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A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

Reuters

U.S. securities regulator probes Didi Global’s $4.4 billion IPO

The U.S. Securities Exchange Commission is investigating Didi Global Inc over its $4.4 billion initial public offering in the United States in June last year, the Chinese ride-hailing giant said. Didi was cooperating with the U.S. securities regulator’s investigation related to the offering, “subject to strict compliance” with Chinese law, the company said in its annual filing on Monday. “We cannot predict the timing, outcome or consequences of such an investigation,” Didi added.

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