Wall Street is dumping stocks of companies like Trump Media and GameStop

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical – DG Verifications & Stats

LAS VEGAS — The bitcoin treasury play that lifted Strategy’s market cap past $80 billion is now being mimicked by meme stock companies, media firms, and multinational conglomerates. But Wall Street isn’t buying all the hype. This week, Trump Media announced plans to raise $2.5 billion to buy bitcoin, and GameStop revealed a $500 million allocation. Meanwhile, Tether, SoftBank, and Strike’s Jack Mallers unveiled Twenty One, a bitcoin-native publi…

Saylor bitcoin buying strategy 'exploding,' but Wall Street skeptical

LAS VEGAS — The bitcoin treasury play that lifted Strategy’s market cap past $80 billion is now being mimicked by meme stock companies, media firms, and multinational conglomerates. But Wall Street isn’t buying all the hype. This week, Trump Media announced plans to raise $2.5 billion to buy bitcoin, and GameStop revealed a $500 million allocation. Meanwhile, Tether, SoftBank, and Strike’s Jack Mallers unveiled Twenty One, a bitcoin-native publi…

Wall Street is dumping stocks of companies like Trump Media and GameStop

Michael Saylor’s all-in Bitcoin plan turned Strategy into a market beast. The company’s value exploded past $80 billion. They’ve stacked more than $60 billion worth of Bitcoin. Yet somehow, Wall Street is still side-eyeing anyone else who tries to do the same thing. This week alone, a wave of firms...

Saylor's Populist Appeal \ stacker news ~mostly_harmless

I'm not here to say whether Michael Saylor is good or bad for Bitcoin, but to comment on the genius in his way of communicating. I did watch his speech at this year's Bitcoin Magazine conference, and I believe it was one of his better ones. Often, he comes off like a cult leader in his religiosity. In this speech, I didn't find that to be the case. In fact, I felt he was at his best. The reason I am writing about Saylor here is that I believe th…