Fold Holdings liquidated about $45 million in bitcoin at around $71,000 per coin to fully pay off $20 million in bitcoin-backed secured debt. This move removes monthly interest payments and strengthens the company's cash position. The remaining $25 million will fund new retail and enterprise products, including a Bitcoin Credit Card, which is central to Fold's growth strategy. Despite the sale, Fold retains a significant bitcoin treasury and plans further product launches to drive expansion.
Cumulus Media’s Westwood One will provide exclusive live audio coverage of the 2026 NCAA Division I Men’s College World Series Championship Finals from June 12 to June 22, 2026. The broadcast includes preliminary double-elimination games and the best...
Vishay Intertechnology has expanded its ILHB series of automotive-grade multilayer chip ferrite beads, now offering smaller case sizes (0402 to 1206), higher current capacity up to 6 A, and a wider impedance range from 10 Ω to 2700 Ω. These enhanceme...
Shein acquired the ethically focused Everlane brand for about $100 million, aiming to improve its controversial image ahead of a potential Hong Kong IPO. Meanwhile, Canadian Solar is expanding its high-tech solar cell manufacturing in the U.S. to avo...
Mitsubishi HC Capital America achieved a record by closing 32 structured finance and leasing transactions in the fiscal year ending March 31, 2026. This included 19 Sponsor Finance deals and 13 Project Finance deals, supporting sectors like energy tr...
Cracker Barrel reported better-than-expected Q3 results with revenue of $797.37 million beating estimates and adjusted EPS of 29 cents versus a forecasted loss. Despite a 6.7% drop in traffic, pricing improvements helped offset declines, and retail s...
