Michael Saylor responded to Peter Schiff's warning to reduce positions in MicroStrategy (MSTR) shares by highlighting Bitcoin's strong performance since 2020, with a 36% annualized return outperforming gold and the S&P 500. Schiff argues that Bitcoin's growth is underwhelming compared to other assets and warns of potential risks if Bitcoin's price falls, which could impact MSTR's debt servicing. Despite a $3 billion unrealized loss due to Bitcoin's current price below MSTR's average entry price, Saylor emphasizes Bitcoin's superior returns since adopting it as a reserve asset. The debate centers on whether a public company can thrive relying solely on a volatile digital asset over a long period.
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...
