The News Roundup
View More NewsStrategy (MSTR) has unveiled a $42 billion at the market (ATM), equity program, split between $21 billion of Class A common stock (MSTR) and $21 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing.The company also introduced a new $2.1 billion ATM for its STRK preferred stock, replacing a prior STRK program that had more than $20 billion remaining. The company expanded its sales syndicate. Strategy added Moelis & Company, A.G.P./Alliance Global Partners, and StoneX Financial, bringing the total number of agents to 19. These firms act as intermediaries, selling shares…
In 2022, Democratic New York Gov. Kathy Hochul urged Republicans to leave the state and move to Florida. Lots of people took her advice, and not all of them the people she wanted to expel. Earlier this month, she was reduced to begging “high-net-worth” former state residents to move back and pay the expensive tax tab to fund her state’s spending choices. It’s a rare and glorious sight when politicians shoo those who dislike their policies out the door only to subsequently beg them to return. You are reading The Rattler from J.D. Tuccille and Reason. Get more of J.D.’s…
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From Hara v. Netflix, Inc., correctly decided by the California Court of Appeal (Justice Lamar Baker, joined by Justice Brian Hoffstadt and L.A. County Superior Court Judge Sanjay Baker):In this anti-SLAPP appeal, defendants … are the creators and producers of…
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Opinions & Debates
A review of The West: A New History in Fourteen Lives by Naoíse Mac Sweeney, 448 pages, Dutton (May 2023).At the 2019 Annual Meeting of the Society for Classical Studies in San Diego, California, independent scholar Mary Frances Williams stood up at the end of a panel on “the future of classics,” and suggested that classicists should view their field as the study of the foundations of Western civilisation. Classics “matters,” she went on, “because it’s the West.” Sarah Bond, a professor at the University of Iowa, cut in, declaring that ‘‘Western civilisation is a construct—a complete construction.”Since then, how…
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Decentralized, blockchain-based messaging and social media apps saw a surge of interest over the last year amid civil unrest and communication blackouts in the…
In brief CoinDCX said the FIR against its co-founders is “false” and part of a “conspiracy” involving impersonators using its brand to defraud investors.…
Bitcoin BTC$68,605.68 began the year on a painful note, even as equity markets remained buoyant. But stock traders’ luck is now running out, as…
Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding.Hong Kong-based Web3 gaming…
from the if-the-knock-off-shoe-fits dept Normally, a post about the signing of an NFL free agent wouldn’t make it anywhere near these here Techdirt pages.…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Bitmine Immersion Technologies (BMNR), the largest ether-focused treasury firm, bought 60,999 ether (ETH) last week as it continues to build up its holdings of…
Prediction markets platform Polymarket says it has now banned and reported users who pressured an Israeli journalist with death threats to amend a news…
In brief Bitcoin is trading above $75,000 ahead of PPI data and the Federal Reserve’s rate decision, breaking a key resistance zone. Forecasts point…
My son spent last week training in defensive pistol use at Gunsite Academy, in Arizona. The scheduling couldn’t have been timelier given the double…
Bitcoin BTC$75,594.79 surged past $75,000 early Tuesday, helped by shifting dynamics in the derivatives market.Prices hit a high of $75,800, convincingly topping the long-term…
Nonfungible token marketplace OpenSea has postponed the launch of its native token SEA, initially slated for March 30, citing tough market conditions and it…
