American Bitcoin Corp. announced its Bitcoin reserve has grown to over 8,000 BTC, valued at around $512 million, marking more than triple growth since its Nasdaq debut. The company recently completed a 1-for-15 reverse stock split to raise its share price and maintain Nasdaq compliance. Despite a net loss in Q1 2026 due to Bitcoin's price drop, American Bitcoin continues to mine and acquire BTC, supported by its partnership with Hut 8. The stock price rose 14.1% following the split, but the company's performance remains linked to Bitcoin market conditions and mining costs.
Edelson Lechtzin LLP is investigating Kering S.A. for potentially keeping tariff-related price increases on luxury brands like Gucci and Saint Laurent without refunding consumers after the U.S. Supreme Court ruled the tariffs unlawful in February 202...
On July 6, U.S. spot Bitcoin ETFs attracted $266 million in net inflows, with BlackRock's iShares Bitcoin Trust (IBIT) leading at $209 million. This marks a strong return of institutional interest after previous outflows in May and June, suggesting i...
Bitcoin briefly rose above $64,000 before settling in the low $63,000s, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth about $216 million. This recovery follows a drop to near $58,000 in late June and shows resilience amid thin...
Oil prices rose slightly but remain pressured due to increased supply from OPEC+ and the UAE, which may cap gains despite easing geopolitical risks. WTI oil must hold the $66 support level to avoid a deeper drop toward $60, while Brent oil is consoli...
Discovery Mining is focusing on brownfield infrastructure consolidation in Timmins, prioritizing integrated metals and operational flexibility over single-asset development. The company reported strong Q1 2026 results with $177.9 million EBITDA and $...
