Short-seller Jim Chanos has closed his MicroStrategy short position after shares plunged 50% from their peak, citing the disappearance of the premium over its Bitcoin holdings.
#YonhapInfomax #JimChanos #MicroStrategy #ShortSelling #BitcoinHoldings #MarketImpliedNetAssetValue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90206
Short-seller Jim Chanos has closed his MicroStrategy short position after shares plunged 50% from their peak, citing the disappearance of the premium over its Bitcoin holdings.
#YonhapInfomax #JimChanos #MicroStrategy #ShortSelling #BitcoinHoldings #MarketImpliedNetAssetValue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90206
The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.
#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.
Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.
#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html
The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.
#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.
Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.
#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html