Strategy Inc. announced it may use bitcoin sales alongside stock sales to finance repurchases of its preferred stock (STRC), aiming to buy shares at a discount and improve liquidity and stability. The company repurchased nearly 289,000 STRC shares at an average price well below the $100 stated amount, saving on future dividends. Strategy maintains a large USD reserve for dividends and debt, keeping buybacks funded separately to preserve financial flexibility. This approach supports disciplined buybacks and sustainable demand for STRC shares while potentially leveraging bitcoin sales when market conditions are favorable.
The Dolphin Company's current management proposed selling its main assets in Mexico to Delphinus Blue Planet, a Grupo Xcaret subsidiary, for $20 million. This deal would give Delphinus control over more than 90% of dolphin habitats in Mexico, creatin...
Johnson & Johnson has reached a historic $5.5 billion settlement to resolve claims from about 70,000 women and families alleging its talc products, including Johnson's Baby Powder, contained asbestos and caused cancers such as ovarian cancer and meso...
Catalyst Acquisition Corp. announced the pricing of its initial public offering (IPO) at $10 per unit, raising $200 million by offering 20 million units. The units, each including one Class A ordinary share and a partial share right, will begin tradi...
Indonesian equities have entered bull-market territory after a significant rebound from a five-year low in early June, driven by attractive valuations and regulatory measures. MSCI's decision to delay downgrading Indonesia's market status from emergi...
Hyperliquid trades near $59.5, just above its 100-day EMA, holding a critical support at $57.5 with resistance at $62 and $64.3. Shiba Inu broke above its 26- and 50-day EMAs but faces resistance at the 100-day EMA, with buying interest strong but un...
