morning all
Morgan Stanley Unit Boosts Stake in Bitcoin-Loving MicroStrategy
Morgan Stanley’s investment management arm boosted a stake in Bitcoin vehicle MicroStrategy Inc. to more than 10% late last year. The bank unit held 792,627 shares of MicroStrategy by the end of December, according to a filing with the U.S. Securities and Exchange Commission on Friday. The 10.9% stake had a value of roughly $420 million based on the day’s closing price. MicroStrategy’s Chief Executive Officer Michael Saylor, an outspoken proponent of Bitcoin, has been plowing more of his company’s cash into the cryptocurrency, even planning to offer convertible bonds to fund purchases. Last month, he publicly encouraged Elon Musk to make a similar move with Tesla Inc.’s money. MicroStrategy’s stock has gained 37% this year as the cryptocurrency soared, compared with a 1.8% rise in the S&P 500.
Other top holders of MicroStrategy have included First Trust Advisors, BlackRock Inc. and Vanguard Group, according to data compiled by Bloomberg from periodic filings. A Morgan Stanley spokesperson didn’t immediately have a comment on the firm’s filing when reached after normal business hours.
https://www.bnnbloomberg.ca/morgan-stanley-unit-boosts-stake-in-bitcoin-loving-microstrategy-1.1545953
DANTE49 US Navy E-6 B Mercury sw from Pax River
VVAX441 US Navy C-130 Hercules out of Ft. Worth NAS/JRD east
This AC has had some upgrades-from Sept 22, 2020
First KC-130T with Upgraded Propeller System Conducts Aerial Refueling Test
The KC-130T, BuNo 164441, is currently undergoing testing that will qualify it to become the first NP2000 configured aircraft in the DoD certified to conduct AR missions. The NP2000 upgrade transitioned the C-130T’s propeller system to eight composite blades on each hub and an enhanced electronic control system. This particular aircraft had not flown for almost a year and was scheduled for sundown by the U.S. Marine Corps (USMC) after the last Marine Aerial Refueler Transport squadron in New York transitioned to the newer KC-130J models. The Navy coordinated with the Marine Corps to transfer the aircraft between inventories and the Tactical Airlift Program Office (PMA-207) and Fleet Logistics Support Wing completed the required maintenance to bring the aircraft back to life and modified it with NP2000. PMA-207, V-22 Joint Program Office (PMA-275), and Air Test & Evaluation Squadron (VX) 20 teams coordinated the test event, required for the airworthiness certification of the modified KC-130T. Upon completion of certification, the NP2000 and AR configured aircraft will be transferred to the Navy Fleet Logistics Support Squadron (VR) 62 this fall to begin its new role.
https://www.navair.navy.mil/news/First-KC-130T-Upgraded-Propeller-System-Conducts-Aerial-Refueling-Test/Tue-09222020-0939
SPAR16 USAF Clipper on final approach for Offutt AFB from JBA depart earlier
SPAR= Special Priority Air Resource