Great Elm Capital Corp. announced its Q1 2026 financial results, reporting net investment income of $0.36 per share, a 13% increase from the previous quarter. The company appointed Jason Reese as CEO and waived incentive fees through Q2 2026 to align with shareholders. GECC repurchased all notes due in June 2026, leaving no funded debt maturity until 2029, and maintains strong liquidity with $10 million cash and $50 million credit availability. The board declared a $0.25 per share dividend for Q2 2026, yielding 18% annually based on the May 1 closing price, and authorized a $10 million stock buyback program, having repurchased shares at a 36% discount to NAV so far. These actions position GECC for sustainable performance and attractive returns amid a cautious investment environment.
Roku President Charles Collier sold 20,538 shares of the company, raising $3 million from the transaction. This insider sale could indicate personal financial planning or a shift in confidence, but no further details were provided. Investors may watc...
Ripple has secured full MiCA authorization, enabling it to expand its regulated crypto payments and stablecoin services across all 30 European Economic Area countries. This regulatory milestone shifts Ripple's focus from gaining approvals to scaling ...
An anonymous trader has placed a massive 20x leveraged long position on Solana (SOL) worth about $23 million on the decentralized perpetual futures platform Hyperliquid. The position targets 500,000 SOL, with 200,000 SOL already filled. Due to the hi...
Bitcoin's blockchain split at block 961632, with the BIP-110-supporting Roughnecks mining two blocks on a minority chain now 18 blocks behind the main chain, which has reached block 961651. The mining difficulty remains high at 127.48 trillion, makin...
Tron's stablecoin supply reached approximately $91.8 billion in early August, increasing by $2 billion in the past month. Nearly 98% of this supply is Tether's USDT, making Tron the largest blockchain for USDT circulation since 2021. The network proc...
