Michael Saylor, executive chair of MicroStrategy, states that Bitcoin's price is no longer set by miners but by structured credit markets. MicroStrategy's STRC preferred stock, which pays an 11.5% variable dividend and channels capital into Bitcoin purchases, has grown to $10.5 billion in notional value in just ten months. The firm is buying more Bitcoin than miners produce, shifting pricing power from mining output to institutional credit demand. This trend is expected to continue until Bitcoin mining tapers off near 2140, making Bitcoin a primarily institutional asset driven by credit market demand rather than mining supply.
Crescendo announced winners of its inaugural 2026 Customer Awards, recognizing five companies excelling in AI-powered customer experience (CX). Winners include Nothing Bundt Cakes for customer obsession, Lovepop for practical AI use, Grindr for forwa...
Lennox International Inc., a leader in energy-efficient building solutions, announced an increase in its quarterly dividend from $1.30 to $1.36 per share. The dividend will be paid on July 15, 2026, to shareholders of record as of June 30, 2026. This...
Deere & Company beat Q2 earnings estimates with EPS of $6.55 and revenue of $13.369 billion, driven by strong Small Ag and Construction & Forestry sales. However, Production & Precision Agriculture sales fell 14%, pressured by lower shipments and ris...
Cardinal Infrastructure Group announced the promotion of Marisa Hodes to Vice President of the Carolinas and the formal appointment of Chace Adams as Safety Director. Hodes has rapidly advanced through the company since 2021, managing over $250 milli...
SpaceX filed its S-1 with the SEC on May 20, 2026, planning a Nasdaq IPO under ticker SPCX, targeting a June 12 debut. This public filing strengthens speculation of a potential 2027 merger with Tesla, as it establishes a clear financial basis for sha...
