More than a year after President Trump ordered the creation of a Strategic Bitcoin Reserve managed by the Treasury, the plan remains unimplemented due to a jurisdictional dispute with the Commerce Department. The Justice Department is now involved to clarify legal oversight, while Congress has introduced two bills aiming to establish a legal framework for the reserve. The US currently holds 328,372 Bitcoin worth about $21 billion, making it the largest sovereign holder globally. The outcome depends on resolving agency conflicts and potential legislative approval, which faces uncertainty ahead of midterm elections.
Tower Semiconductor announced it will publish its second quarter 2026 financial results on August 4, 2026, followed by a conference call to discuss the earnings and provide guidance for the third quarter. The call will be webcast and accessible via t...
AmpliTech Group announced a board-approved stock repurchase program allowing up to $10 million in buybacks over 24 months, signaling confidence in its record revenue and expanding order book. Concurrently, the company terminated its At-The-Market equ...
KAR Electrical Power Production Trading FZE (KEPPT) has appointed J.P. Morgan to coordinate financing for its $1.6 billion urea plant in Basra, Iraq. The plant, expected to start construction in 2027 and operation by 2030, will produce 1.15 million t...
KEPPT has appointed J.P. Morgan to arrange financing for a $1.6 billion urea plant in Basra, Iraq, aiming to reduce reliance on imports and support the agricultural sector. The plant will produce 1.15 million tonnes annually and is expected to start ...
KEPPT has appointed J.P. Morgan to arrange financing for a $1.6 billion urea plant in Basra, Iraq, set to produce 1.15 million tonnes annually. This project aims to reduce Iraq's dependence on urea imports, support the agricultural sector, and stimul...
