Michael Saylor's company, Strategy, is promoting a new 'digital credit' approach to generate high dollar yields from Bitcoin by issuing preferred shares and bonds that offer fixed coupons despite Bitcoin's volatility. The flagship securities yield up to 16.69%, far above traditional bonds, but the company faces heavy criticism due to a massive $9.8 billion unrealized loss on its Bitcoin holdings and a recent forced sale of $218 million worth of BTC. Strategy has paused Bitcoin purchases and raised $466.7 million through an ATM program to shore up finances. The market remains skeptical whether this strategy can sustain payments and restore investor confidence amid ongoing debt pressures.
Revenium has successfully completed a SOC 2 Type II audit conducted by AuditOne LLP, confirming the security, availability, and confidentiality controls of its AI cost and spend management platform. This certification is crucial as enterprises increa...
Lyora Therapeutics, a biotech startup, has launched with $2.5 million in seed funding to develop genetic medicines targeting inherited retinal diseases that currently lack treatments. Their lead programs, LYA-101 and LYA-102, aim to treat retinitis p...
Flex secured $70 million in a Series B1 funding round led by Halo Fund to accelerate the launch of Flex Global, an AI-native private banking platform serving high-net-worth business owners in over 100 countries. The platform integrates multi-currency...
Fanatics Studios and DICK’S Sporting Goods’ Cookie Jar & a Dream Studios are producing a documentary about Olympic gymnast Suni Lee. The film offers an intimate look at her life, focusing on her comeback after battling chronic kidney disease and comp...
Rackspace Technology has been recognized as a leader in the 2026 ISG Provider Lens report in the US and UK for managed services in AI-enabled infrastructure and managed cloud hosting with resilient infrastructure. This highlights Rackspace's role as ...
