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Strategy Makes First Purchase of Bitcoin Since August; Paramount to Settle Lawsuits; Critical Metals Shares Rise
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Michael Saylor’s Strategy (MSTR) purchased Bitcoin for the first time in three weeks, acquiring $75.7 million of the original cryptocurrency after seeking to rebuild investor confidence by reshaping its balance sheet and building out reserves.
- Paramount Skydance (PSKY) has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros. Discovery Inc., according to a person familiar with the matter.
- Critical Metals (CRML) shares rose the most since April, after President Donald Trump said the he reached an agreement with Denmark over Greenland that would give the US “permanent control over security” of the Arctic island and that this deal addressed US concerns over the territory.
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