Michael Saylor revealed that Strategy's recent sale of 32 Bitcoin, worth about $2.5 million near $59,000-$60,000, was intended to demonstrate that the company can liquidate BTC holdings without causing a market crash. This move was designed to counter fears that selling Bitcoin would force the company into a 'doom loop' of issuing more stock to pay dividends. Saylor emphasized that Strategy's treasury is flexible enough to support dividends through modest Bitcoin appreciation (around 3.2%) without relying on stock issuance. Bitcoin remains cautiously bullish above $65,000, with resistance near $65,200-$65,300 potentially signaling the next price move. The sale challenges the idea that large institutional Bitcoin holders are trapped and unable to monetize their holdings without destabilizing the market.
First Hydrogen Corp. has signed an agreement to acquire a 60% stake in Exodus Actuation Solutions Inc. (RoboticsCo), gaining access to advanced robotics and actuation technologies. This move supports First Hydrogen's expansion into AI, autonomous sys...
Sovereign Metals announced that incorporating rare earth recovery into its Kasiya project in Malawi could add an incremental pre-tax net present value (NPV) of $722 million, requiring about $29 million in capital to reach production. A scoping study ...
The Gym Group reported a 48% increase in first-half pre-tax profit for 2026, driven by a 5% rise in average membership to around 1 million and a 5% increase in revenue per member. Revenue grew 10% to £133.1 million, and adjusted EBITDA less normalise...
Questcorp Mining announced successful Phase 2A drilling results at its La Union project in Sonora, Mexico, revealing near-surface gold and polymetallic mineralization at Union Norte and confirming historic mineral systems at Union Mine. The campaign ...
Edge Total Intelligence Inc. was recognized in Gartner's 2026 Hype Cycle for Managing Operational Technology for its Digital Twins profile. This highlights the company's role in integrating IT and OT systems to create operational digital twins that u...
