Strategy holds 840,447 Bitcoin with an average acquisition cost of $75,385 per coin. On August 21, Bitcoin's price briefly climbed above this cost during an 8.5% daily rally, generating an estimated unrealized gain of about $192 million before prices fluctuated again. The company's Bitcoin holdings remain sensitive to price changes, as a $1,000 move in Bitcoin affects the position's market value by roughly $840 million. Meanwhile, BitMine's Ethereum holdings remain deeply below their average cost, with an estimated unrealized loss of about $5.79 billion. Strategy plans to resume Bitcoin accumulation in 2026 but must balance this with preferred dividends and liquidity needs.
Tekcapital's portfolio company Guident has signed a 36-month agreement with Coastal Waste & Recycling to deploy its WatchBot autonomous inspection robots and AI software across more than 40 Coastal locations. The system will conduct facility patrols,...
Corcept Therapeutics is rated Strong Buy with price targets of $163 in one year and $222 in two years, driven by rapid revenue and margin growth. The company’s new drug Lifyorli is launching quickly for platinum-resistant ovarian cancer, and Korlym c...
Pop Mart's shares dropped more than 4% after it reported first-half revenue of 17.17 billion yuan, up 23.8% year-over-year but below expectations due to declines in Asia Pacific (excluding China) and the Americas. Revenue in China grew 47.3%, but sal...
Solana's price jumped nearly 20% last week, reaching $91 before settling near $89, driven by the US Treasury doubling bond buybacks to boost market liquidity. This policy shift sparked renewed investor confidence, leading to $14.58 million in net inf...
Bitcoin surged past $75,000 for the first time since May, driven by a crypto market rally following a White House event where President Trump urged Congress to pass the CLARITY Act, a crypto-friendly legislation. Ether and other major cryptocurrencie...
