Author: Jordan

Metaplanet will issue ¥8 billion ($50 million) in zero-interest bonds to deepen its Bitcoin exposure, according to a Friday statement. This is Metaplanet’s 20th series of ordinary bonds. The bonds will mature in 2027, giving the company roughly a year to deploy the capital into Bitcoin and pay back the principal. At current prices of around $78,000 per Bitcoin, this $50 million could add somewhere between 640 and 700 coins to the company’s holdings. The Tokyo-listed firm, now Japan’s largest corporate Bitcoin holder, owns 40,177 BTC worth about $3.1 billion. That makes it the third-largest Bitcoin holder among publicly traded…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

Darlington Building Society has reduced rates across its buy-to-let, residential and specialist mortgage ranges, with cuts of up to 0.50%. The Society has reduced rates across its buy-to-let range, with selected products seeing cuts of up to 50bps. This includes five-year fixed rate standard buy-to-let product at 80% LTV, now available at 5.49%, down from 5.99%. Darlington has also reduced pricing across its residential range, with cuts of up to 25bps on key products. Two-year fixed rates have reduced to 5.29% at 80% LTV, 5.79% at 90% LTV, and 5.99% at 95% LTV. In its specialist residential range,…

Gold loan fintech startups are shifting focus from loan sourcing and distribution to building their own loan books, as the Reserve Bank of India (RBI) tightens regulations around the sector.According to multiple senior industry executives, players such as Indiagold and Oro, which have recently secured NBFC licences, are now looking to scale up their own lending businesses. Co-lending partnerships with larger NBFCs and banks are also being explored, they added.This marks a significant shift for these startups, which previously operated as service providers or business correspondents to banks, using technology to streamline distribution rather than lend from their own balance…

Investing.com – European natural gas prices ticked higher on Friday, as investors gauged the ongoing blockage of the Strait of Hormuz and stall peace talks between the U.S. and Iran. By 06:37 ET (10:37 GMT), the Dutch front-month contract at the TTF hub had risen by 0.9% to 44.83 euros per megawatt hour, according to according to data from the Intercontinental Exchange. President Donald Trump said on Thursday that a ceasefire between Israel and Lebanon would be extended for three weeks following a meeting with diplomats from both countries. However, representatives from Hezbollah, the militant group fighting in Lebanon, were not…

In January of last year, we presented a list of items that would support the coming bull market in commodities. We subsequently reiterated and added to this list. Due to the events of the past two months another addition is appropriate, but to refresh memories, here are the points mentioned previously: 1. AI Drives Commodity Demand Investments in AI-related datacentres and the associated infrastructure (power plants, pipelines, transmission lines, transportation services) will add significantly to commodity demand for years to come, even if the stock prices of the biggest spenders (the so-called “hyperscalers”) have reached their peaks. This is based on…

CHL Mortgages has cut rates by up to 0.25% across its short-term let products and by up to 0.10% across its limited edition buy-to-let (BTL) range.  Limited edition rates for single dwelling properties now start from 2.85% and from 2.95% for houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB) with up to six bedrooms or units.  Rates for short-term let properties, including holiday lets and serviced accommodation, now start from 3.46%. All products are available to both individual and limited company landlords, with options for fees, up to 80% loan-to-value (LTV), and free valuations on selected short-term let…

IFM Investors Pty Ltd has opened a new $16.4M position in $MELI, per a new SEC 13F filing. This disclosure reflects the funds’ holdings for the 03-31-2026 report period. You can see the fund’s full portfolio on Quiver Quantitative, and also track the largest institutional owners of $MELI.$MELI Hedge Fund ActivityWe have seen 737 institutional investors add shares of $MELI stock to their portfolio, and 667 decrease their positions in their most recent quarter.Here are some of the largest recent moves:UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,327,972 shares (-74.3%) from their portfolio in…

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In a recent Wall Street Journal Article, Alex Pollock and I proposed using financial defeasance to unlock the mortgage market.  Existing home sales volume has been severely depressed since September 2022, when mortgage interest rates increased to more than 6 percent. Homeowners who financed or refinanced their home using a conventional mortgage originated in years when these mortgages had exceptionally low interest rates will face a substantial financial loss should they sell their home. Many WSJ comments were critical of our abbreviated explanation necessitated by the tight word constraints of a WSJ opinion article. To make amends, I have written…