GameStop extended its Bitcoin options contract with Coinbase after the previous contracts expired worthless, collecting $5.8 million in premium income. The new agreement lowered the strike price to $80,000 from the earlier $105,000-$110,000 range, with nearly all 4,710 BTC still pledged under the deal. This strategy allows Coinbase to acquire the Bitcoin if its price exceeds the strike before expiration, while GameStop retains the premium if it does not. Despite Bitcoin's central role in GameStop's treasury, the cryptocurrency contributed only about $1 million in gains last quarter, with most profits coming from cash interest and eBay-related positions. GameStop also recently proposed acquiring eBay, highlighting its broader corporate strategy beyond retail operations.
First Hawaiian, Inc. announced it will release its second quarter 2026 financial results on July 24, 2026, before the market opens. The company will hold a conference call at 1:00 p.m. Eastern Time the same day to discuss the results, accessible via ...
Scully Royalty Ltd.'s Board of Directors has implemented a new policy that prohibits the company from reimbursing or funding shareholder costs unless approved by at least 75% of voting shareholders. This policy aims to preserve company resources and ...
Circle has issued an additional $250 million USDC on the Solana blockchain, contributing to a total USDC minting on Solana of about $64.25 to $64.78 billion in 2026. This move reflects strong demand for dollar liquidity within Solana's network, enhan...
The Calamos Global Dynamic Income Fund (CHW) has been downgraded to a Hold rating due to concerns over rising interest rates and limited upside potential. Although CHW trades at a 9.45% discount to its net asset value and offers an 8.1% yield with st...
A solo Bitcoin miner using a $150 Bitaxe device won the full 3.1382 BTC block reward, worth about $200,000, after mining block #957382 on July 9, 2026. The miner operated the device at nearly 1 TH/s for eight hours, beating massive network competitio...
