Publicly traded companies and the government of Bhutan are selling off significant portions of their Bitcoin holdings due to ongoing price weakness and market downturn. Empery Digital sold 370 of its nearly 3,000 bitcoins at an average price of $66,632, while Bhutan reduced its holdings from over 13,000 BTC to a lower amount by selling 3,103 bitcoins. This trend reflects broader challenges in the crypto treasury space, with companies facing pressure on their balance sheets and some even launching share buybacks. Despite these sales, public bitcoin treasury companies still hold around 1.1 million bitcoins, about 5% of the total supply. Meanwhile, middle market companies mainly use crypto for payments, not treasury, indicating limited adoption for business operations.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Thor Explorations produced 19,153 ounces of gold in Q2 2026 from its Segilola mine in Nigeria, maintaining its full-year production guidance of 75,000 to 85,000 ounces. The company generated $77.3 million in revenue by selling 17,050 ounces at an ave...
Angelini Pharma has finalized its $4.1 billion acquisition of Catalyst Pharmaceuticals, enhancing its footprint in the U.S. market and strengthening its global leadership in brain health and rare diseases. The deal includes significant investments fr...
Zcash (ZEC) has gained over 16% in the past week, rallying from lows near $368 to around $552 following an 11% jump in one session. This surge is driven by anticipation of the Ironwood shielded pool upgrade expected around July 28, which addresses a ...
Greenwich LifeSciences is developing GLSI-100, an immunotherapy targeting HER2-positive breast cancer, currently in Phase 3 trials. The drug showed a 70-80% reduction in cancer recurrence in Phase 2b, outperforming existing treatments with no serious...
