American Bitcoin Stock Plunges Despite Crypto Market Recovery
American Bitcoin shares tumble 37% on heavy trading volume despite Bitcoin's rebound, erasing billions in market value for the Trump-backed mining company.
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Coinbase Downgraded to Hold as Valuation Concerns Rise
Argus downgrades Coinbase to Hold, citing high valuation, slower expected growth, and rising expenses. Shares fall over 3% as the firm trims long-term earnings forecasts.
Michael Saylor Doubles Down: Strategy Boosts Bitcoin Funding Amid Investor Doubts
Michael Saylor’s Strategy raises the yield on preferred shares to 10.5% to attract investors and fund more Bitcoin buys, even as its stock premium and demand show signs of strain.