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Tesla Leading Gains, Fannie Mae Privatization, Microstrategy Buying More Bitcoin | Stock Movers
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March 24, 2025
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4:06Now PlayingOn this episode of Stock Movers:
- Tesla is leading gains among the Magnificent Seven stocks on Monday as retail investors buy into the stock. The stock is higher amid a broader rally, with US stock futures rising on signs that the next round of President Donald Trump’s tariffs may be more measured than previously suggested.
- Fannie Mae and Freddie Mac shares are rising Monday after the Wall Street Journal reported Sunday that the Trump administration is considering an executive order on housing that may push for the privatization of the two home loan giants.
- Michael Saylor’s MicroStrategy bought $584.1 million of Bitcoin after raising more than $700 million last week through the sale of so-called perpetual strife preferred stock. The purchase, the latest in a series of almost weekly acquisitions since late October, increased the dot-com-era software maker turned leveraged Bitcoin proxy’s holding of the cryptocurrency to around $44.3 billion.
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Tesla Leading Gains, Fannie Mae Privatization, Microstrategy Buying More Bitcoin
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