Samsung Electronics announced it expects to return between 90 trillion and 110 trillion won ($65.1 billion to $79.52 billion) to shareholders in 2026, marking the largest shareholder return by a Korean company. This follows SK Hynix's recent 40 trillion won share buyback, highlighting a strong trend of returns among South Korea's chipmakers. Samsung will finalize the mix of dividends and buybacks in early 2027 and has already committed to paying 30 trillion won in dividends in Q3 2026. This move supports Samsung's strategy to enhance corporate value amid growing AI-driven demand for memory chips.
Bitcoin surged past $77,000 on August 21, reaching a three-month high after a sharp five-day rally supported by strong U.S. spot Bitcoin ETF inflows totaling over $1.12 billion in two days. Concurrently, Bhutan's government moved 490.87 BTC worth abo...
Strategy's 840,447 Bitcoin holdings briefly turned profitable when Bitcoin's price rose above their average cost of $75,385 per coin, reaching a peak paper gain of about $191.6 million before slipping back. The company sold some Bitcoin earlier to fu...
Focus Graphite's Lac Knife Graphite Project in Canada has been recognized and supported by the Canadian government as part of a clean-energy and critical-minerals infrastructure initiative. The project received C$1.38 million in non-repayable federal...
U.S. spot Solana Exchange-Traded Funds (ETFs) recorded a net inflow of $14.59 million, the largest single-day inflow in three weeks, indicating renewed institutional interest in Solana. This inflow is a significant increase compared to $8.8 million o...
Oil prices slightly fell on Friday but are on track for a second consecutive weekly increase as the US announced plans for the toughest sanctions ever against Iran. This move has dimmed hopes for a quick reopening of the Strait of Hormuz, a key oil s...
