Strategy Inc.'s STRC preferred stock rose 9% over the past year, outperforming Bitcoin which fell 47% during the same period. Other preferred securities from Strategy saw losses between 8% and 27%, while the company's common stock dropped about 76%. STRC offers a variable dividend rate, recently reaching 12%, and is part of Strategy's digital credit funding approach. Despite STRC's positive return, it has traded below its $100 value and the company has been buying back shares to support the price. Strategy continues to use Bitcoin sales to fund dividends and aims to balance income generation with Bitcoin's volatility.
SK Hynix has approved a $38 billion investment to build new memory fabrication plants. However, these new fabs are not expected to produce any chips before December 2028, indicating a long-term expansion plan. This move highlights SK Hynix's commitme...
Over the past decade, an investment of $10,000 in AMD grew to more than $700,000, significantly outperforming the S&P 500, which turned the same amount into about $42,000. This highlights AMD's exceptional growth and strong market performance compare...
Changpeng Zhao (CZ), former Binance CEO, is donating all BNB and BinanceLife tokens from a public wallet to Giggle Academy, a nonprofit offering free education. After the transfer, CZ will abandon the wallet, turning it into a burn address to prevent...
Kaito's price has fallen about 11% in the past day, continuing a week-long decline driven by whale selling. This trend is linked to an upcoming token unlock on August 20, releasing 32.6 million KAITO tokens, which may increase selling pressure amid b...
Bitcoin is trading around $63,038, about 19% below its May peak near $77,500, prompting some skepticism about its future value. Citi, Standard Chartered, and TD Cowen have all lowered their 2026 Bitcoin price targets, reflecting softer demand and reg...
