Benzinga and Yahoo Finance LLC may earn commission or income on some items through the links below. Veteran short seller Jim Chanos slammed Strategy Inc. (NASDAQ: MSTR ) for announcing the stability of its perpetual preferred shares on Wednesday, even as its flagship stock continues to get hammered. Chanos reacted to a Bloomberg interview where … Read more
Michael Saylor isn’t backing down from his Bitcoin (BTCUSD) bet, even after the crypto briefly dipped below $62,000 last week and as Strategy (MSTR) faces mounting paper losses. A video from May 2025 has gone viral again after Bitcoin lost half its value from its peak in October above $126,000. In the video, Saylor makes … Read more
Every time Jim Cramer writes something on the markets, I’m curious to read it regardless of how much criticism he faces. A well-known figure on Wall Street, Cramer is a former hedge fund manager who now hosts “Mad Money” and “Squawk on the Street” on CNBC. No matter how much he is attacked for his … Read more
“This is absolutely INSANE.” While the comment came from a social media post, the painful knee-jerk reaction is likely to reverberate across the board for anyone even remotely interested in crypto, as bitcoin just dropped to nearly $77,000 on Saturday and has held there ever since. The price of the biggest digital asset didn’t just … Read more