LA do-gooder claims he collected 100K pounds of trash from streets — blames city for slow collection: ‘Just do your job’

nypostPubblicato 2025-12-09Pubblicato ultima volta 2025-12-09

Introduzione

A Los Angeles resident who has taken it upon himself to clean up the city's streets claims to have personally collected over 100,000 pounds of trash. He is now criticizing the city's sanitation department for its slow collection services, which he says undermines his and other volunteers' efforts. His message to city officials is a direct plea for them to fulfill their basic responsibilities: "Just do your job."

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The Preferred Stock Domino Effect: Strive Incurs a 7.08 Million Dollar Loss, Strategic Risk Spreading in a Chain Reaction

"Priority Stock Domino Effect": Strive's $7.08 Million Loss Reveals Chain-Reaction Risk in Bitcoin Reserve Sector Bitcoin reserve company-issued preferred shares are no longer just yield assets but a credit test for balance sheet health. While focus remains on Strategy, Strive, the 7th largest public Bitcoin holder, disclosed a tangible spillover effect: its holding of Strategy's (STRC) preferred shares lost $7.08 million in fair value over eight days, despite no change in share count. This exposes a clear cross-company risk transmission channel within the sector. Strive's filing shows its 505,000 STRC shares fell from ~$88.59 to ~$74.57 per share. While Strive remains solvent with 19,864 BTC and $141.7M cash, the loss signals that preferred stock risks can spread via inter-company holdings, shifting their perception from stable income to credit-like, high-risk assets dependent on issuer liquidity and dividend sustainability. In response, Strategy unveiled a "Digital Credit Capital Framework," raising STRC's annual dividend to 12%, mandating a 12-month cash reserve for dividends, and authorizing up to $1B each for STRC/common stock buybacks and a $1.25B Bitcoin sale plan to bolster reserves. This marks a shift to active credit risk management, formally incorporating potential Bitcoin sales to stabilize its capital structure. Third-party valuation tools, like Farside's calculator estimating STRC's net present value at ~$49.89, highlight that pricing now hinges critically on perpetual dividend sustainability and the issuer's ability to pay amid market volatility. Bitcoin's price (~$62k) remains below Strategy's average cost basis ($75,651), intensifying focus on reserve policies. The market faces two scenarios: 1) Contained risk, where STRC's discount narrows and stress is limited to Strategy; or 2) Systemic risk, where deep STRC discounts persist, dividend hikes fail, Bitcoin sales commence, and pressure spreads to other issuers like Strive's SATA shares. Key indicators to watch are STRC/SATA discount levels, dividend coverage credibility, equity issuance rates, and any actual Bitcoin divestment. Strive's future reports will be crucial in determining if its loss is an isolated event or the first sign of sector-wide credit risk contagion via preferred shares.

marsbit3 min fa

The Preferred Stock Domino Effect: Strive Incurs a 7.08 Million Dollar Loss, Strategic Risk Spreading in a Chain Reaction

marsbit3 min fa

How a Listed Company Died: Gambling $1.46 Billion on WLFI, with $540 Million Ending Up in Trump Family's Pockets

The article details the downfall of AI Financial Corporation (formerly Alt5 Sigma), a Nasdaq-listed fintech company. In August 2025, the company, whose board overlapped with the crypto project World Liberty Financial (WLFI), was acquired via a $750 million WLFI token payment. It then raised another $750 million in cash from investors to buy more WLFI tokens, totaling a $1.46 billion bet at ~$0.20 per token. The strategy proved disastrous. WLFI's price plummeted ~70% to ~$0.057, causing over $750 million in unrealized losses on the largely locked-up tokens. With its core payment business being sold, AI Financial now holds illiquid tokens, ~$10.5 million in depleting cash, and a going-concern warning from the SEC. Its stock fell over 90%. Crucially, of the $750 million cash used to buy WLFI tokens, an estimated $540 million flowed to Trump-affiliated entities due to WLFI's revenue-sharing structure, contributing to Trump's reported $1.4+ billion in 2025 crypto-related income. The case highlights the extreme risks for public companies making large, illiquid bets on single crypto assets.

Foresight News58 min fa

How a Listed Company Died: Gambling $1.46 Billion on WLFI, with $540 Million Ending Up in Trump Family's Pockets

Foresight News58 min fa

Bitcoin vs. gold: Why the BTC/XAU ratio could be key in July

The article discusses the significance of the Bitcoin-to-gold (BTC/XAU) ratio as a key macro indicator for July, amid resurgent market volatility. Geopolitical tensions, specifically the collapse of the U.S.-Iran ceasefire, triggered a spike in oil prices and renewed inflation concerns. This has increased market expectations for a more hawkish Federal Reserve, putting pressure on risk assets like Bitcoin. Historically, both Bitcoin and gold have performed well in July. However, the current volatile macro backdrop forces a clearer choice between the two as a hedge. While the BTC/XAU ratio is up over 4.5% for the month, indicating Bitcoin's continued outperformance, the article suggests this trend is under pressure. The ratio will serve as a critical gauge for whether capital remains in Bitcoin or rotates back into the traditional safe haven of gold as macro uncertainty persists.

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Bitcoin vs. gold: Why the BTC/XAU ratio could be key in July

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Are the Frantic Acquisitions of Crypto Companies by Giants Good or Bad?

In a bear market, giants are actively acquiring crypto companies. Recent months have seen at least five major deals: Samsung Securities bought a 2% stake in Upbit operator Dunamu; Robinhood acquired WonderFi for $180 million to enter the Canadian market; Figure purchased Kiavi for $717 million to expand into on-chain real estate credit; Franklin Templeton bought 250Digital to launch Franklin Crypto; and Blockworks acquired data platform Messari at a steep discount—over 90% less than its 2022 $300 million valuation. These moves highlight a strategic shift. Cash-rich giants are consolidating resources at low cost, targeting companies with established compliance frameworks to navigate tightening global regulations. Acquisitions like WonderFi and the Upbit stake provide immediate market access and licensed user bases. Figure's deal signals real-world asset (RWA) tokenization moving from concept to large-scale implementation, with Kiavi's $7+ billion annual transaction volume being integrated into on-chain capital markets. Franklin Crypto's launch targets institutional investors like pension funds, offering them tailored, compliant crypto strategies. For these strategic players, bear markets present an ideal entry point: valuations are depressed, speculative noise is minimized, and they can acquire robust technology and compliance infrastructure at a fraction of the cost. This acquisition wave marks a transitional phase for crypto—from a wild frontier toward an institutional, regulated financial system. Giants are positioning themselves to capture future growth when macroeconomic conditions and liquidity improve, leaving latecomers behind.

marsbit1 h fa

Are the Frantic Acquisitions of Crypto Companies by Giants Good or Bad?

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Strive's Paper Loss Warning: Pressure from Strategy Preferred Shares Has Spread Across the Entire Bitcoin Treasury Track

Strive's disclosure that its holdings of Strategy's (STRC) preferred shares lost $7.08 million in value over eight days signals that credit risks are spreading across the Bitcoin reserve industry through cross-holdings. While not proof of insolvency, it shows how valuation pressure on one firm's securities can directly impact another's balance sheet. Strategy responded with a comprehensive credit management framework, including raising STRC dividends to 12%, authorizing share buybacks, and formalizing a plan to potentially sell Bitcoin to bolster its $2.55 billion cash reserve. However, third-party models value STRC at around $49.89 per share, far below its $100 face value, highlighting that its price depends critically on the sustainability of dividends and Strategy's financial health. The market now watches for two scenarios: either the risk is contained to Strategy, or it spreads industry-wide if STRC's discount deepens, dividends become unsustainable, and pressure spills over to securities like Strive's SATA. Key indicators to monitor are the discount rates of STRC and SATA, cash coverage for dividends, share issuance activity, and whether Bitcoin sales move from authorization to execution.

Foresight News1 h fa

Strive's Paper Loss Warning: Pressure from Strategy Preferred Shares Has Spread Across the Entire Bitcoin Treasury Track

Foresight News1 h fa

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Benvenuto in HTX.com! Abbiamo reso l'acquisto di Lagrange (LA) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente LagrangeLA.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Lagrange (LA)Dopo aver acquistato Lagrange (LA), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Lagrange (LA)Scambia facilmente Lagrange (LA) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

336 Totale visualizzazioniPubblicato il 2025.06.04Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di LA LA sono presentate come di seguito.