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Volcon’s $375 million Bitcoin stash comes with an unusual twist: it was purchased near peak prices. But instead of hedging, the firm’s leaning in, tightening equity and writing puts to increase exposure as it goes full Bitcoin on the balance sheet. Summary Volcon, now Empery Digital, revealed a $375M Bitcoin position acquired near ATHs at … Read more
American investor Steve Weiss has further reduced his Bitcoin exposure due to the asset’s range-bound price movement. Speaking as a contributor on CNBC’s “Halftime Report,” Weiss revealed another round of profit-taking from his Bitcoin (BTC) position via BlackRock’s spot exchange-traded fund, as financial markets navigate macro-driven volatility. Weiss, founder and managing partner of Short Hills … Read more
South Korea’s finance ministry sees the economy now growing 1.8% in 2025, down from a 2.6% forecast made in July. Read More
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