Strategy update, Bo Hines, Binance, FTX, Fiserv, and Tokenized Stock (Crypto Series Part XLIII)
This is part 43 of the crypto series. Checking in on Strategy. Their stock is climbing as Bitcoin is bouncing back. Their Bitcoin stockpile is back to their previous level before some recently selling. Michael Saylor believes that Bitcoin will go over $100K in 2027. Bo Hines might be in some trouble, at the very least the optics are terrible. While Bo was in the White House working on crypto legislation, he owned a consulting company called Nxum that was receiving millions from Tether, who stood to benefit greatly from sign crypto legislation. After the legislation got through, Bo was…
The skinny
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