Gamble

James Wynn’s high-stakes crypto gamble nears breaking point

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James Wynn’s high-stakes crypto gamble nears breaking point

James Wynn has now fully lost the gains he recently made in a series of high-risk trades. With his current bet nearing the liquidation threshold, Wynn now stands on the brink of losing the principal tied to that position as well. According to reporting by EmberCN, Wynn made $11.67 million by going long on Trump … Read more

A Bold Gamble or a Brilliant Strategy?

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A Bold Gamble or a Brilliant Strategy?

A Strategic Shift in Corporate Finance GameStop broke expectations by silently putting $4.78 billion in cash into Bitcoin at BTC. As a part of this new approach, GameStop joins other companies that invest in Bitcoin in their financial reserves. Predictably the company took this action to match economic patterns and secure its financial stability from … Read more