According to @KobeissiLetter on X (Sep 23, 2025), Lithium Americas (LAC) surged about 90% on reports that the U.S. government is seeking to buy up to a 10% equity stake in the company (source: The Kobeissi Letter). According to the same source, at the current pace the U.S. government could end up with a diverse portfolio of stocks by year-end (source: The Kobeissi Letter). According to the same source, the update did not reference any cryptocurrencies, so no direct crypto market impact was cited in the report (source: The Kobeissi Letter).