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Svmuu Evening Brief
1. Sources: Iran has not yet made a final decision on the memorandum of understanding; 2. KINS market cap surpasses $12 million, up over 21% intraday; 3. Kingdom Holding Company: The fair value of its SpaceX shares is approximately $6.83 billion; 4. Garrett Jin, an agent for the “1011 Insider Whale,” placed six ZEC limit buy orders at $409.12; 5. BitMine’s perpetual preferred stock, BMNP, is scheduled to begin trading on the NYSE on June 16; 6. SK Hynix added over 2,000 employees last year, bringing its total workforce to 34,549; 7. Iranian officials revealed a draft memorandum of understanding between the U.S. and Iran: Iran commits to not pursuing nuclear weapons and keeping the Strait of Hormuz open; the U.S. will unfreeze assets and grant exemptions from oil sanctions; 8. The U.S. is reported to have agreed to unfreeze $25 billion in Iranian assets.
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