Japanese investment firm Metaplanet reported a net loss of $725 million in Q1 2026 due to a sharp 22% drop in Bitcoin prices, causing significant valuation losses on its Bitcoin holdings. Despite these losses, Metaplanet increased its Bitcoin reserves to over 40,000 BTC, controlling nearly 87% of Bitcoin held by publicly listed Japanese companies. The firm's core business showed strong growth with net sales up 251% and operating profit rising 282%. Metaplanet also faces regulatory delays for its planned perpetual preferred share listing in Japan, which would be a first for the country if approved.
Ipsen has introduced corabotase, the first molecule in a new class of recombinant neuroinhibitors, designed to treat moderate to severe upper facial lines such as glabellar lines. Phase II trial data presented at the SCALE Symposium showed corabotase...
Ipsen has introduced corabotase, the first molecule in a new class of recombinant neuro-inhibitors, at the SCALE symposium. Phase II trial data show corabotase's safety and efficacy in treating moderate to severe facial wrinkles, including glabellar ...
Eight Directions Technology Limited, a provider of premium customized disposable products, has agreed to merge with Quartzsea Acquisition Corporation, a special purpose acquisition company (SPAC). The merger will result in Eight Directions becoming a...
DeFi Development Corp. reported a 108% increase in fully converted SOL per share over the past year, reaching 0.0670 by May 13. Despite this growth, the company posted a significant $83.4 million net loss in Q1 2026, driven by lower SOL prices impact...
Whirlpool's shares have fallen 45% year-to-date due to collapsing demand, shrinking profit margins, and significant balance sheet stress. The company's Q1 results showed a surprise loss, a sharp decline in EBIT margin to 1.3%, and major cuts to earni...
