Strategy sold about 7,000 Bitcoin near $60,000 to fund preferred dividends, reducing net debt from $7 billion to zero and increasing dollar reserves to $7 billion. The sale was a capital management move, not a market timing decision. After strengthening its balance sheet, Strategy resumed buying Bitcoin near $80,000, viewing accumulation as a long-term plan with potential purchases up to $130,000. The company also opposed MSCI’s proposal to exclude firms with non-operating assets like Bitcoin from stock indexes, arguing for consistent asset treatment.
Chevron plans to more than double its oil production in Venezuela within five years by investing $7 billion. The company has been assigned two new oilfields in Venezuela's Orinoco Belt, aiming to increase production from about 280,000 barrels per day...
US oil prices are rising amid escalating military tensions between the US and Iran, with prediction markets now assigning a 57% chance that West Texas Intermediate (WTI) crude will reach $95 a barrel by the end of September. The conflict intensified ...
In August 2026, wallets holding over 100 BTC accumulated about 60,000 BTC, worth roughly $4.7 billion, while mid-size and smaller holders sold a combined 47,000 BTC. This transfer of coins from smaller to larger holders coincided with Bitcoin's stron...
Alaska's Industrial Development and Export Authority authorized $25 million to fund geotechnical drilling and permitting for the West Susitna Access Project, a road connecting the Whistler Gold-Copper Project to Anchorage's infrastructure. This road ...
Immunic, a late-stage biotech company, announced a virtual R&D day on September 9, 2026, focusing on its oral therapy vidofludimus calcium for relapsing multiple sclerosis (MS). The event will feature company executives and leading MS experts discuss...
