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Jason Shubnell (@JasonShubnell) profile picture

Jason Shubnell

@JasonShubnell

Deputy Managing Editor @TheBlockCo and @TheLatentCo Meet me in the land of hopes and dreams

 St. Clair Shores, MI
Joined April 2009
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Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)Photo by Jason Shubnell (@JasonShubnell)
“Set me on a silver sun, for I know that I'm free; Show me that I'm everywhere, and get me home for tea” My cousin Jeremy, 44, passed away this month just two years after being diagnosed with ALS. People as pure as he was don’t deserve this. als.org/
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Analysts say $MSTR has successfully strengthened its balance sheet and stabilized its preferred-stock financing structure, although the effort came at the expense of near-term bitcoin-per-share growth. theblock.co/news/business/20…
Strategy's preferred-stock fix sets up renewed bitcoin buying, analysts say

Strategy's preferred-stock fix sets up renewed bitcoin buying, analysts say

MSTR fell after third-quarter results, but StoneX and TD Cowen kept buy ratings, citing a $4.83 billion cash reserve and a steadier STRC preferred.

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The Block (@TheBlockCo) profile picture
The Block
@TheBlockCo6h
THE BLOCK: With its preferred-stock financing structure more stable and liquidity substantially improved, analysts believe Strategy is better positioned to resume accumulating bitcoin and grow bitcoin per share. StoneX reiterated its buy rating and $435 price target, while TD Cowen maintained its buy rating with a $260 price target. $MSTR
Image from The Block (@TheBlockCo)
Image from The Block (@TheBlockCo)
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The rising value of Strategy’s bitcoin holdings generated a $20.91 billion gain and drove record operating income. Earlier this week, holders of preferred shares approved a change allowing dividends to accrue daily. $MSTR theblock.co/news/business/20…
Strategy reports $19.5 billion in Q3 net income as preferred shareholders approve daily dividends

Strategy reports $19.5 billion in Q3 net income as preferred shareholders approve daily dividends

Earlier this week, holders of STRC, STRF, STRK and STRD preferred shares approved a change allowing dividends to accrue daily.

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News to Remember (@allchronology) profile picture
News to Remember
@allchronologyOct 29
He's waited decades for this. He's never stopped believing. This is a dream come true. Enjoy this clip. He's everybody's dad tonight. #brewcrew #mlb #milwaukeebrewers
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Binance, the world's largest cryptocurrency exchange, appears to have suffered a major hack that could total nearly $6 billion. $BNB theblock.co/news/markets/202…
Binance investigating hack as suspicious outflows reach up to $5.8 billion

Binance investigating hack as suspicious outflows reach up to $5.8 billion

Onchain data shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets.

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The Block (@TheBlockCo) profile picture
The Block
@TheBlockCoOct 29
THE BLOCK: Strategy reported $19.53 billion in net income for Q3, up from $2.79 billion a year earlier, as the rising value of its bitcoin holdings generated a $20.91 billion gain and drove record operating income. The company held 848,517 BTC as of Oct. 25, up 26% year to date, while revenue from its software business fell 3% year over year to $125.4 million. $MSTR Strategy said CFO Andrew Kang will step down on Nov. 5, with current COO Reza Virasteh set to become CFO in January 2027.
Image from The Block (@TheBlockCo)
Image from The Block (@TheBlockCo)
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i/o (@avidseries) profile picture
i/o
@avidseriesOct 29
Trump lost California by 20 percentage points, but he wants us to know that if the vote been "honest" he would have won by "a lot." If this is someone you defend as a normal or a good person, either your brain or your soul is rotten.
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The Block (@TheBlockCo) profile picture
The Block
@TheBlockCoOct 29
THE BLOCK: Tesla and SpaceX CEO Elon Musk revealed some interest in Hyperliquid, reposting billionaire investor Stanley Druckenmiller's news of an investment to bring perpetual futures on Hyperliquid to the U.S. hyperliquid:native
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The Block (@TheBlockCo) profile pictureThe Block
@TheBlockCoOct 29
Replying to @TheBlockCo
theblock.co/news/business/20…
HYPE surges 15% as NYSE parent ICE moves to bring Hyperliquid perps to US

HYPE surges 15% as NYSE parent ICE moves to bring Hyperliquid perps to US

ICE will run the exchange and clearing, TradeXYZ will design the markets, and Hyperliquid's HIP-3 will supply the tech, pending regulatory approval.

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Jason Shubnell retweeted
Kevin Madden (@KevinMaddenDC) profile picture
Kevin Madden@KevinMaddenDCOct 29
Every one of them becomes a kid again. They all revert to a moment way back when they were in Little League, when winning a World Series was just a dream.
MLB (@MLB) profile pictureMLB
@MLBOct 29
Every reaction from the Brewers after securing the final out of the World Series 😮‍💨
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ICE will run the exchange and clearing, TradeXYZ will design the markets, and Hyperliquid's HIP-3 will supply the tech. The deal follows CFTC no-action relief for U.S. perps in May and President Trump's push to bring Hyperliquid onshore. theblock.co/news/business/20…
HYPE surges 15% as NYSE parent ICE moves to bring Hyperliquid perps to US

HYPE surges 15% as NYSE parent ICE moves to bring Hyperliquid perps to US

ICE will run the exchange and clearing, TradeXYZ will design the markets, and Hyperliquid's HIP-3 will supply the tech, pending regulatory approval.

theblock.co
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The Block (@TheBlockCo) profile picture
The Block
@TheBlockCoOct 29
The questions we're taking to Capitol Hill on November 19: → What's blocking the Clarity Act? → What's next for the SEC and CFTC? → What if it doesn't pass? Sign up to attend virtually or in person 👇 capitolcryptoforum2026.splas…
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goma (@soigomaa) profile picture
goma
@soigomaaOct 27
One hell of an album cover
TVP (@Theveripost) profile pictureTVP
@TheveripostOct 27
Photo of an East German Stasi agent taking a photo of a CIA agent taking a photo of him at the same time
Image from TVP (@Theveripost)
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Sources who spoke with @ForTheWynn_ said they expect the legislative dynamics to change for crypto, as polls show that Democrats have a high likelihood of taking back Congress. Great deep dive here. theblock.co/news/regulation/…
Crypto braces for potential shift in congressional oversight after midterms

Crypto braces for potential shift in congressional oversight after midterms

Sources who spoke with The Block said they expect the legislative dynamics to change for crypto, as polls show that Democrats have a high likelihood of taking back Congress.

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Ben Raven (@BenjaminSRaven) profile picture
Ben Raven@BenjaminSRavenOct 28
Dan Campbell just compared his fourth-down decisions to Uncle Buck's hat. It's his favorite hat and it always seems to get people talking or feeling some type of way.
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Dave Birkett (@davebirkett) profile picture
Dave Birkett@davebirkettOct 28
Dan Campbell said he's a little bit like Uncle Buck's fedora when it comes to going for it on fourth downs. Amazing comparison. No other coach has that depth.
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Ripple said customers and partners using multiple products have tripled this year, as its payments network approaches $150 billion in lifetime volume. Despite a spike in early August, $XRP remains down nearly 30% this year. theblock.co/news/business/20…
Ripple expects $900 million annualized product revenue run rate as institutional business expands

Ripple expects $900 million annualized product revenue run rate as institutional business expands

The firm says customers using multiple Ripple products have tripled this year, as its payments network nears $150 billion in lifetime volume.

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Jason Shubnell retweeted
David Ubben (@davidubben) profile picture
David Ubben
@davidubbenOct 25
College football is a place where a baby riding a bronze pig makes perfect sense and will likely be a deeply meaningful family photo for decades to come
Tom Weston (@tomnweston) profile pictureTom Weston@tomnwestonOct 25
Hang it in the louvre 🐖
Image from Tom Weston (@tomnweston)
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Jason Shubnell retweeted
The Block (@TheBlockCo) profile picture
The Block
@TheBlockCoOct 28
Ripple expects $900 million annualized product revenue run rate as institutional business expands theblock.co/news/business/20…
Ripple expects $900 million annualized product revenue run rate as institutional business expands

Ripple expects $900 million annualized product revenue run rate as institutional business expands

The firm says customers using multiple Ripple products have tripled this year, as its payments network nears $150 billion in lifetime volume.

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I know Matt and Trey have said they don't like the early season all that much, but my GOD, moments like this are just too good
Chris DeRose (ScratchyDerose.bsky.social) (@ScratchyDerose) profile pictureChris DeRose (ScratchyDerose.bsky.social)@ScratchyDeroseOct 27
This scene where Trey Parker breaks the mic with his screaming always pops up in my head time to time. I genuinely miss when Eric sounded like such a little shit.
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Got a text from another personnel executive this morning, noting that this is the third straight QB class that has had similar problems.
Image from Charles Robinson (@CharlesRobinson)
Charles Robinson (@CharlesRobinson) profile pictureCharles Robinson@CharlesRobinsonOct 27
The 2027 QB draft class was expected to be loaded. Now it’s getting messy. And it’s not just an Arch Manning problem. From NFL Blue Book… nflbluebook.com/p/week-7-rec…
Image from Charles Robinson (@CharlesRobinson)
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