US futures, GameStop, falling yen - what's moving markets

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Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin

March 28, 2024 9:50 AM EDT

Kerrisdale Capital said Thursday that it is short shares of Microstrategy, Inc. (NASDAQ: MSTR), despite also being long Bitcoin.

The firm has revealed that it is long on bitcoin and short on shares of MicroStrategy, citing the unjustifiable premium at which the... More

US judge says SEC suit against Coinbase (COIN) can go ahead

March 27, 2024 10:24 AM EDT

On Wednesday, a U.S. judge allowed the Securities and Exchange Commission's (SEC) lawsuit against Coinbase (NASDAQ: COIN) to proceed, dismissing only one of the agency's claims against the largest cryptocurrency exchange in the country.

The Securities and Exchange Commission's lawsuit alleging Coinbase's... More