Why Is IREN Stock Falling on Friday?
IREN Limited (NASDAQ: IREN) stock falls Friday amid Bitcoin sliding under $70,000, rising Treasury yields, and NVIDIA Corp. (NASDAQ: NVDA) CEO Jensen Huang's resignation.
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IREN Limited (NASDAQ: IREN) stock falls Friday amid Bitcoin sliding under $70,000, rising Treasury yields, and NVIDIA Corp. (NASDAQ: NVDA) CEO Jensen Huang's resignation.
JPMorgan raised its Strategy stake 36%, but the position has lost roughly 26% as MSCI removal raises forced-selling risks.
Bitcoin, Ethereum and XRP slide 6% as seven headwinds hit crypto, including rate fears, Iran tensions and ETF outflows.
Strategy Inc. CEO Phong Le said on Thursday, November 12, that AI has grown beyond any single executive, while praising Jensen Huang’s three-decade effort building NVIDIA Corp.
Leading cryptocurrencies plunged deeper on Thursday, November 12, as investors weighed President Donald Trump's latest remarks on Iran.
Bitcoin drops below $75K as Mark Yusko warns of weakened recovery, forced selling and Strategy’s potential index exclusion, but favors long-term
Peter Schiff doubts Strategy can sustain STRC’s 12% dividend if Bitcoin fails to gain 30% annually, citing BTC’s recent losses and gold’s stronger record.
Peter Schiff says there’s “no basis” for Saylor’s 30% Bitcoin growth bet as MSCI removal sends Strategy shares down 7%.
Strategy shares are trading lower Thursday after MSCI confirmed plans to remove the company from its benchmark equity indexes.
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