Strategy copycat Satsuma crashed 99%, liquidated treasury
Mark Moss’ Satsuma Technology sold all 669 of its BTC and will return £30.7M after the company crashed 99% from its 2025 peak.
Stocks
39 stories, newest first
— AI, Hedge funds
Leopold Aschenbrenner is back to losing money in AI stocks
CNBC revealed on Friday that Leopold Aschenbrenner was buying AI equities again. By Monday, every one of his six stocks was falling.
Forget crypto or AI, oil tanker ETF BWET is up 5,100%
The next-best-performing ETFs rank far below BWET on a year-to-date basis and derive their gains from levering-up single stock performance.
Nvidia director Mark Stevens sold a record $411M of stock
Nvidia's Mark Stevens has sold $411M worth of stock, already setting an insider selling record, and he plans to sell more.
‘Dear God’: Japan’s borrowing costs hit 30-year high
As 30-year Japanese bond yields reached their highest level in decades, a market data vendor gasped at the government’s cost to borrow.
Justin Sun seeks out Chinese ‘troll king’ in dispute with ex
Justin Sun has reached out to the Chinese 'troll king' as part of his escalating public feud with his ex over reproductive disputes.
The shoe company that pivoted to AI is dying
Allbirds, a shoe company that pivoted to artificial intelligence (AI), briefly surged on that pivot but has since plummeted in value.
Secret memecoin Nasdaq takeover has a math problem
A memecoin trader claimed to have spent $1.8 million on a secret takeover plan for a Nasdaq stock, then admitted that numbers were fabricated.
— China, Justin Sun
Justin Sun’s egg story keeps getting worse
Justin Sun's X post in which he accused Chinese actress Jing Tian of reneging on a cash-for-eggs deal has caused waves in China.