Strategy announced a $176 million buyback of its STRC shares and doubled its buyback capacity to $2 billion to reinforce support for its bitcoin-backed securities. The company holds over 845,000 bitcoins and $6.5 billion in cash, aiming to stabilize its crypto credit structure amid market skepticism. Critic Peter Schiff questioned the sustainability of demand for STRC without ongoing buybacks. Meanwhile, Strategy's online store sells a BTC-themed sneaker for $250 but does not accept bitcoin as payment, highlighting a disconnect between institutional promotion and practical use of bitcoin.
FRP Holdings is considered a 'Strong Buy' as the market undervalues it compared to its net asset value and sum-of-parts analysis. The company's mining royalty segment generates cash flow without capital expenditure and is resistant to inflation, prov...
Alibaba is moving aggressively from traditional e-commerce to a comprehensive AI and cloud computing strategy, supported by significant insider buying. Its AI Cloud and Compute Services revenue grew 45% year-over-year, with adjusted EBITA soaring 133...
Bitcoin's price briefly surged past $82,000 but has since been stuck trading between $76,000 and $82,000. Strong spot demand driven by U.S. Spot Bitcoin ETFs and large investors like Strive supports the price, alongside a peak in Binance's derivative...
Broadridge has introduced DLX, a comprehensive platform that bridges tokenized and traditional financial markets, enabling institutions to manage issuance, trading, settlement, and custody of tokenized assets across multiple chains. DLX builds on Bro...
District Metals Corp. has finished its first diamond drilling program at the Österkälen and Malgomaj mineral licenses in central Sweden, completing 1,943 meters across 15 holes. All drill holes intersected graphitic black shale, confirming the effect...
