Newsletter: Crypto’s latest “infinite money machine” is the digital asset treasury company — a publicly traded firm that exists primarily to accumulate crypto. For a while, these stocks traded at hefty premiums to the underlying assets. But now, the trade is unraveling.
Newsletter: Faced with blowback over his pardon of Binance founder Changpeng Zhao, President Trump has offered a curious defense: he doesn’t even know the guy.
