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SELLAS Life Sciences Group, Inc. is a clinical stage biopharmaceutical company, which engages in the development and commercialization of immunotherapeutic for cancer indications. Its product pipeline includes galinpepimut-S. The company was founded by Angelos M. Stergiou on April 3, 2006 and is headquartered in New York, NY.

SELLAS Life Sciences Group Inc

SELLASs Phase 3 REGAL trial of GPS in AML reached its required 80th event, and the company expects topline results this month, putting the readout at the center of discussion. Many traders are optimistic and speculate that recent after-hours strength reflects short covering or a data leak, while others stress that results have not been released and the outcome remains uncertain.

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment is composed of products and services relating to productivity, communication, and information services such as Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of public, private, and hybrid server products and cloud services for businesses and developers, as well as enterprise and partner services. The More Personal Computing segment refers to products and services including Windows operating system, Windows cloud services, Surface, HoloLens, personal computer accessories, Xbox hardware, Xbox Cloud Gaming, Microsoft News, and Microsoft Edge. The company was founded by Paul Gardner Allen and William Henry Gates, III in 1975 and is headquartered in Redmond, WA.

Microsoft Corporation

Microsoft Corp

A widespread Microsoft 365 outage disrupting Outlook, Teams, Copilot and other services is driving attention, with users describing work and business interruptions. Traders are debating whether the incident warrants a selloff; some speculate about a cyberattack, but that cause is unconfirmed, and others note the shares have held up despite the disruption.

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 20,111,281. The last known price of Bitcoin is 71,086.72423286 USD and is down -3.89 over the last 24 hours. It is currently trading on 12779 active market(s) with $28,515,435,687.36 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Bitcoin

Bitcoins sharp, persistent selloff and break of key support dominate discussion, with traders citing risk-off conditions, ETF outflows and leveraged-long liquidations as pressures. Sentiment is largely bearish, with many bracing for further declines, while others view oversold conditions and lower prices as a buying opportunity.

Candel Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the development and commercialization of viral immunotherapies. Its pipeline includes CAN-2409 and CAN-3110. The company was founded by Estuardo Aguilar-Cordova in 2002 and is headquartered in Needham, MA.

Candel Therapeutics Inc

Candels planned prostate-cancer BLA filing has been pushed to mid-2027 amid assay-refinement work and ongoing FDA discussions, prompting a sharp selloff. Traders disagree over whether this is a manageable CMC delay with the clinical data intact or a sign of greater regulatory risk, while many also criticize managements communication and CEO share sales.

Strategy, Inc. engages in the development of fixed-income instruments that provide investors varying degrees of economic exposure to bitcoin. It executes bitcoin acquisition, capital management, and capital markets strategies. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Tysons Corner, VA.

Strategy Inc. - Ordinary Shares - Class A

Strategy

MSCIs confirmed decision to remove Strategy from its indexes is fueling concern about passive-fund selling, alongside Bitcoins decline, which traders see as adding pressure to the stock. Bears warn of further downside and a shrinking Bitcoin-related premium, while bulls argue the index news is already priced in and Bitcoins direction matters more.

Cerebras Systems, Inc. engages in the designing and provision of processors for artificial intelligence (AI) training and inference. Its products include inference, Wafer Scale Engine, AI supercomputers, AI model services, cloud, systems, and processors. The company was founded by Sean Lie, Andrew D. Feldman, Gary Lauterbach, Michael James, and Jean Philippe Fricker in 2015 and is headquartered in Sunnyvale, CA.

Cerebras Systems Inc - Ordinary Shares - Class A

Cerebras Systems Inc

Cerebras quarterly results and sharply raised revenue outlook, alongside traders discussion of a new Microsoft customer agreement, are driving a post-earnings rebound. Bulls point to accelerating AI-cloud demand and potential short covering, while skeptics focus on the wider-than-expected loss, heavy spending, and valuation.

Modine Manufacturing Co. engages in the provision of thermal management products and solutions. It operates through the Climate Solutions and Performance Technologies business segments. The Climate Solutions segment provides climate-controlled solutions and components, heat transfer products, heating, ventilating, air conditioning and refrigeration products, and data center cooling solutions. The Performance Technologies segment designs and manufactures air- and liquid-cooled technology for vehicular, stationary power, and industrial applications. In addition, the Performance Technologies segment provides thermal solutions to zero-emission and hybrid commercial vehicle and automotive customers, and coating products and application services. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

Modine Manufacturing Co.

Reported Samsung discussions to acquire Modine have sparked buyout speculation, with traders debating whether a deal will materialize and whether its terms would satisfy shareholders; no agreement has been announced.

Chevron Corp. engages in the provision of oil and gas energy solutions. It provides crude oil and natural gas, manufactures transportation fuels, lubricants, petrochemicals, and additives, and develops technologies that enhance business and the industry. It operates through the Upstream and Downstream segments. The Upstream segment consists of the exploration, development, and production of crude oil and natural gas, the liquefaction, transportation, and regasification associated with liquefied natural gas, the transporting of crude oil by major international oil export pipelines, the processing, transporting, storage, and marketing of natural gas, and a gas-to-liquids plant. The Downstream segment consists of the refining of crude oil into petroleum products, the marketing of crude oil and refined products, the transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car, and the manufacturing and marketing of commodity petrochemicals and plastics for industrial uses and fuel & lubricant additives. The company was founded on September 10, 1879 and is headquartered in Houston, TX.

Chevron Corp.

Chevrons stronger-than-expected quarterly results, particularly robust refining profits amid tight diesel markets, are a major focus, alongside concern that Middle East supply risks could keep oil prices elevated. Traders are split between bullish momentum and call activity and caution that the rally may fade if oil prices or refining margins retreat.

Pfizer Inc. is a research-based global biopharmaceutical company, which engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide. The firm works across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY.

Pfizer Inc.

Pfizer Inc

Pfizers quarterly results beat expectations and lifted its full-year outlook, but the stocks muted reaction has traders debating whether growth in newer products can offset declining COVID revenue and looming patent expirations. Bulls point to pipeline progress, oncology approvals and the dividend, while skeptics remain concerned about the turnarounds durability.

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

Jensen Huangs resignation as CEO amid relationship allegations is driving attention, with traders also debating whether reported China-related scrutiny and possible chip-diversion investigations pose broader business risks. Bulls see the selloff as an overreaction and argue Nvidias operations can continue under interim leadership, while bears question succession and the potential fallout from investigations.

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Jack Mallers Doubles Down On Michael Saylor, Warns Strategy Is ‘Signing Up To Owe Money Forever’

Equity

The CEO said he will not replicate the perpetual preferred structure at his own Bitcoin treasury company.


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Extremely Bullish Sentiment

<ul class="summary-bullets"><li>Twenty One Capital CEO Jack Mallers said companies issuing perpetual preferred equity are "signing up to owe money forever".</li><li>The comment expanded his BTC Prague critique of Strategy (MSTR) Executive Chairman Michael Saylor in a follow-up podcast.</li><li>Mallers contrasted the new model with older convertibles that could be retired through equity conversion at a premium.</li></ul>Twenty One Capital CEO Jack Mallers said companies issuing perpetual preferred equity are "signing up to owe money forever," expanding his BTC Prague critique of Strategy (MSTR) Executive Chairman Michael Saylor in a follow-up podcast appearance.The comment targeted a structural feature of the newer instruments that Strategy has used to raise capital, including its preferred stock called Variable Rate Series A Perpetual Stretch Preferred Stock commonly known as Stretch (STRC). Unlike convertible bonds, the perpetual preferreds are non-callable, do not convert into equity, and carry a coupon of about 11.5% forever, Mallers said in&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=kS65L_Lqrg0&amp;t=83s">an interview</a> with the BTC Prague team.The concept was different from the prior MicroStrategy convertibles raised in the post-COVID era, with coupons as low as 0% and which could be retired by converting to equity at a premium, Mallers said. That approach allowed the corporation to effectively wipe the instruments off its capital structure. The new perpetuals can never be wiped out, Mallers said.Twenty One Capital (XXI) CEO outlined the four options facing any Bitcoin treasury business with an underwater Bitcoin position and common shares that it cannot issue accretively. The business might sell Bitcoin, issue dilutive common, discontinue paying preferred, or create cash flow elsewhere to fund the perpetual coupon. All options hurt at least one stakeholder group, according to Mallers. “So the question is, can you come up with a financial engineering strategy where everybody wins?” said Maller.<h2 class="st-heading-2">Mallers Points To Strike Lending Business As Cash Flow Alternative</h2>Mallers said he likes the cash flow path, citing Strike’s Bitcoin-backed loan company, which is pegged at a current addressable market of $20 billion to $30 billion and a long-term possibility of $1 trillion to $2 trillion. He said he did not pursue the permanent preferred model at Twenty One since he did not yet completely grasp it.Mallers followed up on comments he made at a BTC Prague digital credit panel earlier this month, where he questioned Saylor on the multiple-to-net-asset-value technique and asked for an example of a dilutive transaction within his framework.&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/saylor-strategy-stock-sales-not-like-google-dilution/cZKIPPZR75r">Saylor responded that MNAV</a> is one of several valuation frameworks and that Strategy's equity issuances become "massively accretive" when liabilities and asset purchases are factored in correctly.<a href="https://stocktwits.com/symbol/MSTR">MSTR’s price</a> closed down over 3% on Friday. On Stocktwits, retail sentiment around MSTR remained in the ‘bullish’ zone, while chatter dropped to ‘normal’ from ‘high’ levels over the past day.<a href="https://stocktwits.com/symbol/XXI">XXI’s stock</a> closed down over 2% on Friday. On Stocktwits, retail sentiment around XXI remained in the ‘neutral’ zone, while chatter stayed at ‘low’ levels over the past day.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_06_20_at_1_44_39_PM_png_8f3170bb2a.webp" alt="Screenshot 2026-06-20 at 1.44.39 PM.png" width="956" height="538"><figcaption>STRC retail sentiment on June 20 as of 1:45 p.m. ET | Source: Stocktwits</figcaption></figure>As of Saturday, <a href="https://stocktwits.com/symbol/STRC">STRC's price</a> has slid below its $100 issuance par value and was trading at $88, down 10% in a month. On Stocktwits, retail sentiment around STRC remained in the ‘extremely bullish’ zone, while chatter stayed at 'extremely high’ levels over the past day.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/mstr-hayes-saylor-jedi-mind-tricks-btc-sales/cZK8NwpR7Jp">Arthur Hayes Says Michael Saylor Is Pulling 'Jedi Mind Tricks' On Whether Strategy Will Sell More Bitcoin</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

Jack Mallers speaks on stage during Bitcoin Conference 2023 at Miami Beach Convention Center on May 19, 2023 in Miami Beach, Florida. (Photo by Jason Koerner/Getty Images for Bitcoin Magazine)

Twenty One Capital CEO Jack Mallers said companies issuing perpetual preferred equity are "signing up to owe money forever," expanding his BTC Prague critique of Strategy (MSTR) Executive Chairman Michael Saylor in a follow-up podcast appearance.

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