Here are some of the stories Wall Street is watching on Monday, June 16.
Michael Saylor's Strategy (MSTR) bought $1.05 billion worth of bitcoin (BTC-USD), according to an SEC filing.
EchoStar (SATS) shares are surging following a Bloomberg report that President Trump met with the company's chair and FCC Chair Brendan Carr, urging them to settle a dispute over the company's wireless spectrum licenses.
Sarepta Therapeutics (SRPT) shares sank after the company reported a second a patient died while receiving its gene therapy treatment for Duchenne muscular dystrophy.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
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It's time for Yahoo Finance's Market Minute. First, Michael Saylor's strategy announcing another $1 billion purchase of Bitcoin according to an SEC filing. The crypto giant spending over $42 billion to purchase over 592,000 Bitcoins since 2020. We're seeing Bitcoin rise today hovering above 107,000 bucks a coin. Meanwhile, shares of EchoStar, the company behind Boost Mobile and Dish, surging following news President Trump is urging the company to settle its dispute with the FCC. That's according to a Bloomberg report. This would end that ongoing dispute over EchoStar's wireless spectrum licenses, giving the company an edge over competitors like SpaceX. And, Sarepta Therapeutics are those shares are plummeting after reporting a second death related to the company's gene therapy drug. The company is suspending shipments of the drug which it is working on to help those with a type of muscular dystrophy. And that's our Yahoo Finance Market Minute. Scan the QR code below to track the best and worst performing stocks of the session.
