Gulfport’s Zitkus Sells $881K Shares Amid Market Waltz

A Strategist’s Ballad

A Strategist’s Ballad
Oh my God, Bitcoin just hit $95k like it’s going out of style! Who knew geopolitical drama and inflation could be the ultimate date night for crypto? 💸🔥

The company’s stock, much like a gentleman caught in a downpour without an umbrella, has stumbled over the past four years as its growth slowed and margins shrank. Will this out-of-favor stock ever regain its former glory, or shall it descend further into the mire? A most vexing question, to be sure.

AMD and Intel, those chip-obsessed pals, surged on analyst hype about AI. It’s like they’re at a party where everyone’s pretending to know the host, even though they’ve never met. Meanwhile, Salesforce dropped 7.13%-probably because someone finally noticed it’s not the only game in town. JPMorgan Chase, that banking paragon, slid 3.99% after earnings that felt like a tax audit. Bank of America and Wells Fargo, meanwhile, were just… there, like a couch you don’t want to sit on.

In a tweet that’s more dramatic than a Mel Brooks monologue, Bird proclaimed this week as XRP’s moment of truth. Every time the Russell 2000 hits an ATH, XRP supposedly throws a party. 🎉 But let’s not forget the macro data dropping this week-CPI, PPI, and all that jazz. It’s like adding a clown car to a tightrope act: chaotic but entertaining! 🤡

Amidst this theatrical performance, behold! Bitcoin, the darling of the digital age, has decided to don its finest attire, ascending gracefully past $94,000-an impressive feat for a currency that often behaves like a capricious diva. 💃

The 21Shares Bitcoin Gold ETP [BOLD], launched on the London Stock Exchange on 13 January, offers investors a “regulated” way to own both Bitcoin and physical gold. Regulated, of course, meaning someone somewhere filled out a form. 📄

At the time of writing, it was trading at $0.975. A daily session close below the $1 mark would not be a good sign for the bulls in the short term. A veritable catastrophe, one might say. 🧠

Let’s break it down. They sold 120,000 shares, which is like throwing a party and everyone’s invited. The post-sale holdings? A mere 25,076 shares. That’s a drop from 145,076-like going from a full tank to a near-empty one. But hey, they still have 360,000 options left. So, maybe they’re just getting started. Or maybe they’re just hedging their bets. Who knows?

Reports say the launch took place in Times Square, a stage fit for a sermon and a sales pitch at once, with Adams framing the token as a tool to support education and combat antisemitism and anti-American sentiment. The token rests on the Solana blockchain, as declared at launch, like an emblem pressed into the cold iron of the city. 🤖🗽