Schwab Center for Financial Research

Bloomberg This Weekend features hosts David Gura, Christina Ruffini, and Tim Stenovec discussing the weekend’s major headlines with guests including Jonathan Golub, several U.S. governors, and financial and political experts. The live event from New York includes participants such as William Taylor, former U.S. Ambassador to Ukraine, and Ted Benna, founder of the 401(k).

Schwab's Jim Ferraioli supports Strategy's STRC stock strategy amid Bitcoin's decline near $60,000. Strategy, the largest corporate Bitcoin holder, raised STRC's dividend to 12% and authorized $2 billion in buybacks to stabilize its stock, which had fallen from $100 par value. The firm shifted from a 'never sell' Bitcoin stance to strategic sales, acknowledging market concerns about cascading liquidations.

The Schwab Center for Financial Research warned that Bitcoin faces key resistance between $78,000 and $83,000 investor cost basis levels, which could cap its current rally. The analysis highlights potential price barriers based on historical investor behavior.