Strategy's CEO Phong Le purchased $1 million of STRC preferred stock to show confidence as the stock trades below its $100 par value, crucial for the company's Bitcoin buying strategy. STRC shares rose 1.46% after his purchase, helping the company fund Bitcoin acquisitions through its ATM program. Despite a recent Bitcoin sale to cover dividends, Strategy's liquidity improved with $1.4 billion in U.S. dollar reserves and strong Bitcoin holdings of 847,363 BTC, maintaining its position as the largest corporate Bitcoin holder. The CEO plans to hold the shares until they reach par value, signaling long-term confidence.
FTI Consulting appointed Jerome Nyssen as Senior Managing Director in its Risk Advisory practice in Australia to enhance AI-driven risk, compliance, and governance services. Nyssen brings 25 years of experience across financial services and technolog...
General Fusion has made significant progress with its LM26 Magnetized Target Fusion machine, achieving plasma electron temperatures of about 8.4 million degrees Celsius (0.72 keV), nearing its 1 keV target. This milestone demonstrates effective plasm...
AI/R, a technology company specializing in Agentic AI, has deepened its partnership with Databricks, achieving Gold partner status and expanding its certifications from 11 to over 100. This growth enables AI/R to deliver advanced AI and data solution...
New long-term data from the ADjoin trial shows that lebrikizumab, an injectable treatment for moderate to severe atopic dermatitis, maintains skin clearance and reduces itching for up to 2 years even with monthly dosing instead of biweekly. About 76%...
Greystone, a national commercial real estate finance company, has appointed Joshua Rosen as Senior Managing Director to focus on originating loans for seniors housing and healthcare sectors. Based in Chicago, Rosen brings extensive experience from Wa...
