Strategy sold 3,588 Bitcoin between June 29 and July 5, raising about $216 million to fund preferred stock distributions and increase its US dollar reserves. This sale is part of a broader Bitcoin monetization program approved by the board, allowing up to $1.25 billion in Bitcoin sales to support capital management. Despite these sales, the company still holds approximately 843,775 Bitcoin worth around $52 billion. Strategy also reported an $8.32 billion digital asset loss in Q2, mainly from unrealized losses, and appointed a new principal accounting officer following a retirement.
Lighter (LIT) surged 13% to a new local high of $4.67, marking its third consecutive day of gains and outperforming both Hyperliquid (HYPE) and Ethereum (ETH) over the past five months. This rally is driven by increased network activity following the...
Weyerhaeuser's stock has declined about 7% over the past year due to weak demand from a prolonged downturn in the US housing market. Elevated mortgage rates and limited construction capacity continue to suppress lumber demand, delaying recovery likel...
On September 4, US spot Bitcoin ETFs attracted $175 million in net inflows, while Ethereum ETFs gained $26.46 million, continuing a positive trend in institutional crypto interest. These inflows follow a record $731 million Bitcoin ETF inflow on Sept...
XRP has stabilized around $1.40 after a recent rise, with $1.25 emerging as a crucial support level where large investors, or whales, are expected to buy the dip. This price point aligns with key technical indicators and marks a strategic accumulatio...
A class action lawsuit has been filed against Papa John's International by investors who bought stock between August 7, 2025, and August 5, 2026. The suit alleges the company misled investors about its business prospects, including sales, dividends, ...
