BitMine Immersion Technologies announced it now holds 5,620,754 Ethereum tokens, representing 4.66% of the total 120.7 million ETH supply, moving closer to its 5% target. The company has staked 4.72 million ETH, generating projected annual staking revenue of about $219 million, supporting dividends on its newly issued preferred stock. BitMine also reported total crypto and related holdings worth $10.4 billion, including Bitcoin, cash, and stakes in other companies. Despite these developments, BitMine's common stock (BMNR) showed little price movement, while the new preferred shares (BMNP) are set to begin trading soon with a declared weekly dividend. Investors will watch if BitMine can continue growing its ETH holdings per share while maintaining dividend payments.
Stardust Solar Energy has terminated the franchise rights of 10 underperforming operators across 16 territories to optimize its network and focus on stronger performers. These terminated franchises represented 24% of operators but only 11% of revenue...
Elemental Royalty Corporation announced it will participate in a live virtual non-deal roadshow on October 7, 2026, at 10:00 AM EST to present its latest investor update. The event will feature CEO Frederick Bell and CIO David Baker, covering recent ...
In 2025, Con Edison generated $24.8 billion in economic output and supported nearly 40,000 jobs across New York State, with over half of its 14,000 employees being union members. The company invested heavily in local businesses, clean energy programs...
AMC Entertainment Holdings has faced volatility due to pandemic disruptions and high debt but is making progress in debt refinancing and conversion to equity. The improving box office outlook supports a positive earnings forecast, with significant re...
The U.S. Navy has doubled its operational capacity for the MQ-25A Stingray unmanned aircraft by adding a second MD-5C Ground Control Station powered by Lockheed Martin's MDCX autonomy platform. This system enhances mission planning and execution, all...
