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Tom Lee Loves Ethereum, But Is Solana Quietly Taking Over? This Expert Says SOL Will 'Outperform' ETH — Here's More
Tuesday, July 8, 2025 - 8:05am | 905As the CIO of Fundstrat Capital, Tom Lee doubles down on Ethereum (CRYPTO: ETH); however, Fred Krueger challenges this Ethereum-centric narrative, noting Solana's (CRYPTO: SOL) “rising dominance.” What Happened: A crypto enthusiast and investor at 2718.fund, a venture capital firm...
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Peter Schiff Says Michael Saylor-Led Strategy's Convertible Debt Offerings 'Aren't Going Well' As Stock Falls Despite Bitcoin's Gain
Wednesday, February 19, 2025 - 11:55pm | 780Influential economist and market commentator Peter Schiff expressed concerns over Strategy Inc.‘s (NASDAQ:MSTR) convertible debt offerings on Wednesday, hinting at potential financial troubles for the Bitcoin (CRYPTO: BTC) treasury company. What Happened: Schiff took to X to highlight the 4.5...
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Michael Saylor's MicroStrategy Faces Risk If MSTR's 0% Convertible Bond Lenders Recall Non-Recourse Loans Due To Covenant Breach: Here's What It Means For Investors
Monday, January 13, 2025 - 6:05am | 514Bitcoin‘s (CRYPTO: BTC) levered play MicroStrategy Inc (NASDAQ:MSTR) could face the risk of redemption on its 0% convertible debt upon the occurrence of unforeseen events breaching the covenants governing these notes despite the bonds being an unsecured, senior obligation. What Happened:...
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Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy's Michael Saylor: 'BTC Doesn't Generate Any Income' (CORRECTED)
Wednesday, December 18, 2024 - 3:56pm | 735Editor's Note: The spelling of Michael Saylor’s name has been corrected in the headline. Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to...
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MSTR Stock Rises Nearly 2% In Pre Market As Michael Saylor Counters Critics Who Label MicroStrategy's Bitcoin Play Ponzi Scheme: 'That's Why Your Buildings Are So Tall In New York City'
Tuesday, December 17, 2024 - 5:39am | 574MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor responded on Monday to critics who call the firm's Bitcoin (CRYPTO: BTC) acquisition strategy a Ponzi scheme, equating it to Manhattan's real estate industry. What happened: During a CNBC interview, Saylor was asked his views on the...
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Peter Schiff Calls MicroStrategy A 'Great Short' And Issues A Grim Warning: 'It Can Only End In Bankruptcy'
Thursday, November 28, 2024 - 11:00pm | 674Influential economist and market strategist Peter Schiff said shorting MicroStrategy Inc.’s (NASDAQ:MSTR) stock was a good idea, as he predicted potential bankruptcy for the company. What Happened: During an interview with Kitco News that aired Thursday, Schiff called MicroStrategy...
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Canopy Growth Announces Financing Deal Including Roughly $50M Of New Gross Proceeds
Friday, May 3, 2024 - 9:31am | 630Canopy Growth Corporation (TSX:WEED) (NASDAQ: CGC) has entered into an exchange and subscription agreement with a single institutional investor under which the Ontario-based company is expected to receive gross proceeds of roughly $50 million and exchange approximately CA$27.5 million ($20 million...