Nick Martell

But besties, this pod's not over yet.

Here's what else you need to know today.

First, to kick off the summer, Bitcoin just entered winter.

Bitcoin price is down 25% in the last month.

It's fallen in half from its all-time high.

As of this recording, Bitcoin is below $60,000 for the first time in two years.

Basically, Bitcoin's doing a cold plunge.

Now, Strategy, the company that owns nearly a million Bitcoin, they just sold some of their Bitcoin for the first time in four years.

Yeah, they got to pay rent.

Yeah.

But the reason for the latest drop, we actually think it's the upcoming IPOs.

Exactly.

Exactly.

Risky retail traders are selling their Bitcoin to stock up on SpaceX.

And second, Lululemon is downward dogging.

The stock fell to an eight-year low after dropping their financial forecast, Lolo Lemon.

Because Viore, Alo Yoga, and Skims are all eating up Lululemon sales.

Sticking them in their pockets.

But interesting, management literally cited negative social media commentary as a headwind they're facing.

Translation, people don't think Lululemon is cool anymore.