Strategy's preferred stock STRC fell to a record low of $82.5, down 18% from its $100 par value, triggered by Bitcoin's drop below $62K and fears over dividend coverage. The stock's decline accelerated after Strategy sold 32 BTC in late May and used reserves meant for dividends to reduce debt, raising concerns about meeting future payouts. Analysts warn this could force more BTC sales, potentially capping Bitcoin's rally and impacting both STRC and Strategy's main stock, MSTR, which has also fallen sharply. The situation highlights growing market uncertainty linked to Strategy's capital structure and dividend obligations.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Ondo Global Markets reached $1 billion in total value locked (TVL) for tokenized stocks by May 2026, with projections to hit $5 billion by year-end. USDC, Circle's stablecoin, is the preferred settlement currency for these tokenized equities, favored...
Ademi LLP is investigating GPGI for potential securities fraud related to alleged inaccurate statements about its financials and business operations, especially concerning its acquisition of Husky Technologies Limited. This probe could impact investo...
