MicroStrategy CEO Michael Saylor announced the company is 'back' to buying Bitcoin after a 10-week pause, driven by improved financial conditions. The company's $6.69 billion cash reserve now nearly offsets its $6.71 billion convertible debt, reducing net leverage to 0.1%. Additionally, its preferred shares (STRC) are trading near the $100 target, easing dividend costs. While no new Bitcoin purchases have been officially reported yet, these financial shifts suggest MicroStrategy may soon resume buying Bitcoin, signaling confidence in the cryptocurrency's future despite recent sales to support preferred share repurchases.
The Financially Free Investor group has developed an 8-fund retirement portfolio model that builds on a simpler 3-ETF approach. This expanded portfolio aims to deliver nearly 6% yield with market-matching returns, combining high income, inflation pro...
Ingersoll Rand showed strong revenue and profit growth in its Industrial Technologies and Precision and Science Technologies segments across major regions. The company raised its full-year guidance, expecting 4.5%-6.5% revenue growth, $2.13–$2.19 bil...
In 1918, Milton Hershey placed about $60 million of Hershey stock into a trust for orphans, a move that has grown to control nearly 80% of Hershey's voting power and holds $23.6 billion in assets today. The trust supports the Milton Hershey School fo...
Bitwise announced it will wind down its Dogecoin fund BWOW, paying out remaining shareholders in cash on October 22, 2026. The fund stopped trading on October 14, reflecting the small size of regulated Dogecoin funds in the US, which manage only abou...
Tesla delivered 486,532 vehicles in Q3 2026, marking its third-best quarter ever and the strongest since U.S. federal clean vehicle credits ended. The rise in fuel prices due to the Hormuz crisis likely replaced some of the lost $7,500 credit incenti...
