MARA Holdings secured $600 million in new loans by pledging 18,750 Bitcoin valued at about $1.2 billion as collateral. The financing came from Coinbase Credit and Two Prime Lending, with rates around 7.5-7.65%, maturing in 2028. MARA plans to use the funds to support its acquisition of Long Ridge Energy & Power and expand into energy, Bitcoin mining, AI, and high-performance computing. This move increases liquidity but also adds margin risk if Bitcoin prices fall, as MARA must maintain collateral ratios or face potential liquidation of pledged BTC.
Elon Musk's Tesla and SpaceX are both pursuing leadership in AI but with very different approaches. Tesla focuses on AI-powered robotics and autonomous vehicles, investing heavily in chip production and Robotaxi expansion, though it currently faces n...
DHT Holdings saw a 45.4% sequential rise in VLCC spot market day rates in Q2, driving a 23.1% rally in its share price and strong dividend prospects with a forward yield of 24%. The company's low operating costs, young fleet, and reduced debt positio...
Procter & Gamble reported weak fiscal year 2026 results with only 1% organic sales and core earnings per share growth. The company forecasts modest 1–3% organic sales growth for fiscal year 2027 amid challenges from rising private label competition, ...
Bitcoin recently broke out and reached a key resistance level at $82,350 before pulling back. The price action has shifted into an ascending channel, suggesting potential for another attempt to surpass the critical macro high of $82,825. If bulls mai...
RBC Capital Markets has increased its price targets for B&M European Value Retail and Currys, citing more competitive homewares pricing from international fashion retailers like Zara and H&M. B&M's price target rose to 275p from 240p due to improved ...
