Destiny Tech100 Inc (DXYZ) News & EventsDXYZNews & EventsDestiny Tech100 Inc

Significant Increases in Indicative Borrow Rates for Liquid Options

Latest data shows the largest indicative borrow rate increases among liquid option names include: Leverage Shares 2X Long SPCX Daily ETF (SPCH) 34.83% +6.13, TSLR ETF (TSLR) 11.54% +2.54, ISHARES BITCOIN TRUST ETF (IBIT) 1.23% +0.81, GRANITESHARES 2X LONG MU DAILY ETF (MULL) 8.64% +0.59, Tradr 2X Long QBTS Daily ETF (QBTX) 23.80% +0.59, Defiance Daily Target 2X Long ORCL ETF (ORCX) 5.33% +0.50, Tradr 2X Long NBIS Daily ETF (NEBX) 8.53% +0.44, Draganfly (DPRO) 13.46% +0.37, American Strategic Income Portf. Inc II (BSP) 8.93% +0.33, and DESTINY TECH100 INC (DXYZ) 0.58% +0.30.

Destiny Tech100 sinks after Trump threatens Musk contracts

Shares of Destiny Tech100, an exchange-listed portfolio with Elon Musk's SpaceX representing 52.4% of its economic exposure, are trading lower after President said on social media, "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts. I was always surprised that Biden didn't do it!." Shares of Destiny Tech100 are down 13% to $37.20 in afternoon trading.