peeks
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2/ Bitmine meets eligibility critera to be added to the Russell 1000 - the final updated list is published June 18th - reconstituted index takes effect June 26th - Many active managers only buy equities on the Russell 1000 - an estimated 20-25% of the market cap of a stock is held by passive index funds/ETFs x.com/fundstrat/stat…




The SpaceX IPO is the most brazen retail fleecing in modern market history. NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float. Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not. And what exactly are they buying? Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously. For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%. SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September. $1.75 trillion valuation. $80 billion raise. Largest IPO in history. The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.


JUST IN: NBA player Kyle Kuzma declares "quantum compute" is the next technological frontier after artificial intelligence.

• Trump ending Iran War • traditional markets still up only • strongest crypto coins finally making new all time highs for first time in over a year • altcoins seeing sustained spot bid for first time in awhile & CT bullposting again bros we might just be back 🥹


There are genuinely like 300 people left in Crypto. This is actually very bullish. The people never quit are about to make generational wealth. It happens every time.




