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X @TylerD πŸ§™β€β™‚οΈ
It appears LQR House (YHC) is facing a lawsuit from 'Kingbird Ventures LLC' filed as of July 11The suit alleges that Sean Dollinger and the board of directors have breached fiduciary duties amongst other allegations and seeks injunctive relief preventing them from making any other corporate decision (i.e. issuing more stock shares).LQR House filed a form 8-K with the SEC disclosing the suit today, sharing their intent to fight back.The plot thickens... ...
X @TylerD πŸ§™β€β™‚οΈ
@L0laL33tz So it still seems up in the air at this point and unclear we will get confirmation one way or another any time soonIf it is true, it would likely lean bullish BTC if one assumes the US govt (Trump) would want to buy the BTC back, though it's also unclear if that would happen ...
X @TylerD πŸ§™β€β™‚οΈ
Sani, the founder of TimechainIndex, has been David Bailey's primary source and says that1) The Bitcoin believed to be owned in the US Govt wallets is still there2) It is possible that a custodian has performed a swap effectively selling the BTC without leaving an onchain trailhttps://t.co/QPZUpvJLBB ...
X @TylerD πŸ§™β€β™‚οΈ
It's still a bit unclear if this is true or notBut it has been blasted out to all of Senator Lummis's followersWill share what we know currently in this threadSenator Cynthia Lummis (@SenLummis):I’m alarmed by reports that the U.S. has sold off over 80% of its Bitcoin reservesβ€”leaving just ~29,000 coins.If true, this is a total strategic blunder and sets the United States back years in the bitcoin race. ...
X @TylerD πŸ§™β€β™‚οΈ
Wow SBET did ~$2.7B in trading volume today77.9M shares movedJust INSANE action https://t.co/OdmRt66EZm ...
X @TylerD πŸ§™β€β™‚οΈ
A few items of note here for SBET1) The team has hit their ATM sell limit so shouldn't be selling any additional shares for the next week at a min (less daily sell pressure)2) The next potential ATM will be a BIG oneVery bullish ETH if that ATM goes throughFor SBET, my gut read is short term pump, some correction and then likely longer grind updjohnson (@DJohnson_CPA):Good point, $SBET has a shareholder meeting to increase the authorized shares from 100M to 500M on 7/24 (next Thursday) so the ATM will be fi ...
X @TylerD πŸ§™β€β™‚οΈ
Corporate Governance - A November 2024 amendment to YHC bylaws allows special meetings to be called by owners of 33 1/3% of voting shares [1] - Directors can be removed with a 2/3 vote of shareholders [1]
X @TylerD πŸ§™β€β™‚οΈ
YHC +150% to $10Up 500% in the past weekCall the meeting Bob https://t.co/f9xMIikoCb ...
X @TylerD πŸ§™β€β™‚οΈ
If you're in PUMP, pivot to BONKBONK +31% on the day to $3B market capNow up 85% on the week https://t.co/ohzAVqwM56 ...
X @TylerD πŸ§™β€β™‚οΈ
ETH and SOL race to ATH who says no https://t.co/IS0nRUwkxgAnsem (@blknoiz06):long $SOL ~170, stop ~160, target $260/ATHs https://t.co/fi4LqnLsym ...