Strategy CEO Admits Leverage Was the Reason His Company’s Stock Plunged
A strategy firm confesses its stock fell because investors borrowed cheap Bitcoin to buy it, then panicked when the coin crashed.
CLAY TRIBUNE / THE ARCHIVE
Tag: Leverage
Crypto Exchange That Invented 100x Leverage Is Dead: BitMEX Shuts Down, Leaving Users a Bill
BitMEX, the exchange that invented the perpetual swap, shut down Wednesday. Users face a 1% annual fee on remaining balances.
Kalshi Asks CFTC to Let It Borrow Wall Street’s Leverage Model for Prediction Markets
Kalshi asks the CFTC for approval to let users buy prediction contracts with borrowed funds, a move that could reshape the betting industry.
SKHQ Stock Crashes 5% as Investors Weigh Short ETF Risk Against the Semiconductor Giant
A brief look at the Leverage Shares 2X Short SK Hynix Daily ETF, a tool for those who would bet against the Korean memory giant.
TV Reviews7.6/10
Nate’s Team of Criminals Steal From the Rich to Give to the Poor in Leverage
A tale of thieves, hackers, and grifters who fight corporate injustice, reviewed herein.