Fold Holdings sold about $45 million in Bitcoin to pay off secured debt and fund growth, leaving it debt-free with a treasury of 1,492 BTC worth around $95 million. The company retired $20 million of bitcoin-backed debt and allocated $25 million for expanding its Bitcoin rewards and financial services. This move strengthens Fold's balance sheet, removes interest expenses, and supports scaling its Bitcoin Rewards Credit Card. Fold's stock initially surged over 130% but later settled with a 30% gain. The company aims to leverage its improved financial position to drive growth amid rising demand for bitcoin-native financial products.
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...
