists four preferred stocks from @MicroStrategy, including STRC, allowing retail investors to access bitcoin-linked products without diluting common stock holders. #Update #Crypto $STRC
@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
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) ↘
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) ↗
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) ↗
@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