Peter Schiff says MicroStrategy has pulled its Stretch (STRC) preferred stock back toward its $100 par value. However, he argues the company has lost the issuance channel that funded its Bitcoin purchases. Even so, Strategy has kept adding Bitcoin, funding its latest purchase with proceeds from common stock sales.
In 1993, Nvidia gave an early advisor 25,000 stock options. He now says the company shorted him 9,375 of them, a slice worth about $1.05 billion today. Nvidia never called his paperwork fake, he says. It argued he was 30 years too late. A Houseboat Demo and a Letter From Jensen Huang The advisor is
While El Salvador remains one of the most closely watched countries for its Bitcoin strategy, the IMF agreement calls for less direct state involvement in crypto assets.
David Robinson, who oversaw safety reports for 12 of OpenAI’s frontier launches, has resigned. He says the company’s trial-and-error culture guarantees failures that grow as its systems get more capable. In an Atlantic essay, he urged AI labs to run like nuclear power plants, with layered redundancy and careful