Strategy, Michael Saylor's company, broke its long-held policy of never selling Bitcoin by realizing over $102 million in losses in 2026 through sales below its average purchase price. These sales are driven by the need to meet $1.2 billion in annual dividend payments on preferred shares, amid a sharp decline in cash coverage and a stock price trading below net asset value. The company sold 1,690 bitcoins for $108.6 million at an average price of $64,262, below its acquisition cost of $75,400 per bitcoin, while still holding about 840,000 bitcoins with $10.6 billion in unrealized losses. The sustainability of this strategy depends on Bitcoin prices rising above the breakeven point to avoid further losses and dilution of shareholder value.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
Dune Oil Corp completed contractor site visits at its Gabar Block in southeastern Türkiye as part of preparations for a planned 2D seismic acquisition program. The visits involved reviewing field conditions, logistics, and equipment needs to finalize...
Temple Digital Group, a New York-based financial infrastructure firm, has launched its central limit order book (CLOB) exchange on the Canton Network, a privacy-focused blockchain. As of mid-2026, Temple is the highest revenue-generating app on Canto...
Jefferies downgraded Apple stock to sell amid concerns over high valuation, a modest recent quarter, and the cancellation of an all-glass iPhone. However, Apple’s AI advancements, including on-device AI and personalized intelligence, are seen as key ...
Alphabet's strategy of owning the entire AI technology stack—from custom silicon to consumer distribution—has driven robust growth, with Google Cloud revenue up 82% and overall revenue rising 24.23% in the latest quarter. The company boasts a strong ...
