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Search results for April 17

Finance

Black Monday on semiconductor shock as KOSPI, Kosdaq trigger trading halts

South Korean shares plunged on June 8 as rate worries after strong U.S. jobs data, weakness in semiconductor stocks and Middle East risks hit sentiment. The KOSPI closed down 8.29 percent at 7,484.41 and the Kosdaq fell 9.08 percent to 911.39. Both markets triggered sell-side sidecars and circuit breakers during the session. Individuals were net buyers in the KOSPI, while foreigners extended a selling streak.

Crypto

Michael Saylor hints at more bitcoin buying as Strategy dividend vote nears

Strategy Chairman Michael Saylor signalled the possibility of additional bitcoin purchases as shareholders prepared to vote on changing the dividend payment schedule for STRC preferred shares from once a month to twice a month. CEO Phong Le reaffirmed the company’s stance of increasing net bitcoin holdings and bitcoin per share. The proposal requires approval from a majority of 85 million shares outstanding as of April 17, 2026.

Crypto

Strategy hints at more bitcoin buying as Michael Saylor post draws attention

Strategy has signalled it may resume additional bitcoin purchases after Michael Saylor posted a bubble chart showing the company’s bitcoin buying history over the past six years. The post has often preceded new purchase announcements, prompting market speculation that buying could restart after a pause of several weeks. Investors are also watching a shareholder vote on changing STRC perpetual preferred dividend payments to twice monthly.