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.
Thunder Mountain Gold has appointed Dr. Steven Osterberg as Senior Vice President of Exploration, replacing Ron Espell who stepped down as COO. Dr. Osterberg will lead exploration efforts at the South Mountain Project in Idaho, a polymetallic site wi...
U.S. Gold Corp., a U.S.-focused gold and copper exploration company, announced it will participate in four key investor conferences in September 2026. The company plans to highlight its fully permitted CK Gold Project in Wyoming, which has strong eco...
Ventripoint Diagnostics Ltd. closed the first tranche of a $350,000 private placement, raising $180,000 to support commercialization of its AI-enabled echocardiography technology, VMS+. The company also engaged More Capital as a strategic advisor and...
The US-Canada trade conflict escalated as President Trump threatened to ban Canadian airplane maker Bombardier from selling in the US, citing unfair trade practices. Canada responded with retaliatory tariffs on $20 billion of US goods, including stee...
Lakewood-Amedex Biotherapeutics, a clinical-stage biotech company developing a novel class of fast-acting antimicrobials called Bisphosphocin®, announced that CEO Kelvin Cooper will present at the H.C. Wainwright 28th Annual Global Investment Confere...
