Tag: introduction to finance

Finance

MicroStrategy’s Plunge Shows Risk of Stock as Bitcoin Proxy

byTaufan
(Bloomberg) — MicroStrategy Inc. Investors who bought shares of the biggest corporate holder of Bitcoin to gain amped-up exposure to the digital asset are getting a painful reminder of its brutal volatility. Most Read from Bloomberg This week is driving home how the leverage the company deploys to buy Bitcoin is a recipe for explosive moves. MicroStrategy sank 16% on Monday, more than 10 times the drop in Bitcoin. It slumped 5.7% Tuesday as the digital token extended a retreat from record highs. The slide pushed this week’s losses to 20%, the stock’s worst two-day drop since 2022, an abrupt…
Finance

SLC urges students to apply now for student finance

byTaufan
The Student Loans Company (SLC) is urging new full time undergraduate students in England, who are planning to attend university and college this autumn, to submit their student finance applications now. By submitting their online applications before Friday (17th May) students can ensure that their tuition fees and maintenance loans payments are confirmed for the start of the academic year, subject to eligibility being confirmed. Students should apply even if they don’t have a place on a course confirmed, or know their living arrangements, as these details can be changed in their student finance online account at any time before…