Michael Saylor stated that Strategy's investment in Bitcoin worth $5.5 billion was not affected by concerns about the delisting of the index. (Decrypt)
Analysts say the latest drawdown is exposing a divide between fast-money traders and long-term allocators who view the pullback as an opportunity.They see bitcoin’s ownership mix and regulatory progress limiting the severity of this cycle’s decline compared with past downturns.
According to documents submitted by ALT5 Sigma to the US Securities and Exchange Commission, its CEO was officially suspended on October 16th, but internal emails indicate that he began taking leave on September 4th. Securities lawyers warn that such inconsistent dates may violate disclosure and anti fraud regulations. (Cointelegraph)