KULR Technology Group sold 300 BTC worth $24.36 million to cut losses as Bitcoin prices fell below their average purchase price, resulting in an $18.25 million loss. This reflects a broader trend where public companies holding Bitcoin have seen their total holdings drop from $126 billion to $96 billion, incurring $30 billion in unrealized losses. Other firms like Riot and MARA are also selling Bitcoin amid heavy losses, signaling ongoing pressure on institutional investors and a weakening Bitcoin market. This cycle of selling by large holders may continue to weigh on Bitcoin's price recovery.
Micware Co., Ltd., a Japanese automotive software provider, priced its upsized IPO at $8 per American Depositary Share (ADS), aiming to raise $22.8 million. The IPO includes 2.85 million ADSs and will list on Nasdaq under the ticker MWC starting May ...
Champ AI has emerged from stealth with an $8.5 million funding round led by Redpoint Ventures to revolutionize enterprise operations automation. The company’s platform uses AI agents to automate labor-intensive tasks across browsers, phone calls, and...
Old National Bank has introduced 'Team Old National,' a group of golf ambassadors including PGA TOUR player Michael Brennan and top-ranked amateur Kiara Romero. This initiative aims to boost the bank's visibility and community engagement through golf...
Encore Capital Group priced an upsized €325 million senior secured floating rate notes offering due 2033, with a coupon of three-month EURIBOR plus 3.25%. The proceeds will be used to redeem €215 million of outstanding 2028 notes, repay revolving cre...
Microsoft reported an 18% year-over-year revenue increase in Q3, fueled by strong growth in its Azure cloud services and SaaS segments. The Productivity and Business Processes division grew 17%, countering concerns about AI disrupting SaaS demand and...
