[Coin World] Today, global bond yields surged, and Wall Street couldn't withstand it—both the S&P 500 and the Nasdaq 100 fell by 0.1%. Even worse is Bitcoin, which plummeted over 6%, with the price crashing to $85,000, dragging down a host of encryption-related stocks into the red.
The most heartbreaking has to be MicroStrategy. As a major corporate hoarder of coins, they just lowered their profit expectations for this year and announced the sale of stocks to raise $1.44 billion in reserves. The market directly voted with their feet—stock prices plummeted by 10%. This move really left investors baffled.
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PanicSeller69
· 7h ago
MSTR's move this time is truly brilliant—selling stocks when a drop is expected. How can investors not flee?
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DegenMcsleepless
· 12-01 20:44
Ah, MSTR's operation this time is really a suicidal move. Lowering expectations and still wanting to sell shares? Isn't this handing a knife to the short positions?
I've seen through BTC breaking 8.5. Once bond yields rise, these risk assets will have to kneel.
MicroStrategy has turned itself into a scamcoin concept stock, it's hilarious.
Wall Street's current wave of playing people for suckers has reached an artistic level.
Bonds are really appealing. Honestly, it's better to hoard T-bonds now than to hoard coins.
Large investors hoarding coins have turned into dumb buyers, it's quite a reversal.
At this pace... it feels like it's going to get even greener later on. Whoever dares to buy the dip is going to be in trouble.
Another example of standing guard at a high position, MSTR, you really are something.
With such killing yields, who still dares to go all in on encryption? You must have a strong mental fortitude to withstand account bankruptcy.
Saylor is going to cry. MSTR has gone from a corporate Bitcoin benchmark to a joke.
A plummet of 6 points is nothing, what’s scary is the possibility of more bad news coming.
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ChainWanderingPoet
· 12-01 20:42
Bond yields are really market killers, I truly don't understand MSTR's operation this time, cutting expectations and raising funds, it feels like a suicidal rescue?
BTC can't hold 85,000, it feels like it has to fall...
How did MSTR's fundamentals suddenly become so disappointing? Weren't they still bragging about the Coin Hoarding story?
What’s the point of raising 1.44 billion? This rhythm is honestly a bit alarming.
Is it really going to pull back to 60,000 this time? It feels like it’s not over...
Wall Street fell by 0.1%, the crypto world fell by 6%, we are always the most miserable ones.
MSTR shareholders should wake up, this is not rescuing the market, it's playing people for suckers.
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GasWaster
· 12-01 20:36
mstr really messed up this time, first dumping and then financing, no wonder it ended up so badly.
Bond yields soar, triggering a chain reaction: BTC falls below $85,000, MSTR big dump 10%
[Coin World] Today, global bond yields surged, and Wall Street couldn't withstand it—both the S&P 500 and the Nasdaq 100 fell by 0.1%. Even worse is Bitcoin, which plummeted over 6%, with the price crashing to $85,000, dragging down a host of encryption-related stocks into the red.
The most heartbreaking has to be MicroStrategy. As a major corporate hoarder of coins, they just lowered their profit expectations for this year and announced the sale of stocks to raise $1.44 billion in reserves. The market directly voted with their feet—stock prices plummeted by 10%. This move really left investors baffled.