California Meme Coin Bill AB 2409 Passes Both Houses of Congress, Waiting for Governor to Sign

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On August 28th, US storage stocks collectively fell in pre-market trading, with SanDisk, Micron Technology, Western Digital, and SK Hynix falling more than 2%, and Seagate Technology falling nearly 2%.

MSX data shows that Meiweier Technology's US stock market fell 8.4% before trading, and Meiweier Technology's performance and prospects in the second quarter were poor.

The meme coin regulatory bill AB 2409 in California has been passed in the state House of Representatives and Senate and is currently awaiting signature by the governor. The bill prohibits public officials and government employees from issuing meme coins, and prohibits the online trading of meme coins for California residents from January 1, 2027.

According to Bitcoin.com News, Arthur Hayes stated that Bitcoin is trading sideways around $80000, with Strategy holding 840447 Bitcoin and paying approximately $1.5 billion in dividends annually. The Strategy enterprise value mNAV is approximately 1.01 times, while the base mNAV and diluted mNAV are approximately 0.73 times and 0.74 times, respectively. Arthur Hayes pointed out that Michael Saylor has the option to issue new shares, sell Bitcoin, or reduce preferred stock dividends. The STRK dividend yield is 8%, while the STRC dividend yield ranges from 10% to 11.5%.