Search results for Henrik Zeberg
Crypto
Barstool Sports founder says bitcoin could go to zero, challenges critics
Bitcoin fell below $60,000 on June 24, chilling sentiment across the crypto market as Barstool Sports founder Dave Portnoy aired a bearish view. Portnoy said bitcoin appeared to be heading toward zero and demanded explanations from investors who have argued it will rise to $1 million. Markets slid with bitcoin down 4.2 percent intraday. Liquidations totaled $869.39 million, mostly from long positions. Analysts cited ETF outflows and weak demand.
Crypto
SpaceX shares surge again as Musk cites $1 trillion revenue goal by 2030
SpaceX shares extended gains for a second day after its listing, pushing the company’s market value above $2.5 trillion. The rally followed comments by CEO Elon Musk that SpaceX could reach $1 trillion in annual revenue by 2030, drawing money from retail investors and cryptocurrency traders. Trading also surged in related crypto derivatives and tokenised stock products. Analysts cited a wide gap between current results and the target and differing views on valuation and capital spending.
Crypto
Economist Henrik Zeberg says Michael Saylor will eventually collapse, raising questions over Strategy
Economist Henrik Zeberg criticised Strategy Chairman Michael Saylor\'s approach of accumulating bitcoin using borrowed money, saying it would end in disaster. The warning comes as bitcoin fell from about $82,000 in early June to $62,000 to $63,000 in about two weeks, and Strategy reported an operating loss of $14 billion in the first quarter of 2026 tied to unrealised losses. Debate is shifting to the sustainability of leveraged bitcoin treasury strategies.