MicroStrategy added 37 Bitcoin between late May and late July but then sold 1,638 Bitcoin in one week, lowering its total holdings below the 843,738 BTC it had in May. The sale was primarily to cover a sharp rise in preferred dividends, which jumped from $49.1 million to $400.7 million in Q2. The company sold Bitcoin at a loss to repurchase its own preferred shares at a discount, aiming to reduce future dividend expenses. Despite these sales, MicroStrategy's leadership expects to remain a net Bitcoin buyer over time, with the next holdings update due soon.
Hennessey Special Vehicles has revealed the Blackbird, a new naturally aspirated, manual-transmission hypercar inspired by the Lockheed SR-71 Blackbird aircraft. The car features an all-new 6.2-liter V8 engine producing 800-850 hp, a six-speed gated ...
Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, began his leadership by significantly reducing the company's investment in Chevron. At the same time, he introduced a virtual monopoly company into Berkshire's top five holdings, sig...
Galaxy Digital has committed $5 million to improve Bitcoin's resistance to potential quantum computing attacks. This move addresses concerns that future quantum computers could break Bitcoin's cryptographic security, posing a risk to its integrity. T...
Mitsubishi Electric Corporation reported earnings and revenue below expectations for a recent quarter but showed strong growth in the following fiscal quarter with a 14% revenue increase and higher operating profit. The company is investing $30 milli...
Marriott International exceeded Q2 2026 earnings expectations, reporting an EPS of $3.19 versus the $3.08 consensus. The company's growth was driven by a 5% increase in Revenue Per Available Room (RevPAR) in the U.S. and Canada, contributing to a 3.4...
