Strategy, led by Michael Saylor, expanded its bitcoin reserves to 846,842 BTC following the 2022 crypto market downturn that saw bitcoin prices fall below $16,000. The company raised over $60 billion in capital, acquiring more than 716,000 BTC, and now holds bitcoin and cash reserves exceeding its debt by about $48 billion. Saylor also outlined a new vision for bitcoin as digital capital supporting future financial infrastructure, emphasizing a five-layer framework for bitcoin's role in global finance beyond just holding BTC. This marks a significant recovery and growth phase for Strategy after a challenging period in the crypto market.
TORM plc increased its share capital by issuing 31,483 new Class A shares following the exercise of Restricted Share Units (RSUs). These shares were subscribed for in cash at DKK 179.80 each, raising the company's share capital to USD 1,024,212.67 di...
Berkshire Hathaway, under new leadership by Greg Abel, is adjusting its portfolio with $19.8 billion in net equity purchases and $4.5 billion in share buybacks during Q2. The company is increasing exposure to Alphabet and homebuilders while maintaini...
Circle announced it will stop new USDC minting on the Noble blockchain by October 13, 2026, and fully pause Noble's USDC contract and Cross-Chain Transfer Protocol V1 (CCTP V1) routes by January 12, 2027. Users must move their USDC off Noble before t...
Bitcoin Bancorp acquired 2,547 cryptocurrency ATMs from the bankrupt Bitcoin Depot for about $620,750, a fraction of their $26 million book value. Bitcoin Depot filed for Chapter 11 bankruptcy after a 49% revenue drop and regulatory pressures that ma...
U.S. diesel prices reached a record $6 per gallon due to supply disruptions caused by the wars in Ukraine and Iran, pushing transportation and fuel costs higher. This rise impacts the entire economy as diesel powers trucks, trains, and farming machin...
