$12.57
-0.0700 (-0.554%)
At Close: Jun 03, 2026
7 High-Yield Fixed Income CEFs Trading At Wide Discounts
07:37am, Monday, 13'th Apr 2026
Seven high-yield fixed income CEFs—ARDC, BGH, BIT, GHY, KIO, OPP, WDI—currently trade at wider-than-average discounts, offering yields from 10% to 14%. Market fears over private credit and macroec
BIT: Paying Out More Than It Earns (Rating Downgrade)
11:30am, Tuesday, 07'th Apr 2026
BlackRock Multi-Sector Income Trust (BIT) is rated a sell due to ongoing NAV erosion and unsustainable distributions. BIT trades at a 7.05% discount to NAV, near multi-year lows, reflecting persistent
Falcon Energy Materials Initiates US$100 Million Damages Claim Against Republic of Guinea
07:00am, Monday, 16'th Mar 2026
Abu Dhabi, United Arab Emirates – TheNewswire - March 16, 2026 – Falcon Energy Materials plc (TSX-V: FLCN) (“ Falcon ” or the “ Company ”) announces that it has formally commenced internat
Never Cutters, Part 2: 5 More High-Yield CEFs That Have Never Cut The Distribution
12:37pm, Sunday, 15'th Mar 2026
I highlight five additional CEFs—BIT, BME, BST, BUI, and GLU—that have never cut distributions for at least a decade, offering high-yield, monthly income. BIT yields nearly 12% at a -6.8% discount
Almitas Capital LLC Acquires Shares of 57,112 BlackRock Multi-Sector Income Trust $BIT
03:31am, Sunday, 15'th Mar 2026
Almitas Capital LLC bought a new position in shares of BlackRock Multi-Sector Income Trust (NYSE: BIT) in the undefined quarter, according to its most recent disclosure with the SEC. The institutional
The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing
05:00am, Tuesday, 24'th Feb 2026
SHANGHAI, Feb. 24, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) today announced it has received 950,000,000 9BIT tokens in relation to its gaming platform the9bit. 9BIT tokens are listed on KuCoin
Penserra Capital Management LLC Takes Position in BlackRock Multi-Sector Income Trust $BIT
04:40am, Friday, 06'th Feb 2026
Penserra Capital Management LLC purchased a new position in BlackRock Multi-Sector Income Trust (NYSE: BIT) in the undefined quarter, according to the company in its most recent disclosure with the SE
BIT: Unsupported Distribution Indicates Only Downside For This CEF
07:13pm, Tuesday, 27'th Jan 2026
BlackRock Multi-Sector Income Trust receives a 'Strong Sell' rating due to poor performance and heightened risk profile. BIT's recent rights offering kept the gearing ratio high, instead of deleveragi
What Moved Markets This Week
07:01am, Saturday, 03'rd Jan 2026
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.
BIT: Continual NAV Destruction Amidst A Potentially Tough Environment
12:42pm, Tuesday, 30'th Dec 2025
The BlackRock Multi-Sector Income Trust offers an 11.26% yield, but its distribution appears unsustainable given recent net asset value declines. BIT recently underperformed major bond indices and sev
Absolute Investment Advisers LLC Purchases Shares of 53,637 BlackRock Multi-Sector Income Trust $BIT
03:13am, Tuesday, 30'th Dec 2025
Absolute Investment Advisers LLC purchased a new position in shares of BlackRock Multi-Sector Income Trust (NYSE: BIT) in the undefined quarter, according to its most recent 13F filing with the Securi
BIT Mining Limited to Begin Trading Under New Name "SOLAI Limited" and New Ticker Symbol "SLAI" Effective October 20, 2025
06:00am, Monday, 20'th Oct 2025
AKRON, Ohio , Oct. 20, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced that e
BIT Mining Rebrands Again As It Pivots To Integrating AI And Blockchain Technology
10:16am, Wednesday, 15'th Oct 2025
The crypto mining company will change its name to reflect its new business focus, just five years after transforming from an online lottery ticket seller
BIT: Discounted Valuation But Still Not A Buy
09:52am, Friday, 10'th Oct 2025
BlackRock Multi-Sector Income Trust (BIT) offers a high 11.1% yield and diversified income exposure, but faces challenges in sustaining distributions. BIT trades at a 4.91% discount to NAV, making it
BIT Mining Limited Announces Name and Ticker Change
06:00am, Friday, 10'th Oct 2025
AKRON, Ohio , Oct. 10, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the chan
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