BREAKING: Bitcoin falls below $64,000, now down -$9,000 today, as selling pressure accelerates
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‼BREAKING: Bitcoin PLUNGES $9,343 in a single day!
The biggest daily fall since FTX collapsed in November, 2022, more than 3 years ago.
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The biggest daily fall since FTX collapsed in November, 2022, more than 3 years ago.
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Michael Saylor has $8bn in outstanding debt
He diluted MSTR so hard that its impossible for these converts to "convert" into shares thus wiping the debt
Therefore, his bond holders will have to be paid in CASH
At current BTC prices he has to liquidate ~140k BTC
If BTC were to drop to $40k he would have to sell over 200k BTC
This doesn't account for slippage btw
This also doesn't account for other player's debt in the space (GME, Metaplanet, NAKA)
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He diluted MSTR so hard that its impossible for these converts to "convert" into shares thus wiping the debt
Therefore, his bond holders will have to be paid in CASH
At current BTC prices he has to liquidate ~140k BTC
If BTC were to drop to $40k he would have to sell over 200k BTC
This doesn't account for slippage btw
This also doesn't account for other player's debt in the space (GME, Metaplanet, NAKA)
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BREAKING: Amazon stock, $AMZN, falls -10% after reporting Q4 2025 earnings.
It's now down -15% on the day including its regular hours move.
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It's now down -15% on the day including its regular hours move.
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$2BILLION LEVERAGE PURGE: NEARLY $500M WIPED OUT IN THE PAST HOUR
Crypto liquidations hit $1.95B in the last 24 hours, with $500M erased in just the past hour.
The brutal deleveraging came from $1.7B in long liquidations, against $213M from shorts.
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Crypto liquidations hit $1.95B in the last 24 hours, with $500M erased in just the past hour.
The brutal deleveraging came from $1.7B in long liquidations, against $213M from shorts.
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